“We need to rethink … and really assess are we using the most effective strategies,” said Deputy Attorney General Lisa Monaco during the Munich Cyber Security Conference.
The 120-day review will focus on cryptocurrencies used by threat actors to demand as ransom from victims and “blended threat of nation-states and criminal enterprises, sometimes working together, to exploit our own infrastructure against us,” Monaco added.
The Justice Department also established a ransomware task force in April. This will identify how foreign governments and criminals are associated.
“We have got to get innovative and aggressive and we have to work collaboratively and cooperatively with our partners and with the private sector if we are going to keep pace with what the malicious actors are doing,” Monaco stated.