
I urge you to follow the links and dig much deeper into key topics. Who’s right? Who should we listen to after 2020? Where are the “true thought leaders?” You will need to decide, but without a doubt, these lists can help. But no matter which words are used, all of these organizations seek to be seen as “thought leaders” and/or trend-setters for new, global cybersolutions and even crisis imperatives. More companies are renaming these reports away from the traditional “predictions” or “forecast.” White papers and reports are using words like “trends,” “findings,” “cyberissues,” “recommended solutions,” “actions required,” “themes” or other words that still point to their desire to describe what happened, what is coming next and what needs to be done now to prepare for 2021 and beyond.Ī few companies, like McAfee, decided to hold off and issue their prediction reports in January, so they are not included. Yes, we are seeing some new twists, as we do every year. Nevertheless, there are more companies participating, with more interest, more forecasts, and bolder statements about future cybersecurity directions and our coming online life after the pandemic recedes. Some cybersecurity findings that will impact next year require digging and Google searching. “No one country, no one group can solve this problem,” Sullivan said.In the past two months I have received a deluge of emails with interest from small, medium and large companies who want to get on board the prediction/forecast train now. national security adviser Jake Sullivan said during this week’s virtual summit.

Yet, ransomware remains a global problem, as U.S.
RANSOMWARE SUMMIT EYES TIGHTER GLOBAL SCRUTINY CRACK
To top this all off, there are also rumors the Biden administration is eyeing an executive order to crack down on the crypto industry. The State Department is even incorporating cryptocurrency payments-to the tune of $10 million-to dark web informants that can identify any person who is participating “in malicious cyber activities against U.S. In August, the Biden administration also dusted off the State Department’s Rewards for Justice program-an initiative from 1984 that has paid over $150 million to over 100 informants that helped prevent acts of terrorism.

The Biden administration also spent the summer setting up a bespoke ransomware task force, aimed at combating cyberattacks and tracing cryptocurrency ransoms.Īnne Neuberger, deputy national security adviser said during an accompanying briefing that the administration is working on ways to quell the use of Bitcoin and other cryptocurrencies for illegal activities. Department of Justice said it would elevate ransomware to a similar priority level as terrorism. In the United States, President Biden has made ransomware a priority for the administration’s approach to national security.Įarlier this summer-amid ransomware attacks against Colonial Pipeline and meat processing firm JBS-the U.S. National security, ransomware, and crypto Ransomware activities-and their associated ties to cryptocurrencies-have become a major focus for the Biden administration’s national security agenda.

“We also recognize the challenges some jurisdictions face in developing frameworks and investigative capabilities to address the constantly evolving and highly distributed business operations involving virtual assets,” the representatives added. Ransomware groups, they said, can easily transfer any stolen funds to jurisdictions that aren’t up to scratch on tracking illicit transactions. The representatives also said that internationally coordinated scrutiny of cryptocurrencies would be integral to facing the ransomware threat head-on. “We are dedicated to enhancing our efforts to disrupt the ransomware business model and associated money-laundering activities,” the representatives reportedly said in a collective statement yesterday. Representatives from the European Union (EU) and 31 other countries met during a virtual summit this week to coordinate a global response to ransomware, per the Wall Street Journal. The Biden administration has already taken several steps to crack down on ransomware and crypto.Representatives from the EU and 31 governments have called for a global approach to ransomware.
