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Will the Public and Private Cybersecurity Sector Join Forces Against Ransomware?

April 28, 2021


How much will it cost before the public and private sector work together to stop ransomware attacks? Is $50 million the breaking point, as in the recent REvil ransom demand from Apple? Or will ransomware cost human lives, like it did at a German hospital, before law enforcement and cybersecurity practitioners will join forces?

Last week news broke that the U.S. Department of Justice formed a ransomware task force. In December, several private-sector security companies announced their own Ransomware Task Force, and tomorrow the group will unveil its recommendations to combat this threat.