Second international summit to combat ransomware begins

Share post:

The White House has begun its second annual International Counter Ransomware Summit, where Biden administration officials will meet with representatives of the countries and companies involved to discuss the growing threat of data-destroying cyberattacks.

The International Counter Ransomware Summit will be attended by 36 countries and technology companies, including Microsoft Corp., Siemens AG and Mandiant, a division of Google LLC. Participants at the summit include Mexico, the Republic of Korea, several African nations, Ukraine, the United Kingdom, Japan, Israel and others. Crowdstrike, Mandiant, Microsoft and other technology companies with security concerns as well as FBI Director Christopher Wray, national security advisor Jake Sullivan and other department heads will be present.

The U.S. government says it is concerned that ransomware attacks exceed the government’s ability to stop them, which it cited as another reason for holding the second summit.

To address these cybersecurity challenges, the action-oriented agenda focuses on five themes: increasing the resilience of all partners, discouraging cyber criminals, combating illicit financing, building partnerships in the private sector, and strengthening global cooperation.

The Resilience Working Group, set up at the first summit last year, is said to have held two threat exercises in 2021 to ensure members could participate and learn from each other to implement best practice in case of an attack.

The sources for this piece include an article in TheRegister.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Cyber Security Today, April 24, 2024 – Good news/bad news in Mandiant report, UnitedHealth admits paying a ransomware gang, and more

This episode reports on the danger of using expired open-source packages, a tool used by a Russian hacking group and passw

Google Play introduces new biometric verification with a user warning

Google has recently announced updates to the biometric verification process for Google Play purchases, aiming to bolster security...

Cyber Security Today, Week in Review for week ending Friday April 19, 2024

On this episode Jen Ellis, co-chair of the Ransomware Task Force, talks about ways of fighting one of the biggest cyber threats to IT d

Cyber Security Today, April 19, 2024 – Police bust phishing rental platform, a nine-year old virus found on Ukrainian computers, and more

This episode reports on a threat actor targeting governments in the Middle East with a novel way of hiding malware is going international

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways