Is it really possible to stop Ransomware?

07 May 2021 Internet, IT & e-Discovery Blog Blog
Authors: Peter Vogel

Darkreading.com published a story about the “…Ransomware Task Force (RTF) this week published a report detailing recommendations to fight back against the operators and infrastructure that drive ransomware, which its team of experts describes as a "serious national security threat" and "public health and safety concern."”  The April 30, 2021 report entitled “Ransomware Task Force Publishes Framework to Fight Global Threat” included the comments about the 81 page RTF Report entitled “A Comprehensive Framework for Action: Key Recommendations from the Ransomware Task Force":

More than 60 people from software companies, security vendors, government agencies, nonprofits, and academic institutions teamed up with the Institute for Security and Technology (IST) to create the RTF, which launched last December.

Participants include Microsoft, McAfee, Rapid7, Amazon, Cisco, the Cyber Threat Alliance, the Global Cyber Alliance, US Department of Justice, Europol, and the UK's National Crime Agency, among many others.

The framework outlines 48 actions government and industry leaders can take to disrupt the ransomware business model and mitigate the impact of attacks.

While there have been many reports on the growing ransomware threat and widespread recommendations on how to fight it, many organizations struggle to adopt them.

The idea behind this framework is to create a more comprehensive, all-hands-on-deck approach to dismantling the ransomware threat.

Good advice and I’m hopeful the framework will help in the fight against Ransomware!

This blog is made available by Foley & Lardner LLP (“Foley” or “the Firm”) for informational purposes only. It is not meant to convey the Firm’s legal position on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this article do not necessarily reflect the views of Foley & Lardner LLP, its partners, or its clients. Accordingly, do not act upon this information without seeking counsel from a licensed attorney. This blog is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Communicating with Foley through this website by email, blog post, or otherwise, does not create an attorney-client relationship for any legal matter. Therefore, any communication or material you transmit to Foley through this blog, whether by email, blog post or any other manner, will not be treated as confidential or proprietary. The information on this blog is published “AS IS” and is not guaranteed to be complete, accurate, and or up-to-date. Foley makes no representations or warranties of any kind, express or implied, as to the operation or content of the site. Foley expressly disclaims all other guarantees, warranties, conditions and representations of any kind, either express or implied, whether arising under any statute, law, commercial use or otherwise, including implied warranties of merchantability, fitness for a particular purpose, title and non-infringement. In no event shall Foley or any of its partners, officers, employees, agents or affiliates be liable, directly or indirectly, under any theory of law (contract, tort, negligence or otherwise), to you or anyone else, for any claims, losses or damages, direct, indirect special, incidental, punitive or consequential, resulting from or occasioned by the creation, use of or reliance on this site (including information and other content) or any third party websites or the information, resources or material accessed through any such websites. In some jurisdictions, the contents of this blog may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome. Photographs are for dramatization purposes only and may include models. Likenesses do not necessarily imply current client, partnership or employee status.

Authors