The Ransomware Task Force: A New Approach to Fighting Ransomware

The Ransomware Task Force: A New Approach to Fighting Ransomware

In the past few months, we’ve seen ransomware attacks shut down healthcare across Ireland, fuel delivery across parts of the US, and meat processing across Australia, Canada and the US. We’ve seen demands of payments in the tens of millions of dollars. We’re also continuing to see trends around ransomware-as-a-service and double or triple extortion continuing to rise. It’s clear that ransomware attacks are increasing in frequency, breadth, sophistication, scale, and impact.

Recognizing this, the Institute for Security and Technology put together a comprehensive Ransomware Task Force (RTF) to identify new approaches to shift the dynamics of ransomware and reduce opportunities for attackers. The Ransomware Task Force involved more than 60 participants representing a wide range of expertise and experience, including from multiple governments, law enforcement, civil society and public policy nonprofits, and security advancement groups. From the private sector, organizations of all sizes participated, including many that have experienced ransomware attacks firsthand or that are involved in dealing with the fallout, such as cybersecurity companies, law firms, and cyber insurers. Rapid7 was among those that participated — I was one of the co-chairs, and my amazing colleagues, Bob Rudis, Tod Beardsley, and Scott King participated as well.

From the outset, the intent of the Task Force was to look at the issue holistically and come up with a comprehensive set of recommendations to deter and disrupt ransomware attackers, thereby he ..

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