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Task force calls for international action against ransomware
Thursday, April 29, 2021
A group of 60 experts including the RCMP’s National Cyber Crime Coordination Unit has issued a detailed plan for fighting ransomware, calling on the governments around the world to take action.
Ilia Kolochenko, CEO of Swiss-based Immuniweb, said the report is valuable and has bright ideas. However, he added that most of them are far too expensive from a practical viewpoint.
“Strong global collaboration to combat cybercrime is probably a utopia,” he said. “I’d rather suggest treating the root cause of ransomware: The widespread lack of basic cyber hygiene. Even the largest organizations from regulated industries often fail to follow the basics: maintain an up to date asset inventory, implement risk-based and threat-aware security controls, perform continuous security monitoring and anomaly detection, conduct ongoing security training and awareness, maintain software and patch management programs, and to enforce centralized identity management. Most organizations have no third-party risk management programs, lack Dark Web monitoring and incident detection and response (IDR) plan. Unless we can motivate and support targeted organizations to attain a basic level of cyber hygiene, ransomware will continue flourishing.” Read Full Article
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