US Staging Global Conference to Combat Ransomware Attacks
The White House is holding a two-day international conference starting Wednesday to combat ransomware computer attacks on business operations across the globe that cost companies, schools and health services an estimated $74 billion in damages last year. U.S. officials are meeting on Zoom calls with their counterparts from at least 30 countries to discuss ways to combat the clandestine attacks. Russia, a key launchpad for many of the attacks, was left off the invitation list as Washington and Moscow officials engage directly on attacks coming from Russia. This year has seen an epidemic of ransomware attacks in which hackers from distant lands remotely lock victims’ computers and demand large extortion payments to allow normal operations to resume. Ransomware payments topped $400 million globally in 2020, the United States says, and…