{"id":54380,"date":"2023-10-31T12:55:44","date_gmt":"2023-10-31T12:55:44","guid":{"rendered":"https:\/\/packetstormsecurity.com\/news\/view\/35184\/Alliance-Of-40-Countries-To-Vow-Not-To-Pay-Ransom-To-Cybercriminals-US-Says.html"},"modified":"2023-10-31T12:55:44","modified_gmt":"2023-10-31T12:55:44","slug":"alliance-of-40-countries-to-vow-not-to-pay-ransom-to-cybercriminals-us-says","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/alliance-of-40-countries-to-vow-not-to-pay-ransom-to-cybercriminals-us-says\/","title":{"rendered":"Alliance Of 40 Countries To Vow Not To Pay Ransom To Cybercriminals, US Says"},"content":{"rendered":"<div data-testid=\"primary-image\" role=\"figure\" aria-describedby=\"primary-image-caption\" readability=\"30.966542750929\">\n<figure class=\"primary-image__container__3_KhI\" readability=\"7.2862453531599\">\n<div data-testid=\"Image\" class=\"primary-image__image__1zwAE\">\n<div class=\"styles__image-container__skIG1 styles__fill__3xCr1 styles__center_center__1AaPV styles__apply-ratio__1_FYQ\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/EAU3UDRRXFKPXB6ACBD5LPOBRQ.jpg\" srcset=\"https:\/\/www.reuters.com\/resizer\/QVn6gvsqaJoMaDskGyhcyznAnFY=\/480x0\/filters:quality(80)\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/EAU3UDRRXFKPXB6ACBD5LPOBRQ.jpg 480w, https:\/\/www.reuters.com\/resizer\/1MaBpKMCIGWXnjTAEmLHV9k80NU=\/960x0\/filters:quality(80)\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/EAU3UDRRXFKPXB6ACBD5LPOBRQ.jpg 960w, https:\/\/www.reuters.com\/resizer\/_4JMndHv_OFuinNxGFdHSL7jQFw=\/1080x0\/filters:quality(80)\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/EAU3UDRRXFKPXB6ACBD5LPOBRQ.jpg 1080w, https:\/\/www.reuters.com\/resizer\/A6FAeX9wxbzYd6e_WruJCyH1O-0=\/1200x0\/filters:quality(80)\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/EAU3UDRRXFKPXB6ACBD5LPOBRQ.jpg 1200w\" sizes=\"auto, (min-width: 1024px) 560px, (min-width: 1440px) 700px, 100vw\" width=\"4465\" height=\"3038\" alt=\"White House Deputy National Security Advisor Neuberger addresses cyber security during the daily press briefing at the White House in Washington\"><\/div>\n<\/div>\n<p data-testid=\"Body\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__ultra_small__37j9j body__full_width__ekUdw body__ultra_small_body__1lUQl primary-image__caption__3Ayt0\"><span>White House Deputy National Security Advisor for Cyber and Emerging Technology, Anne Neuberger, addresses cyber security during the daily press briefing at the White House in Washington, U.S. September 2, 2021. REUTERS\/Jonathan Ernst\/File Photo <a data-testid=\"Link\" href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__underline_default__2prE_ collapsible-caption__license__Nbbf3\" rel=\"noopener\"> Acquire Licensing Rights<svg class=\"collapsible-caption__symbol__eZoN7\" fill=\"#666\" width=\"0\" height=\"0\" viewBox=\"0 0 32 32\" aria-hidden=\"true\"><path d=\"M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z\" \/><\/svg><\/a><\/span><\/p>\n<\/figure>\n<\/div>\n<div readability=\"77.064814814815\">\n<p data-testid=\"paragraph-0\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">SAN FRANCISCO, Oct 31 (Reuters) &#8211; Forty countries in a U.S.-led alliance plan to sign a pledge never to pay ransom to cybercriminals and to work toward eliminating the hackers&#8217; funding mechanism, a senior White House official said on Tuesday.<\/p>\n<p data-testid=\"paragraph-1\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">The International Counter Ransomware Initiative comes as the number of ransomware attacks grows worldwide. The United States is by far the worst hit, with 46% of such attacks, Anne Neuberger, U.S. deputy national security adviser in the Biden administration for cyber and emerging technologies, told reporters on a virtual briefing.<\/p>\n<p data-testid=\"paragraph-2\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">&#8220;As long as there is money flowing to ransomware criminals, this is a problem that will continue to grow,&#8221; she said.<\/p>\n<p data-testid=\"paragraph-3\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">In ransomware attacks, hackers encrypt an organization&#8217;s systems and demand ransom payments in exchange for unlocking them. Often they also steal sensitive data and use it to extort victims and leak it online if the payments are not made.