White House Holds Global Meeting on Ransom and Cryptocurrency: Turkey Is Not Included

Representatives from 30 countries and the European Union are meeting under the leadership of the United States to combat cyberattacks and the use of cryptocurrencies for ransom.

Anti-Ransom Initiative; will meet today and Thursday to discuss what measures can be taken at the national level against cyber attacks, how to tackle the use of crypto money for ransom laundering, and how diplomacy is used to combat ransomware attacks.

The initiative established under the leadership of the White House, in addition to the European Union, Germany, Australia, United Arab Emirates, United Kingdom, Brazil, Bulgaria, Dominican Republic, Estonia, France, Republic of South Africa, South Korea, India, Netherlands, Ireland, Israel, Representatives from Sweden, Switzerland, Italy, Japan, Canada, Kenya, Lithuania, Mexico, Nigeria, Poland, Romania, Singapore, Ukraine, New Zealand and the Czech Republic will take part.

A White House spokesperson who spoke about the two-day event and requested anonymity; Noting that the laws on virtual currencies are not as common as in fiat currencies, “working with their international partners” told.

Cybersecurity firm Emsisoft has predicted that the number of ransomware attacks around the world will increase in 2020. $74.6 billion estimated to cause financial loss.

From companies like Colonial Pipeline in the US with cryptocurrency Intensifying its fight against illegal use of cryptocurrencies after the ransom was taken, the Biden administration has recently launched a cryptocurrency exchange for its role in such attacks. sanctions list had added.

The struggle of the USA against Russia and China-based cyber attacks, “more comprehensive than ever before” A White House spokesman, who said he was supported in a way Regarding the absence of Russia as he said:

“USA with Russia on ransomware directly communicating. We expect the Russian government to address the illegal ransomware use from perpetrators in Russia. We have seen that the Russian government has taken some steps in this direction and we expect this to continue.”


Image: Tabrez Syed, Unsplash (image modified by Koin Bulletin)

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