Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

White House Invites Dozens of Nations for Ransomware Summit

The White House is bringing together three dozen nations, the European Union and a slew of private-sector companies for a two-day summit starting Monday that looks at how best to combat ransomware attacks.

The White House is bringing together three dozen nations, the European Union and a slew of private-sector companies for a two-day summit starting Monday that looks at how best to combat ransomware attacks.

The second International Counter Ransomware Summit will focus on priorities such as ensuring systems are more resilient to better withstand attacks and disrupt bad actors planning such assaults.

A senior Biden administration official cited recent attacks such as one that targeted the Los Angeles school district last month to underscore the urgency of the issue and the summit. The official previewed the event on the condition of anonymity.

Among the administration officials planning to participate in the event are FBI Director Christopher Wray, national security adviser Jake Sullivan, Deputy Treasury Secretary Wally Adeyemo and Deputy Secretary of State Wendy Sherman. President Joe Biden is not expected to attend.

Participating countries are Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Croatia, the Czech Republic, the Dominican Republic, Estonia, the European Commission, France, Germany, India, Ireland, Israel, Italy, Japan, Kenya, Lithuania, Mexico, the Netherlands, New Zealand, Nigeria, Norway, Poland, the Republic of Korea, Romania, Singapore, South Africa, Spain, Sweden, Switzerland, Ukraine, the United Arab Emirates, the United Kingdom and the United States.

Companies that will take part include Crowdstrike, Mandiant, Cyber Threat Alliance, Microsoft, Cybersecurity Coalition, Palo Alto, Flexxon, SAP, the Institute for Security + Technology, Siemens, Internet 2.0, Tata – TCS and Telefónica.

The previous summit took place virtually.

RelatedRansomware Targeted 14 of 16 U.S. Critical Infrastructure Sectors in 2021

Related: It Doesn’t Pay to Pay: Study Finds Eighty Percent of Ransomware Victims Attacked Again

Written By

Click to comment

Expert Insights

Related Content

Cybercrime

Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.

Cybercrime

The release of OpenAI’s ChatGPT in late 2022 has demonstrated the potential of AI for both good and bad.

Cybercrime

A new study by McAfee and the Center for Strategic and International Studies (CSIS) named a staggering figure as the true annual cost of...

Cybercrime

The FBI dismantled the network of the prolific Hive ransomware gang and seized infrastructure in Los Angeles that was used for the operation.

Malware & Threats

Microsoft plans to improve the protection of Office users by blocking XLL add-ins from the internet.

Cybercrime

Video games developer Riot Games says source code was stolen from its development environment in a ransomware attack

Ransomware

The Hive ransomware website has been seized as part of an operation that involved law enforcement in 10 countries.

Cybercrime

Artificial intelligence is competing in another endeavor once limited to humans — creating propaganda and disinformation.