Multi-Gov Task Force Plans to Take Down the Ransomware Economy

Ransomware has reached crisis levels across business sectors and across the globe, but a public-private Ransomware Task Force aims to stem the tide of attacks by disrupting the crooks’ business model.

The Institute for Security and Technology (IST) put together the coalition, which includes more than 60 members from software companies, government agencies, cybersecurity vendors, financial services companies, nonprofits and academic institutions. Big names associated with the project include the U.S. Department of Justice, Europol and the U.K.’s National Cybersecurity Centre (NCSC); along with Amazon, Cisco, FireEye and Microsoft, et al.

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Source: ThreatPost