Top US national security advisers will meet this month with representatives from 30 countries to discuss future cybercrime and ransomware threats.
US President Joe Biden announced on Friday that he would hold talks with international representatives, Reuters reported. Biden said the main goal of the online session, hosted by the White House National Security Council, would be to “increase cooperation between law enforcement agencies” on a variety of issues, including “illegal use of cryptocurrencies.”
The issue of cyber security is gaining prominence among senior Biden officials after multiple cyber attacks this year damaged the US energy and food supply systems.
The production process of meat processing company JBS was halted this year due to a cyber attack. The cyber attack stopped after the hackers paid কোটি 11 million. Reuters says the main culprit in the cyber attack was a group of criminals linked to Russia.
After JBS in the United States, the colonial pipeline came under cyber attack. Colonial pipeline authorities were forced to pay hackers ৫০ 5 million to regain control of their computer systems. The hackers involved in the incident are also believed to be from Eastern Europe.
Both companies have paid ransom through bitcoin.
Ransomware software encrypts or encrypts victim data. Hackers usually demand ransom through cryptocurrencies such as Bitcoin instead of the ‘key’ or key formula for retrieving or decrypting encrypted data.
According to Reuters, the Biden government hopes to form an informal group called the Counter-Ransomware Initiative. The US government wants to intensify direct diplomatic talks with Russia, NATO and G7 member states on the new delegation of international representatives.
Reuters says the Biden government is pushing to block China’s so-called “malicious cyber activities.” China has always denied the allegations.
It is unknown at this time what he will do after leaving the post.
Citing a White House official, Reuters said security officials and advisers were more interested in discussing “misuse of virtual currency for ransom” and “investigating and punishing ransomware attackers” on various government and non-government organizations.