Home News Ransomware Task Force (RTF) Releases Comprehensive Framework to Combat Ransomware; BlueVoyant Participates in Three-Month, Public-Private Sprint with Interdisciplinary Group of Domain Experts to Inform Critical Cyber Security Recommendations Ransomware Task Force (RTF) Releases Comprehensive Framework to Combat Ransomware; BlueVoyant Participates in Three-Month, Public-Private Sprint with Interdisciplinary Group of Domain Experts to Inform Critical Cyber Security Recommendations April 28, 2021 48 Actionable Solutions Developed to Help Industry and Government Reverse the Trajectory of Ransomware Attacks New York, N.Y. – April 29, 2021: The Ransomware Task Force (RTF), a broad coalition of more than 60 experts in industry, government, law enforcement, civil society, and international organizations including BlueVoyant, today released a comprehensive framework to combat ransomware: “Combating Ransomware: A Comprehensive Framework for Action.” The RTF was formed in January of 2019 by the Institute for Security and Technology (IST). Representatives from BlueVoyant collaborated with this coalition of partners to lend their expertise toward creating a framework of standardized guidance and actionable solutions to mitigate the growing and dangerous ransomware threat across all vertical markets. “The cost of ransom paid by organizations has nearly doubled in the past year, and is creating new risks, many that go far beyond monetary damage,” said Philip Reiner, the CEO of IST and the Executive Director of the RTF. “In the past 12 months alone, we’ve seen ransomware attacks delay lifesaving medical treatment, destabilize critical infrastructure, and threaten our national security. We felt an urgent need to bring together world-class experts across all of the relevant sectors to break down silos and create a framework that government and industry can pursue to disrupt the ransomware business model, mitigate the impact of these attacks, and ensure the continued faith of the general public in its institutions.” “BlueVoyant collaborated with this coalition of RTF partners to lend their expertise toward creating a framework of standardized guidance and actionable solutions to mitigate the growing and dangerous ransomware threat across all vertical markets.” The RTF recognizes ransomware as an international crime that continues to affect both the public and private sectors. Therefore, all solutions must apply both internationally and to a broad spectrum of verticals affected by ransomware. For this reason, the RTF was proactively convened, and by intent, included representatives across disparate sectors, large and small, public and private, including healthcare, financial, cyber security, technology, government, law enforcement and civil society. The expertise represented by these sectors allowed the RTF to develop multifaceted solutions and build a comprehensive strategy for stemming the tide of ransomware. The framework consists of four goals: Deter ransomware attacks through a nationally and internationally coordinated, prioritized, and resourced, comprehensive strategy Disrupt the ransomware business model and decrease criminal profits To help organizations better prepare for ransomware attacks To help organizations respond to ransomware attacks more effectively The 48 actions outlined provide guidance for addressing the complexities of the ransomware epidemic, from the role of cyber insurance and cryptocurrency to safe havens for threat actors. The framework developed is not intended for piecemeal action. Effective implementation will require the coordinated effort of many stakeholders to meet these four critical goals, which each fill a gap in the current approach to ransomware mitigation. “The risks of ongoing ransomware attacks across all verticals – and the resulting crippling reputational and financial consequences – keep cyber security professionals up at night. These risks, coupled with unknown or unaddressed vulnerabilities in their network and supply chain ecosystem, only confirm the severity of the threat,” said Austin Berglas, Global Head of Professional Services and RTF Representative for BlueVoyant. “The time for concerted and coordinated action is now. BlueVoyant is honored to be an RTF coalition member and to have played a valuable role in the development of this groundbreaking framework designed to help organizations to better prepare for, respond to, and mitigate the ongoing and pervasive ransomware threat.” To read the RTF report:http://securityandtechnology.org/ransomwaretaskforce/report To learn more about the Ransomware Task Force:https://securityandtechnology.org/ransomwaretaskforce/ Media Contacts For all media inquiries and further information on BlueVoyant’s involvement in the RTF, contact: Danielle OstrovskyC8 Consulting (USA)T: 001 410-302-9459E: [email protected] Jim PopleC8 Consulting (EMEA)T: +44 7955 030191E: [email protected] Share: Facebook Twitter LinkedIn Related reading Ransomware Why Are the Consequences of Ransomware Attacks Rarely Fully Understood? May 24, 2022 According to BlueVoyant’s ransomware research, unsuspecting victims suffer the consequences, such as layoffs, medical treatment delays, travel… Read more Webinar Protecting the Grid: The Evolving Threat Landscape and Proactive Defense in the Energy Sector May 23, 2022 Join us on June 16 as we discuss the energy grid landscape and how the industry can address risk with a proactive approach. Register now Webinar Securing the UK’s National Health Service May 23, 2022 Join this BlueVoyant and Microsoft webinar on June 29 to discover how you can create a robust and economical cyber defense environment. Register now
