The Biden Administration has announced Australia will head the international fight against ransomware cyberattacks as part of the U.S.-led Counter Ransomware Initiative.
The announcement, on Nov. 2, by the White House comes after the administration gathered 36 countries and the European Union (27 countries), for the Second International Counter Ransomware Initiative (CRI) Summit October 31-November 1, 2022
According to the White House, Australia will chair the International Counter Ransomware Task Force (ICRTF) to coordinate resilience, disruption, and counter illicit finance activities.
The ICRTF will also be used to develop cross-sectoral tools and cyber threat intelligence exchange to increase early warning capabilities and prevent attacks, as well as consolidate policy and best practice frameworks….