![]() ![]() The RCDC will publish semiannual reports on ransomware trends and serve as an information sharing hub "with a wide spectrum of stakeholders."Īdditionally, CRI members will work in the coming year to build a ransomware investigator's toolkit that "will allow CRI partners to benefit" from prior incidents outside their borders, are committing to publishing joint advisories, will work to build "active and enduring" private/public sector ransomware engagement, agree to hold biannual counter ransomware exercises and help build a single ransomware framework used to coordinate priority targets and relay information to law enforcement groups to take action. The Lithuanian Regional Cyber Defense Center (RCDC) will also begin playing host to a new "fusion cell" that will be used to test a scale version of the ICRTF and operationalize ransomware threat info. Included in that list is the establishment of an International Counter Ransomware Task Force (ICRTF) that will initially be chaired by Australia and work "to coordinate resilience, disruption, and counter illicit finance activities." The White House's global ransomware summit couldn't come at a better time.Ritz cracker giant settles bust-up with insurer over $100m+ NotPetya cleanup.Encryption scrambles the contents of a file, so that it is. Crypto-ransomware is a type of harmful program that encrypts files stored on a computer or mobile device in order to extort money. Ransomware cost US banks $1.2 billion last year A quick guide to crypto-ransomware - what it is, how it works, what happens when your computer is infected and what you can do to protect your computer.US Treasury thwarts DDoS attack from Russian Killnet group.Those were also detailed in the joint statement, with the group saying it planned to do a number of things between now and the next summit. ![]() New commitments are great, but they are still plans as opposed to concrete action being taken by the CRI. Other new commitments made during the summit include plans to hold another workshop on improving blockchain tracing and analytics to counter money laundering, developing an active information sharing platform between private and public entities, writing new international standards for preventing and responding to ransomware, and improving international agency cooperation "to strengthen resilience … and law enforcement capacity to combat ransomware other countries." More than commitments ![]()
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