BREAKING NEWS

In call, Biden presses Putin to act on ransomware attacks

US President Joe Biden on Friday pressed Russian President Vladimir Putin to act against groups conducting ransomware attacks from Russia, the White House said.
"President Biden underscored the need for Russia to take action to disrupt ransomware groups operating in Russia and emphasized that he is committed to continued engagement on the broader threat posed by ransomware," the White House said in a statement on the call between the two leaders.
White House spokeswoman Jen Psaki said that Biden told Putin that, even if actors were not directed by the Russian government, "you still have a responsibility."
Ransomware - a breed of malicious software which hackers use to hold data hostage in exchange for payment - has become an increasingly powerful scourge for businesses across the world. Cybercriminals have used it to paralyze thousands of American organizations, setting off a series of increasingly high-profile crises.
In May cybercriminals froze the operations of critical fuel transport group Colonial Pipeline, setting off gasoline shortages, price spikes and panic buying across the East Coast. The following month a different group struck meatpacker JBS, briefly disrupting its food supply chain. Last week hackers set off a mass ransomware outbreak centered on Florida IT firm Kaseya.
Many of the gangs carrying out the ransomware attacks are alleged by American officials and cybersecurity researchers to be operating out of Russia with the awareness, if not the approval, of the government there.