U.S. Names Ransomware Attacks a Similar Priority to Terrorism

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U.S. Names Attacks a Similar Priority to Terrorism

At the beginning of May, a U.S. pipeline company suffered a ransomware attack. The company halted operations for several days, causing a spike in gas prices and localized fuel shortages. It also decided to meet the threat actors’ demands of $5 million, an ask emblematic of the rising costs of ransomware.

The U.S. Department of Justice (DOJ) is taking action in the wake of that attack, among others. As reported by Reuters, DOJ investigators will now begin looking into ransomware attacks with the same level of priority as they do with terrorism.

Read on to learn how this decision might affect the DOJ’s investigations into ransomware going forward.

A ‘Specialized Process’

On June 3, 2021, Reuters reported internal guidance sent within the DOJ and among U.S. attorneys’ offices. A new task force in Washington will now be responsible for centrally coordinating information about ransomware investigations.

John Carlin, DOJ’s principal associate deputy attorney general, said the U.S. government will now tackle the ransomware threat more holistically.

“It’s a specialized process to ensure we track all ransomware cases regardless of where it

Read More: https://securityintelligence.com/news/united-states-names-ransomware-attacks-similar-priority-terrorism/