Biden Tells Putin To Crackdown On Ransomware. What Are The Odds He Will?
The president says the U.S. will respond if it keeps getting hit with cyber attacks linked to Russia. But Putin has shown little interest in combatting cyber crimes called 'ransomware-as-a-service.'
If you want to extort millions of dollars from a large U.S. company, you can't do it alone. It takes a village. A village of hackers with advanced computer skills, who hang out on the Dark Web, and most likely live in Russia.
"Ransomware has become a huge business, and as in any business, in order to scale it, they're coming up with innovative models." said Dmitri Alperovitch, head of the technology group Silverado Policy Accelerator in Washington.
At Wednesday's summit in Geneva, President Biden called
