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A special fund under the auspices of USAID will be a key element in the response.
The growing activity of extortion groups is forcing the international alliance to strengthen measures to suppress them. Despite the actions of law enforcement officers, such groups are quickly recovering, which requires regular and larger-scale operations.
Anna Neuberger, Deputy Advisor to the President of the United States on Cybersecurity and New Technologies, stressed that one-time operations are not able to stop ransomware forever. Earlier this week, she said: "The infrastructure that is used for attacks needs to be regularly remediated and the financial channels that help extortionists launder funds."
By the way, just this week in the United States, the summit of the Counter Ransomware Initiative (CRI), created by the United States and including 68 countries, is being held. Recently, the list of CRI members has been expanded, including Argentina, Bahrain, Cameroon, Chad, Morocco, Hungary, the Philippines, Slovenia, Vanuatu and Vietnam. The first two days of the summit are devoted to discussing measures to counter cyber ransomware and policies in this area. On the third day, the issues of interaction between artificial intelligence and cyber defense will be touched upon.
CRI's action plan includes the launch of a special fund to combat cyber extortion led by the U.S. Agency for International Development (USAID), the development of recommendations for victims of attacks, the creation of a private advisory board to share information, the launch of a website to support participating countries in cyberattacks, and the expansion of a cybersecurity program for supply chains in the energy sector.
Anna Neuberger noted that as long as victims continue to pay ransoms, cyberextortionists will seek to restore their activities, even after a serious blow to their infrastructure. This underscores the need to increase the number and intensity of operations against attackers. The CRI Task Force will strengthen multifaceted countermeasures, engaging more countries to improve the effectiveness of such operations.
Laura Galante, director of the Center for Cyber Threat Integration (CTIIC), noted a significant increase in the number of cyberattacks in recent years. In 2022, 2,593 attacks were recorded, in 2023 - 4,506, and in the first half of this year - already 2,321 attacks. According to her, groups use decentralized models that allow them to quickly reorganize even after operations to eliminate them.
However, according to Galante, active measures to eliminate cyber extortionists make it difficult for them to develop their activities, creating "chaos" in organizations, which ultimately complicates the recovery of their activities. As an example of the successful impact of such operations, she cited the ALPHV/Black Cat group, which was significantly weakened, and then completely disappeared from the radar, having behaved ugly with one of its affiliates.
Source
The growing activity of extortion groups is forcing the international alliance to strengthen measures to suppress them. Despite the actions of law enforcement officers, such groups are quickly recovering, which requires regular and larger-scale operations.
Anna Neuberger, Deputy Advisor to the President of the United States on Cybersecurity and New Technologies, stressed that one-time operations are not able to stop ransomware forever. Earlier this week, she said: "The infrastructure that is used for attacks needs to be regularly remediated and the financial channels that help extortionists launder funds."
By the way, just this week in the United States, the summit of the Counter Ransomware Initiative (CRI), created by the United States and including 68 countries, is being held. Recently, the list of CRI members has been expanded, including Argentina, Bahrain, Cameroon, Chad, Morocco, Hungary, the Philippines, Slovenia, Vanuatu and Vietnam. The first two days of the summit are devoted to discussing measures to counter cyber ransomware and policies in this area. On the third day, the issues of interaction between artificial intelligence and cyber defense will be touched upon.
CRI's action plan includes the launch of a special fund to combat cyber extortion led by the U.S. Agency for International Development (USAID), the development of recommendations for victims of attacks, the creation of a private advisory board to share information, the launch of a website to support participating countries in cyberattacks, and the expansion of a cybersecurity program for supply chains in the energy sector.
Anna Neuberger noted that as long as victims continue to pay ransoms, cyberextortionists will seek to restore their activities, even after a serious blow to their infrastructure. This underscores the need to increase the number and intensity of operations against attackers. The CRI Task Force will strengthen multifaceted countermeasures, engaging more countries to improve the effectiveness of such operations.
Laura Galante, director of the Center for Cyber Threat Integration (CTIIC), noted a significant increase in the number of cyberattacks in recent years. In 2022, 2,593 attacks were recorded, in 2023 - 4,506, and in the first half of this year - already 2,321 attacks. According to her, groups use decentralized models that allow them to quickly reorganize even after operations to eliminate them.
However, according to Galante, active measures to eliminate cyber extortionists make it difficult for them to develop their activities, creating "chaos" in organizations, which ultimately complicates the recovery of their activities. As an example of the successful impact of such operations, she cited the ALPHV/Black Cat group, which was significantly weakened, and then completely disappeared from the radar, having behaved ugly with one of its affiliates.
Source
