National Cyber Warfare Foundation (NCWF)

What s new from this year s Counter Ransomware Initiative summit, and what s next


0 user ratings
2024-10-06 23:28:19
milo
Ransomware

Action plans, different kinds of meetings and more have all been in the mix, top administration officials told CyberScoop.


The post What’s new from this year’s Counter Ransomware Initiative summit, and what’s next appeared first on CyberScoop.



After trying some new approaches to the U.S.-led global Counter Ransomware Initiative this year, the international coalition is already laying the groundwork for next year’s agenda.





Thursday wrapped up meetings of the 68 countries with an optional capacity-building day to help those participating nations “get through practical skills,” Anne Neuberger, the deputy national security advisor for cyber and emerging technology, told CyberScoop.





It followed a series of huddles that featured one day focused on the intersection of artificial intelligence and cybersecurity. Another innovation this year, according to a senior administration official, was regional breakout sessions alongside topical breakout sessions. “The feedback we got from our members is that it really facilitated robust conversation,” the official said.





The initiative is taking a divide-and-conquer approach to action plans for 2025. Germany and Nigeria are leading the diplomacy and capacity-building pillar, Australia and Lithuania are leading the operational task force, Singapore and the U.K. are leading the policy pillar, Canada is leading the private sector advisory panel and the United States is serving as the overall chair, Neuberger said.





“In each country you have agencies doing work to address aspects of the problem,” Neuberger said. “What we’ve been doing is bringing all the tools together to be more effective, and what we bring into CRI is helping other countries do the same, and then bringing that united power of 68 member countries and international organizations against the problem.”





The White House isn’t the only part of the United States government involved that’s looking ahead.





“We must recruit more countries to our cause and encourage our partners to raise their minimum cybersecurity standards, especially for critical infrastructure like hospitals,” Richard Verma, the deputy secretary of State for management and resources, said during a speech Tuesday. “We have to become even more proactive in helping countries recover from major ransomware attacks.”





Neuberger has repeatedly highlighted how victims paying ransoms keeps ransomware gangs in business, and it’s something she discussed again this week.





It starts with trying to encourage organizations to be resilient from the start. “That’s goal number one that they’re working on to get companies to improve cybersecurity each and every day,” she told CyberScoop.





“The second piece of that is work we’re working to do with insurance companies. In some cases, insurance companies encourage paying ransom. In some cases, they reimburse for ransom,” she said.





“Every ransom payment, while it might seem like potentially the best thing for a given company to do, it fuels the broader ecosystem,” she continued. “So the messaging that CISA does, the messaging we do from the White House, discouraging it, are big parts of that. As you know, we’ve explored various policy options for stronger steps. We’re not going to be pursuing those at this time.”





The senior administration official said the guidance to victims produced from this year’s meetings was another way of trying to tackle ransom payments. The guidance “basically aims to reduce disruption in costs, the number of ransoms paid and the size of the ransom paid,” the official said.





“And it was developed in partnership with the insurance industries because we thought it was really important to get their input.” the official said. Wednesday’s event ended “with a call to action for the remaining CRI members to sign on and get the insurance industries and their respective jurisdictions to sign on as well.”


The post What’s new from this year’s Counter Ransomware Initiative summit, and what’s next appeared first on CyberScoop.



Source: CyberScoop
Source Link: https://cyberscoop.com/counter-ransomware-initiative-summit-whats-next/


Comments
new comment
Nobody has commented yet. Will you be the first?
 
Forum
Ransomware



Copyright 2012 through 2024 - National Cyber Warfare Foundation - All rights reserved worldwide.