Circling the wagons
The US, the EU and 30 countries have agreed to work together to fight ransomware, which they described as “an escalating global security threat with serious economic and security consequences.” The statement came at the end of a two-day virtual meeting convened by the Biden administration. It committed the participants to work to improve "network resilience" to mitigate the impact of attacks, and to make it harder to abuse financial mechanisms to launder ransom payments." International cooperation is obviously essential in any substantive fight against ransomware, but Russia and China were among notable absentees - because they weren't invited. Without their involvement, it's hard to see how any initiative can be effective.
As if to emphasise the point, the head of the UK's National Cyber Security Centre told a conference this week that ransomware “presents the most immediate danger" to the country. “Cyber criminals based in Russia and neighbouring countries are responsible for most of the devastating ransomware attacks against UK targets,” Lindy Cameron told the Cyber 2021 conference in London. She also pointed out that many - if not most - high profile incidents can be prevented by taking basic precautions. It's true that it's hard, if not impossible, to prevent an attack by a determined nation state, but most ransomware gangs exploit fundamental security failings that are relatively simple to fix. We suggest beginning with the UK's basic Cyber Essentials certification.
The basics were also at the heart of a warning from the US government about "ongoing threats" to the country's water and wastewater systems which it said had been breached multiple times over the last two years in ransomware attacks. A joint advisory says the attacks threaten the ability to provide potable water and process wastewater, and points to a series of incidents including an attempt to poison a water supply in Kansas. The advisory urges facilities to take basic precautions including; not clicking on suspicious links; securing and monitoring Remote Desktop Protocol; updating software; implementing strong passwords and multi-factor authentication.