The The White House visiting officials from 37 countries and 13 global companies this week in Washington to address the threat of ransomware and other cybercrime, including the illegal use of cryptocurrency, a senior US official said.
The in-person group follows last year’s inaugural Informal Meeting of the Counter-Ransomware Initiative, adding seven more countries and bringing in a diverse group of private players for the first time.
The White House hopes the meeting will allow participating countries to “establish cyber standards that are recognized around the world to counter criminal threats and hold malicious actors accountable,” the official said.
The participants plan to issue a joint statement at the end of the meeting on Tuesday, including a pledge to increase efforts to pressure Russia and other countries that bring the port attackers to ransom, the official said.
One of the main topics of discussion will be how to disrupt such attacks, counter illegal cryptocurrency movements and build resilience against such attacks, the official said.
“So much less about Russia, more about making us tougher, more expensive, more dangerous in our nation’s constitutions.” price the actors are working,” said the official.
Ransomware attacks have grown sharply in recent years, with more than 4,000 attacks reported outside the United States in just 18 months, the official said, adding that there has also been progress in targeting attackers.
Pricing software works by encrypting victims’ data, with the hacker offering the victim a key for cryptocurrency payments that run up to millions.
Senior administration officials, including FBI Director Chris Wray, Deputy Secretary of the Treasury Wally AdeyemoWhite House national security adviser Jake Sullivan and the Deputy Secretary of State Marcus Sherman he will address the assembly.
Participating countries in addition to the United States are: Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Croatia, Czech Republic, Dominican Republic, Estonia, European Commission, France, Germany, India, Ireland, Israel, Italy, Japan, Kenya . Lithuania, Mexico, Netherlands, New Zealand, Nigeria, Norway, Poland, South Korea, Romania, Singapore, South Africa, Spain, Sweden, Switzerland, Ukraine, United States and United Kingdom.
Russia, Belarus and other countries are not believed to be participating in the attack on the port.
Participating companies include Crowdstrike, Mandiant, Cyber Threat Alliance; MicrosoftCybersecurity Coalition, Palo Alto, Flexxon, SAP, Institute for Security + Technology, Siemens, Internet 2.0, Tata – TCS, and Telefonica, the White House said.