RUSI joins the Public-Private Sector Advisory Panel of the Counter Ransomware Initiative
RUSI participated for the second time in the annual Counter Ransomware Initiative (CRI) summit Washington, DC.
At this year’s summit, RUSI became a formal member of the CRI Public-Private Sector Advisory Panel which brings together representatives from the private sector and civil society to support CRI activities. Under the leadership of the Canadian government, the panel aims to “catalyse effective information sharing, build trust through clear expectations and person to person collaboration, and develop best practices to navigate practical hurdles”.
Jamie MacColl of the RUSI Cyber research group joined representatives from over seventy member states and organisations, including the European Union and Interpol, in a panel on the role of public-private partnerships in combating ransomware.
During the summit, the UK Government, along with other countries and several international insurance bodies, endorsed guidance on ransom payments. This initiative originated in a RUSI research paper sponsored by the UK National Cyber Security Centre that recommended the UK Government develop shared best practice guidance on ransom payments to help victims make better decisions.
Commenting on RUSI’s contribution to the Counter Ransomware Initiative, Jamie MacColl, RUSI Research Fellow, said:
Ransomware is one the most intractable cyber policy challenges facing the UK and other countries. The CRI is a unique forum for countries – and now industry and civil society – to come together and develop responses to ransomware.
RUSI’s participation at the CRI forms part of RUSI’s wider research on ransomware, including: the impact of ransomware on individuals, organisations and society, the relationship between cyber insurance and ransomware, and the threat ransomware poses to developing countries.