<\/p>\n<p data-testid=\"paragraph-4\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">While hundreds of companies fall victim every year, high-profile U.S. attacks occurred in the last two months at casino operator MGM Resorts International <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/companies\/MGM.N\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__underline_default__2prE_\" rel=\"noopener\">(MGM.N)<\/a> and cleaning products maker Clorox <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/companies\/CLX.N\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__underline_default__2prE_\" rel=\"noopener\">(CLX.N)<\/a>. Both companies have not yet fully recovered from the disruptions.<\/p>\n<p data-testid=\"paragraph-5\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">The new initiatives by the alliance aim to eliminate the criminals&#8217; funding through better information sharing about ransom payment accounts, Neuberger said. Two information-sharing platforms will be created, one by Lithuania and another jointly by Israel and the UAE.<\/p>\n<p data-testid=\"paragraph-6\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\"><a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/technology\/white-house-share-ransomware-data-with-allies-source-2023-10-30\/\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__underline_default__2prE_\">Reuters reported<\/a> details of this initiative on Monday.<\/p>\n<p data-testid=\"paragraph-7\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">Partner countries will share a &#8220;black list&#8221; through the U.S. Department of Treasury that will include information on digital wallets being used to move ransomware payments, Neuberger said.<\/p>\n<p data-testid=\"paragraph-8\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">She added that the effort will use artificial intelligence to analyze blockchain with a view to identifying illicit funds.<\/p>\n<p data-testid=\"paragraph-9\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\">The volume of crypto payments to ransomware attackers is on track for its second-biggest annual total on record, blockchain analytics firm <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/technology\/crypto-ransom-attacks-rise-first-half-2023-chainalysis-2023-07-12\/\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__underline_default__2prE_\">Chainalysis said in July<\/a>.<\/p>\n<div class=\"article-body__element__2p5pI\" readability=\"32\">\n<p data-testid=\"Body\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__extra_small__1Mw6v body__full_width__ekUdw body__extra_small_body__3QTYe sign-off__text__PU3Aj\">Reporting by Zeba Siddiqui in San Francisco; Editing by Cynthia Osterman<\/p>\n<\/div>\n<p data-testid=\"Body\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__base__22dCE body__small_body__2vQyf article-body__element__2p5pI\">Our Standards: <a data-testid=\"Link\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__small__1kGq2 link__underline_default__2prE_\" rel=\"noopener\">The Thomson Reuters Trust Principles.<\/a><\/p>\n<div class=\"article-body__row__dFOPA article-body__element__2p5pI\"><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" class=\"button__link__uTGln button__secondary__18moI button__round__1nYLA\" data-testid=\"Button\" rel=\"noopener\"><span class=\"button__container__3sgvk license-content-button__button__3okgd\"><span data-testid=\"Text\" class=\"text__text__1FZLe text__inherit-color__3208F text__regular__2N1Xr text__body_fixed__1I7Al license-content-button__text__3XBrA\"> Acquire Licensing Rights<\/span><svg fill=\"#666\" width=\"18\" height=\"18\" viewBox=\"0 0 32 32\" aria-hidden=\"true\"><path d=\"M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z\" \/><\/svg><span>, opens new tab<\/span><\/span><\/a><\/div>\n<\/div>\n<p>READ MORE <a href=\"https:\/\/packetstormsecurity.com\/news\/view\/35184\/Alliance-Of-40-Countries-To-Vow-Not-To-Pay-Ransom-To-Cybercriminals-US-Says.html\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>READ MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":54381,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[277],"tags":[6892],"class_list":["post-54380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity-blogs","tag-headlinehackergovernmentmalwareusacybercrimefraudcryptography"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 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