U.S. President Joe Biden announced that the US will work with 30 countries to curb cybercrime and dismantle ransomware gangs that are targeting organizations worldwide.
“This month, the United States will bring together 30 countries to accelerate our cooperation in combatting cybercrime, improving law enforcement collaboration, stemming the illicit use of cryptocurrency, and engaging on these issues diplomatically,” announced President Biden.
The Biden Administration announced that it will work with representatives of 30 countries to accelerate the cooperation among states and international law enforcement agencies in fighting cyber criminal activities. Biden also announced a special effort in building a coalition of nations to advocate for and invest in trusted 5G technology and to secure its supply chains.
The coalition also aims at managing both the risks and opportunities associated with the adoption of emerging technologies like quantum computing and artificial intelligence.
The wave of ransomware attacks that hit US organizations in the first half of 2021 and that were carried out by Russian gangs like REvil and Darkside worried US authorities and was discussed by Presidents Biden and Putin during a phone call in July.
The ransomware attacks against Colonial Pipeline, JBS, and Kaseya are just the tip of the iceberg, Russian criminal gangs are targeting organizations worldwide causing billion of dollars of losses to the victims.
The US President called to action against Russian gangs and confirmed that his government is committed to protecting its critical infrastructure and private businesses from these criminals.
Biden met Putin in Geneve in June and discussed cyber threats and the dangers of criminal syndicates operating inside Russia. Biden pointed out that Russia has a responsibility to tamp down on cybercrime originating in its country.
Biden also warned Putin that the US would reserve the right to take action if Moscow will continue to be tolerant with ransomware gangs operating from within Russia.
President Biden shared with Putin a list of 16 untouchable US critical infrastructure sectors, every attack against them carried out by these Russian gangs will be not tolerated and will trigger a severe response of the US.
(SecurityAffairs – hacking, Biden administration)