This week, the White House is holding a ransomware summit to increase global and private sector cooperation to confront the ransomware problem. The US will host 36 countries from the European Union to discuss how to bolster resilience against ransomware attacks and thwart the cybercriminals behind them. The summit, which is in its second year, is scheduled to begin with a threat briefing from the Office of the Director of National Intelligence, the FBI, and the Cybersecurity and Infrastructure Security Agency outlining the current state of the ransomware problem, including a chart that shows 4,000 ransomware attacks over the past 18 months, broken down by sector worldwide. New this year will also be the participation of 13 private sector companies and organizations: CrowdStrike, Mandiant, Cyber Threat Alliance, Microsoft, Cybersecurity Coalition, Palo Alto, Flexxon, SAP, Institute for Security + Technology, Siemens, Internet 2.0, Tata – TCS, and Telefónica. One of the larger issues that will be discussed is how to disrupt ransomware actors that operate with impunity inside of nations such as Russia, which typically ignores ransomware actors’ actions as long as Russian interests aren’t targeted in attacks.
By Anthony Zampino Introduction Leading up to the most recent Russian invasion of Ukraine in