INTERPOL – Immediate action required to avoid Ransomware pandemic

LYON, France – INTERPOL Secretary General Jürgen Stock has called for police agencies worldwide to form a global coalition with industry partners to prevent a potential ransomware pandemic.

Speaking at the INTERPOL High-Level Forum on Ransomware (12 July), Secretary General Stock said that while some solutions existed nationally or bi-laterally, effectively preventing and disrupting ransomware meant adopting the same international collaboration used to fight terrorism, human trafficking or mafia groups such as the ‘Ndrangheta.

The call to scale up collaboration against ransomware was made in the face of its exponential growth in the wider cybercrime ecosystem, with criminals shifting their business model towards providing Ransomware-as-a-Service.

Read more…