Security News > 2023 > November > Success eludes the International Counter Ransomware Initiative

A swing and a miss by the 50 member countries of the International Counter Ransomware Initiative, headlined by the US, who have confirmed a commitment to collectively address ransomware.

The most powerful direction to address ransomware is little more than a feeble suggestion.

The CRI has recently trumpeted a collective plan to fight ransomware and outlined several pillars to combat these cyber-attacks.

Without regulations prohibiting payments following digital extortion, the ransomware threat will continue to accelerate, undoubtedly to the cheers of cybercriminals and aggressive nation-states across the globe.

The path of obstructing ransomware payments is not easy, but it is achievable, and it will deliver enormous longstanding benefits.

The ransomware threat can be systematically crushed in a highly economical and effective manner, but leadership is needed.

News URL

https://www.helpnetsecurity.com/2023/11/13/international-counter-ransomware-initiative-cri/