Summary: Forty countries have agreed to never pay digital extortionists, recognizing the impact of ransomware on national security and economies. This pledge aims to force organizations to adopt industry best practices and find high-quality backup solutions. Attendee nations at a White House meeting also pledged to disrupt the mechanisms by which threat actors receive payment, including better information-sharing platforms and AI analysis of blockchain payment flows.

Hashtags: #cybercrime #ransomware #nationalsecurity #economy #industrybestpractices #backup #informationsharing #blockchainanalysis

https://www.infosecurity-magazine.com/news/forty-countries-not-pay-cybercrime/