Cybersecurity
US Warns Ransomware Attacks Are Outpacing Ability to Stop Them
- White House official warns of increasing pace, sophistication
- Major firms like Mandiant, Microsoft to join US-hosted summit
This article is for subscribers only.
The pace and sophistication of ransomware attacks is increasing faster than the US’s ability keep up with efforts to disrupt and recover from them, a senior Biden administration official said Sunday.
In the face of continued attacks against governments and the private sector, the US is hosting the International Counter Ransomware Summit that begins Monday. The summit brings together nearly three dozen countries to tackle the pernicious rise of one of the most challenging cybersecurity threats, which can paralyze hospitals and shut down major gas pipelines.