Institute for Security and Technology Launches Multi-Sector Ransomware Task Force

The Institute for Security and Technology (IST) — in partnership with a broad coalition of experts in industry, government, law enforcement, nonprofits, cybersecurity insurance, and international organizations — has launched a new Ransomware Task Force (RTF).

The RTF’s founding members understand that ransomware is too large of a threat for any one entity to address and have come together to provide clear recommendations for both public and private action that will significantly reduce the threat.

The Institute for Security and Technology is a non-partisan, non-profit network, based in the San Francisco Bay area, that designs and promotes solutions to a variety of security threats.

The RTF will assess existing solutions at varying levels of the ransomware kill chain, identify gaps in solution application, and create a roadmap of concrete objectives and actionable milestones for high-level decision-makers. To contribute to the final roadmap, the RTF will commission expert papers and engage stakeholders across industries to coalesce around vetted solutions.

Founding partners include Aspen Digital, Citrix, The Cyber Threat Alliance, Cybereason, The CyberPeace Institute, The Cybersecurity Coalition, The Global Cyber Alliance, McAfee, Microsoft, Rapid7, Resilience, SecurityScorecard, Shadowserver Foundation, Stratigos Security, Team Cymru, Third Way, and the UT Austin Stauss Center.

The Ransomware Task Force website, including full membership and leadership roles, will be launched in January 2021.

Channel Impact^®
Ransomware incidents have been growing rapidly as hospitals, school districts, city governments, and others have found their networks held hostage by malicious actors seeking payouts. This group intends to synthesize a clear framework of actionable solutions.