The Taiwan Times
  • News
    • Asia
    • World
    • Opinion
  • Politics
  • Business
  • Technology
  • Entertainment
  • Sports
  • Health
    • COVID-19
  • Local Guides
    • Northern Taiwan
      • Keelung
      • Taipei
      • New Taipei
      • Taoyuan
      • Hsinchu
      • Miaoli
    • Central Taiwan
      • Taichung
      • Changhua
      • Yunlin
      • Nantou
    • Southern Taiwan
      • Chiayi
      • Tainan
      • Kaohsiung
      • Pingtung
    • Eastern Taiwan
      • Yilan
      • Hualien
      • Taitung
    • Outlying Islands
      • Kinmen
      • Penghu
The Taiwan Times The Taiwan Times
  • News
    • Asia
    • World
    • Opinion
  • Politics
  • Business
  • Technology
  • Entertainment
  • Sports
  • Health
    • COVID-19
  • Local Guides
    • Northern Taiwan
      • Keelung
      • Taipei
      • New Taipei
      • Taoyuan
      • Hsinchu
      • Miaoli
    • Central Taiwan
      • Taichung
      • Changhua
      • Yunlin
      • Nantou
    • Southern Taiwan
      • Chiayi
      • Tainan
      • Kaohsiung
      • Pingtung
    • Eastern Taiwan
      • Yilan
      • Hualien
      • Taitung
    • Outlying Islands
      • Kinmen
      • Penghu
FOLLOW US
0
0
0
  • Business
  • News
  • Technology
  • World

Microsoft, McAfee Announce New ‘Ransomware’ Coalition

  • 2 minute read
Total
0
Shares
Share 0
Tweet 0
Pin it 0
Up next
Pentagon Looked To Qatar For Help In ‘Dealing With’ Al -Shabaab
    Published on 27 December 2020
    Author
    Amy Wu
    Tags
    • Business,
    • cybersecurity,
    • McAfee,
    • Microsoft,
    • online security,
    • ransomware,
    • security,
    • tech,
    • tech news,
    • technology
    Share article
    The post has been shared by 0 people.
    Facebook 0
    Twitter 0
    Pinterest 0
    Mail 0
    Bengaluru: A group made up of 19 security firms has announced plans to form a new coalition to deal with the rising threat of ransomware.
    Named the Ransomware Task Force (RTF), the new group will focus on assessing existing technical solutions that provide protections during a ransomware attack.

    The RTF will commission expert papers on the topic, engage stakeholders across industries, identify gaps in current solutions, and then work on a common roadmap to have issues addressed among all members.

    The end result should be a standardized framework for dealing with ransomware attacks across verticals, one based on an industry consensus rather than individual advice received from lone contractors.

    The 19 initial founding members reflect the RTF’s dedication to putting together a diverse team of experts:

    • Aspen Digital (policy maker group)
    • Citrix (networking equipment vendor)
    • The Cyber Threat Alliance (cybersecurity industry sharing group)
    • Cybereason (security firm)
    • The CyberPeace Institute (non-profit dedicated to help victims of cyberattacks)
    • The Cybersecurity Coalition (policy maker group)
    • The Global Cyber Alliance (non-profit dedicated to reducing cyber risk)
    • The Institute for Security and Technology (policy maker group)
    • McAfee (security firm)
    • Microsoft (security firm)
    • Rapid7 (security firm)
    • Resilience (cyberinsurance provider)
    • SecurityScorecard (compliance and risk management)
    • Shadowserver Foundation (non-profit security organization)
    • Stratigos Security (cybersecurity consulting)
    • Team Cymru (threat intelligence)
    • Third Way (think tank)
    • UT Austin Stauss Center (research group)
    • Venable LLP (law firm)

    Currently, ransomware is neither the most widespread form of malware nor the type of cyberattack that causes the largest financial losses to companies each year.

    That title goes to BEC scams, according to the FBI.

    “This crime transcends sectors and requires bringing all affected stakeholders to the table to synthesize a clear framework of actionable solutions, which is why IST and our coalition of partners are launching this Task Force for a two-to-three months sprint,” the Institute for Security and Technology said.

    This article first appeared in the NFA Post and is republished with permission.

    You May Also Like

    Fitness Club Shut Due To Coronavirus Fears

    despite a requirement (for) self-quarantine … club member chose to visit the Yawei fitness club
    • Mark Buckton
    • February 13, 2020
    • 1 minute read

    Taiwan to Impose Health Declaration Forms on All Visitors

    Those failing to accurately do so face a fine of up to NT$150,000
    • Mark Buckton
    • February 12, 2020
    • 1 minute read

    Despite Trade War, Taiwan Raises Economic Forecast For 2020

    The ongoing US-China trade war seems to be impacting everyone, except perhaps…
    • Guest Article
    • November 30, 2019
    • 2 minute read

    In Taiwan, Southeast Asians Find Roots In A Bookstore

    Humans often tend to create and sustain differences between each other. In…
    • Guest Article
    • November 29, 2019
    • 2 minute read
    Follow Us
    Facebook 0 Likes
    Twitter 0 Followers
    Instagram 0 Followers
    Categories
    Recent Posts
    • Modi talks to Trump over phone
      • News
      • World
      India’s Modi clarifies with Trump there was no US mediation in India-Pakistan ceasefire
      • Navneet
    • Trump exits G7 early amid Israel Iran tensions
      • News
      • World
      Trump exits G7 early amid escalating Iran-Israel crisis, warns Iranians to evacuate Tehran
      • Navneet
    • Trump administration travel ban
      • News
      • Travel
      Trump administration contemplates expanding travel ban to 36 more countries amid security concerns
      • Navneet
    • Iran strikes on Israel's Haifa
      • News
      • World
      Iran strikes Tel Aviv and Haifa as Israel-Iran tensions reach its fourth day
      • Navneet
    Search
    Advertisement
    Modi talks to Trump over phone

    India’s Modi clarifies with Trump there was no US mediation in India-Pakistan ceasefire

    Indian Prime Minister Narendra Modi has firmly refuted claims made by U.S.…
    • Navneet
    • 2 minute read
    Trump exits G7 early amid Israel Iran tensions

    Trump exits G7 early amid escalating Iran-Israel crisis, warns Iranians to evacuate Tehran

    U.S. President Donald Trump abruptly left the Group of Seven (G7) summit…
    • Navneet
    • 2 minute read
    Trump administration travel ban

    Trump administration contemplates expanding travel ban to 36 more countries amid security concerns

    The Trump administration is considering a dramatic expansion of its travel ban…
    • Navneet
    • 2 minute read
    Iran strikes on Israel's Haifa

    Iran strikes Tel Aviv and Haifa as Israel-Iran tensions reach its fourth day

    Tensions in the Middle East escalated dramatically on Monday as Iran launched…
    • Navneet
    • 2 minute read
    The Taiwan Times
    0
    0
    0
    • About Us
    • Contact Us
    • Meet The Team
    • Editorial Policy
    • Disclaimer
    • Privacy Policy
    • Support The Taiwan Times
    • Sitemap
    台灣國際報 The Taiwan Times
    Taiwan's Trusted Journal - We ♥ Taiwan
    Copyright © The Taiwan Times All Rights Reserved