Security News > 2023 > October > Dozens of countries will pledge to stop paying ransomware gangs
"Ransomware is an issue that knows no borders. And as long as there's money flowing to ransomware criminals the problem will continue to grow," Neuberger told reporters on Monday.
Data from NCC Group revealed a total of 514 ransomware attacks in September, surpassing March 2023's record of 459 incidents after a wave of Clop's Fortra GoAnywhere data theft attacks.
Geographically, North America experienced most of these attacks at 50%, followed by Europe at 30%, and Asia ranked third with 9%. During the last two years, multiple governments were severely affected after ransomware attacks hit critical infrastructure and government entities, including Montenegro, Chile, and Bermuda, with Costa Rica forced to declare a national emergency after the May 2022 Conti ransomware attacks.
The White House National Security Council facilitated the first Counter-Ransomware Initiative summit in October 2021, when 31 countries vowed to increase efforts toward disrupting ransomware groups' abuse of cryptocurrency after ransomware payments reached almost $500 million in just two years.
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