The U.S. Steps Up Pressure on Ransomware Gangs But Russia Isn’t Responding: What Does that Mean for You?

It has been six months since a ransomware attack against the Colonial Pipeline caused widespread gasoline shortages in the Southeastern United States putting ransomware attacks near the top of the U.S. cyber agenda. Since then the United States has demanded Russia step in and reduce attacks being carried out by Russian ransomware gangs. There has been little sign Russia is willing to do so. Instead the United States has resorted to an aggressive campaign against the groups themselves.

RANE analysts and experts break down why Russia appears unwilling to step in and what the U.S. campaign means for companies. In this RANE Advisory report, Kyle Ryan, Cyber Intelligence Analyst at Cypherint, says that the Kremlin can take advantage of cybercriminal activity for espionage. Sim Tack, Geopolitical and Military Analyst at Force Analysis, adds that financially-motivated cyber attacks are a key part of Russia’s overall strategy against the West. 11 pages, PDF format