The report confirms an array of anecdotal evidence about malicious cyberattacks from nation states and criminal actors over the past two years.
Sophisticated actors, many aligned or supported by rogue nation states, have stepped up activity against U.S. organizations, including critical infrastructure providers like Colonial Pipeline and meat supplier JBS USA.
Deputy Treasury Secretary Wally Adeyemo addressed the ransomware threat Tuesday during the second International Counter Ransomware Initiative Summit.
“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 remains profitable for bad actors,” Adeyemo said, according to a readout of his prepared remarks.
Late Tuesday, the coalition of 36 countries and the European Union pledged to take additional steps to combat ransomware following the summit.
The group will establish a voluntary International Counter Ransomware Task Force led by Australia as the inaugural chair and coordinator. The task force will enhance early warning capabilities and work to counter illicit financing.
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The ubiquity of the cloud has left security gaps for organizations, leaving them to navigate a complex vendor landscape and defend their technology supply chain
Rising ransomware attacks and higher payout demands have battered the insurance industry, leaving many organizations exposed and vulnerable.
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Get the free daily newsletter read by industry experts
The ubiquity of the cloud has left security gaps for organizations, leaving them to navigate a complex vendor landscape and defend their technology supply chain
Rising ransomware attacks and higher payout demands have battered the insurance industry, leaving many organizations exposed and vulnerable.
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