Security News > 2021 > April > Security expert coalition shares actions to disrupt ransomware

The Ransomware Task Force, a public-party coalition of more than 50 experts, has shared a framework of actions to disrupt the ransomware business model.
In a document released today, the Institute for Security and Technology provides a list of 48 actions that governments and leaders in the private sector can adopt to seriously curb the ransomware threat.
Coordinated international diplomatic and law enforcement efforts must proactively prioritize ransomware through a comprehensive, resourced strategy, including using a carrot-and-stick approach to direct nation-states away from providing safe havens to ransomware criminals.
In the U.S., this must include the establishment of 1) an Interagency Working Group led by the National Security Council in coordination with the nascent National Cyber Director; 2) an internal U.S. Government Joint Ransomware Task Force; and 3) a collaborative, private industry-led informal Ransomware Threat Focus Hub.
The changes should incentivize ransomware victims to share anonymously ransomware payment details.
"The strategic framework is organized around four primary goals: to deter ransomware attacks through a nationally and internationally coordinated, comprehensive strategy; to disrupt the business model and reduce criminal profits; to help organizations prepare for ransomware attacks; and to respond to ransomware attacks more effectively" - Ransomware Task Force.