US offers US$10mil rewards to stop foreign ransomware attacks


The State Department said it would pay US$10mil (RM42.02mil) to anyone who can identify or locate a person who attacks US critical infrastructure online ‘while acting at the direction or under the control of a foreign government’. — Technology photo created by rawpixel.com - www.freepik.com

WASHINGTON: The United States on July 15 offered US$10mil (RM42.02mil) rewards for information on online extortionists abroad as it stepped up efforts to halt a sharp rise in ransomware attacks, which US officials say often originate in Russia.

The State Department said it would pay US$10mil (RM42.02mil) to anyone who can identify or locate a person who attacks US critical infrastructure online “while acting at the direction or under the control of a foreign government”.

As part of a concerted push, the federal government also unveiled a website, StopRansomware.gov, that offers guidelines to businesses, groups and individuals both on how to protect themselves and how to respond to attacks.

The Justice Department is “working to bring all our tools to bear against these threats”, Attorney General Merrick Garland said.

“But we cannot do it alone. It is critical for business leaders across industries to recognise the threat, prioritise efforts to harden their systems and work with law enforcement by reporting these attacks promptly.”

This year has seen a slew of prominent ransomware attacks which have disrupted a major US pipeline, a meat processor and the software firm Kaseya, which affected 1,500 businesses, many of them far from the limelight.

Some US$350mil (RM1.47bil) was paid to malicious cyber actors last year, a spike of 300% from 2019, according to the Department of Homeland Security.

US officials say that many of the attacks originate in Russia although they have debated to what extent there is state involvement. Russia denies responsibility.

US President Joe Biden raised ransomware forcefully in a summit last month with his Russian counterpart Vladimir Putin and more recently in a phone call, threatening to take action directly if Moscow does not curb cyber crime. – AFP

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read