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More than 30 countries pledge stepped-up efforts against ransomware

( October 14, 2021, 16:00 GMT | Official Statement) -- MLex Summary: A joint statement from more than 30 countries convened by the US in a bid to counter ransomware pledged to coordinate diplomatic actions against states "whenever they do not address the activities of cybercriminals" operating on their soil. A statement from the two-day virtual Counter Ransomware Initiative meeting also acknowledged that uneven global implementation of Financial Action Task Force standards regarding virtual assets "creates an environment permissive to jurisdictional arbitrage by malicious actors" seeking to avoid anti-money laundering measures. The countries vowed to enhance the capacity of national authorities to take action....

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