Represented on the task force are the FBI and the Cybersecurity and Infrastructure Security Agency. Other agencies include the New York Department of Financial Services and the National Governors Association.
Call to Action
The group has 48 recommendations. “The focus is on five key areas. International cooperation, coordination of private and public sector; a whole of government approach including an interagency task force; establishing response and recovery support for victims and stronger oversight of the cryptocurrency industry used by criminals for payments,” the report details.
“We’re seeing critical parts of the economy being hit by ransomware, including, for example, health care in particular,” adds task force co-chair Megan Stifel, executive director of Americas at the Global Cyber Alliance. “When you start to see a broad scale of victims across multiple elements of the economy being hit there can ultimately, if not abated, be catastrophic consequences.”
The report calls on Biden’s White House to create an interagency group to collaborate with the private sector. And asks for the establishment of a private-industry-led ransomware incident sharing network.
