Taking Down the Ransomware Threat: New Research, Stronger Policy

Ransomware is an escalating threat to global cyber security and the national security of several countries. Just one week ago, the fourth annual summit of the multinational Counter Ransomware Initiative (CRI) issued a statement on recent measures and results. In response, a select panel of policy specialists will review progress made at the summit in a webinar hosted by the Social Cyber Institute, based in Australia. The speakers will discuss strengths and shortcomings of this diplomatic effort. Closing down payment of ransoms by the victims of such attacks is one measure that is beginning to have some effect in a few countries, but it is far from the whole picture.  The trends in these attacks and their consequences are not looking good. With cybercriminals becoming more sophisticated, it’s clear that a comprehensive, proactive approach is needed to strengthen defences across sectors. For example, leading law enforcement agencies, such as the…