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The U.S. And Its Allies Are Pledging Never To Pay Hacker Ransoms

In Legal News, Malware Ransomware, News
October 31, 2023
The U.S. And Its Allies Are Pledging Never To Pay Hacker Ransoms
Image by jcomp on Freepik

Eric Geller reports:

The Biden administration and dozens of foreign allies will pledge this week never to pay ransoms to hackers who lock up their national governments’ computer systems, hoping to discourage financially motivated cyber criminals from seeing those systems as attractive ransomware targets.

The joint promise will occur as part of the third annual meeting of the International Counter-Ransomware Initiative, which includes 48 countries, the European Union and Interpol, the European police agency. Members are convening Wednesday and Thursday in Washington to approve new activities meant to make ransomware less profitable and therefore less prevalent.

Read more at The Messenger.