As evidenced by the recent Colonial Pipeline attack, ransomware attacks are on the rise, which is why the Chamber wants the administration to take a more proactive stance when it comes to thwarting and responding to these threats.
“It is time for the U.S. government to act decisively against these criminal cyber attackers and stop them from operating with impunity. It is time for our government to utilize its full range of capabilities—including criminal and cyber—to take the fight to these cyber gangs,” said Christopher Roberti, the Chamber's senior vice president for cyber, intelligence and supply chain security policy.
The Chamber presented six steps that could help businesses defend and recover from cyberattacks. These are the following: disrupting international ransomware payment systems; establishing an international coalition to fight against ransomware; improving international law enforcement resources; creating a Cyber Response and Recovery Fund for cybercrime victims; and enhancing malware detection, information sharing, sandboxing and analysis capabilities.