April 28, 2021 48 Actionable Solutions Developed to Help Industry and Government Reverse the Trajectory of Ransomware Attacks New York, N.Y. – April 29, 2021: The Ransomware Task Force (RTF), a broad coalition of more than 60 experts in industry, government, law enforcement, civil society, and international organizations including BlueVoyant, today released a comprehensive framework to combat ransomware: “Combating Ransomware: A Comprehensive Framework for Action.” The RTF was formed in January of 2019 by the Institute for Security and Technology (IST). Representatives from BlueVoyant collaborated with this coalition of partners to lend their expertise toward creating a framework of standardized guidance and actionable solutions to mitigate the growing and dangerous ransomware threat across all vertical markets. “The cost of ransom paid by organizations has nearly doubled in the past year, and is creating new risks, many that go far beyond monetary damage,” said Philip Reiner, the CEO of IST and the Executive Director of the RTF. “In the past 12 months alone, we’ve seen ransomware attacks delay lifesaving medical treatment, destabilize critical infrastructure, and threaten our national security. We felt an urgent need to bring together world-class experts across all of the relevant sectors to break down silos and create a framework that government and industry can pursue to disrupt the ransomware business model, mitigate the impact of these attacks, and ensure the continued faith of the general public in its institutions.” “BlueVoyant collaborated with this coalition of RTF partners to lend their expertise toward creating a framework of standardized guidance and actionable solutions to mitigate the growing and dangerous ransomware threat across all vertical markets.” The RTF recognizes ransomware as an international crime that continues to affect both the public and private sectors. Therefore, all solutions must apply both internationally and to a broad spectrum of verticals affected by ransomware. For this reason, the RTF was proactively convened, and by intent, included representatives across disparate sectors, large and small, public and private, including healthcare, financial, cyber security, technology, government, law enforcement and civil society. The expertise represented by these sectors allowed the RTF to develop multifaceted solutions and build a comprehensive strategy for stemming the tide of ransomware. The framework consists of four goals: Deter ransomware attacks through a nationally and internationally coordinated, prioritized, and resourced, comprehensive strategy Disrupt the ransomware business model and decrease criminal profits To help organizations better prepare for ransomware attacks To help organizations respond to ransomware attacks more effectively The 48 actions outlined provide guidance for addressing the complexities of the ransomware epidemic, from the role of cyber insurance and cryptocurrency to safe havens for threat actors. The framework developed is not intended for piecemeal action. Effective implementation will require the coordinated effort of many stakeholders to meet these four critical goals, which each fill a gap in the current approach to ransomware mitigation. “The risks of ongoing ransomware attacks across all verticals – and the resulting crippling reputational and financial consequences – keep cyber security professionals up at night. These risks, coupled with unknown or unaddressed vulnerabilities in their network and supply chain ecosystem, only confirm the severity of the threat,” said Austin Berglas, Global Head of Professional Services and RTF Representative for BlueVoyant. “The time for concerted and coordinated action is now. BlueVoyant is honored to be an RTF coalition member and to have played a valuable role in the development of this groundbreaking framework designed to help organizations to better prepare for, respond to, and mitigate the ongoing and pervasive ransomware threat.” To read the RTF report:http://securityandtechnology.org/ransomwaretaskforce/report To learn more about the Ransomware Task Force:https://securityandtechnology.org/ransomwaretaskforce/ Media Contacts For all media inquiries and further information on BlueVoyant’s involvement in the RTF, contact: Danielle OstrovskyC8 Consulting (USA)T: 001 410-302-9459E: [email protected] Jim PopleC8 Consulting (EMEA)T: +44 7955 030191E: [email protected] Share: Facebook Twitter LinkedIn Related reading Ransomware Why Are the Consequences of Ransomware Attacks Rarely Fully Understood? May 24, 2022 According to BlueVoyant’s ransomware research, unsuspecting victims suffer the consequences, such as layoffs, medical treatment delays, travel… Read more Webinar Protecting the Grid: The Evolving Threat Landscape and Proactive Defense in the Energy Sector May 23, 2022 Join us on June 16 as we discuss the energy grid landscape and how the industry can address risk with a proactive approach. Register now Webinar Securing the UK’s National Health Service May 23, 2022 Join this BlueVoyant and Microsoft webinar on June 29 to discover how you can create a robust and economical cyber defense environment. Register now
Ransomware Why Are the Consequences of Ransomware Attacks Rarely Fully Understood? May 24, 2022 According to BlueVoyant’s ransomware research, unsuspecting victims suffer the consequences, such as layoffs, medical treatment delays, travel… Read more
Webinar Protecting the Grid: The Evolving Threat Landscape and Proactive Defense in the Energy Sector May 23, 2022 Join us on June 16 as we discuss the energy grid landscape and how the industry can address risk with a proactive approach. Register now
Webinar Securing the UK’s National Health Service May 23, 2022 Join this BlueVoyant and Microsoft webinar on June 29 to discover how you can create a robust and economical cyber defense environment. Register now
