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DHS: Ransomware Is National Security Threat

By   Brad D. Williams on April 29, 2021 at 4:50 PM Homeland Security Secretary Alejandro Mayorkas WASHINGTON: Ransomware attacks are an “urgent” and “dramatically increasing” national security issue that requires a “whole-of-government” approach, to include robust international cooperation. “One thing is clear: Ransomware is a national security threat,” DHS Secretary Alejandro Mayorkas said today in prepared remarks. He pledged that his department will implement many of the r...
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Russian Ransomware Group Claims Credit for Cyber Attack on D.C. Metro Police

Russian Ransomware Group Claims Credit for Cyber Attack on D.C. Metro Police Newsweek 30/04/2021 Meghan Roos © ROB ENGELAAR/ANP/AFP via Getty Images A laptop displays a message after being infected by ransomware as part of a worldwide cyberattack on June 27, 2017 in Geldrop, Netherlands. A suspected ransomware attack is believed to have struck the Washington Metropolitan Police Department, the latest in a series of cyberattacks impacting the U.S. Files containing personal i...
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Source: msn.com

In ransomware fight, US government, industry join forces: Report

The United States government and industry officials confronting an epidemic of ransomware attacks are zeroing in on cryptocurrency regulation as the key to combating the scourge, sources familiar with the work of a public-private task force tells the Reuters news agency. In a ransomware attack, hackers freeze the computers of a target and demand a payoff. In a report on Thursday, the panel of experts is expected to call for a far more aggressive tracking of Bitcoin and other cryptocurrencies. W...
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Government, industry push bitcoin regulation to fight ransomware scourge

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Task Force Seeks to Disrupt Ransomware Payments – Krebs on Security

Some of the world's top tech firms are backing a new industry task force focused on disrupting cybercriminal ransomware gangs by limiting their ability to get paid, and targeting the individuals and finances of the organized thieves behind these crimes.
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US Govt, industry push bitcoin regulation to fight ransomware scourge

Take aim at lifeblood of operators. US government and industry officials confronting an epidemic of ransomware, where hackers freeze the computers of a target and demand a payoff, are zeroing in on cryptocurrency regulation as the key to combating the scourge, sources familiar with the work of a public-private task force said. In a report on Thursday, the panel of experts is expected to call for far more aggressive tracking of bitcoin and other cryptocurrencies. While those have won greater acc...
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Amazon, Microsoft Join Joe Biden and DHS in Declaring War on Ransomware

Amazon, Microsoft Join Joe Biden and DHS in Declaring War on Ransomware On 4/29/21 at 4:00 PM EDT A handful of powerful technology companies is teaming up with private organizations and government agencies to help the federal government combat ransomware following a series of high-profile cyberattacks in the U.S. Individuals representing more than 40 organizations in the private and public sectors collaborated to produce an 81-page report outlining recommendations for the U.S. government and pr...
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Fighting Ransomware: A Call for Cryptocurrency Regulation

Get Permission A coalition of government agencies and security firms has released a framework for how to disrupt ransomware attacks that calls for expanded regulation of the global cryptocurrency market to better track the virtual coins paid to cybercriminals during extortion schemes. On Thursday, the Institute for Security and Technologys Ransomware Task Force published the framework, which features 48 proposals. It calls for a coordinated, international diplomatic and law enforcement effort...
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DoJ Task Force: Taking Down the Ransomware Economy

minute read Share this article: A coalition of 60 global entities (including the DoJ) has proposed a sweeping plan to hunt down and disrupt ransomware gangs by going after their financial operations. Ransomware has reached crisis levels across business sectors and across the globe, but a public-private Ransomware Task Force aims to stem the tide of attacks by disrupting the crooks’ business model. Join Threatpost for “Fortifying Your Business Against Ransomware, DDoS & Cryptoja...
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Task force proposes framework for combatting ransomware

Metamorworks / Nature / Getty Images Ransomware, the "perfect crime" of the internet era, is spreading rapidly, growing according to some accounts by 150% or more in 2020. There are no signs of a slow-down in 2021. The average ransom demanded by attackers jumped 43% from Q4 2020 to Q1 2021 to $220,298 as threat groups target bigger and more vulnerable organizations, from police forces to hospitals to municipal school districts. Two significant factors aid the inevitability of ran...
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