![]() The White House recently brought together over 30 countries and private sector firms for a two-day summit focused on combating such attacks.Īccording to Security Week, the second International Counter Ransomware Summit will focus on priorities such as ensuring systems are more resilient to better withstand attacks and disrupt bad actors planning such assaults. More profitable even than selling illegal drugs via dark net markets and stealing and selling stolen credit cards.” “In fact, we know that hackers around the world consider conducting ransomware attacks the most profitable scheme on the internet. Wally Adeyemo – Deputy Secretary of the Treasury – remarked, “We may approach the challenge of ransomware with a different lens - and in some cases, an entirely different set of tools - but we are all here because we know that ransomware remains a critical threat to victims across the globe and continues to be profitable for bad actors. However, it cannot definitively attribute the variants to Moscow.Ĭyberscoop said that the data released on Tuesday represents suspicious transactions that American banks have flagged to US regulators as potentially connected to ransomware, and, for that reason, experts caution that the data from the Treasury Department offers only a partial picture of the broader ransomware industry. Of the top five variants that were reporting during the second half of last year, four are connected to Russia, according to FinCEN. Ransomware, once seen as a criminal menace, has been elevated to a national security issue following. ![]() From elite football clubs to elite global brands Why top teams are turning. The publication noted that the report underscores that curbing ransomware represents a key challenge in the US’ relationship with Moscow. The summit reflects the significance of the issue for Washington and the global community. scrutiny over agreement Liverpool already bettered with 64m deal. Rising ransomware attacks have the Justice Department's attention ( Washington Post ) The Justice Department has partly centralized ransomware investigations, but. ![]() A report by the US Treasury has found US financial institutions experienced nearly $1.2bn in costs associated with ransomware attacks in 2021.Īccording to Cyberscoop, these costs represent a nearly 200% increase over the previous year. White House Ransomware Summit Eyes Tighter Global Scrutiny for Crypto (Wall Street Journal) Officials from 31 countries and the EU say uneven enforcement allows hackers to cash in.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |