Counter Ransomware Initiative stresses importance of supply-chain security

Counter Ransomware Initiative stresses importance of supply-chain security

The International Counter Ransomware Initiative (CRI) has issued new guidance to strengthen software supply chain defenses against ransomware, emphasizing good cyber hygiene and risk assessment. Global cooperation is crucial, as recent attacks on tools like MOVEit and companies like Blue Yonder highlight the ongoing threat, while efforts to disrupt ransomware groups show some promising results. #MOVEit #BlueYonder

Keypoints

  • The CRI advises companies to enhance supply chain resilience and incorporate cyber hygiene practices.
  • The initiative, formed by 61 countries, seeks a coordinated global response to cyber threats.
  • Recent incidents involving MOVEit and Blue Yonder have exposed vulnerabilities in digital supply chains.
  • Ransomware payments declined in 2024, partly due to law enforcement efforts against groups like LockBit and BlackCat.
  • The UK is set to sign the UN Convention against Cybercrime to align international efforts against cybercriminal offenses.

Read More: https://therecord.media/counter-ransomware-initiative-software-supply-chain-guidance