FBI’s Wray reveals scope of ransomware investigations

The FBI director’s comments come after the White House said Tuesday that the latest high-profile ransomware attack against JBS USA, a unit of the world’s largest meat processing company, was by a “criminal organization likely based in Russia.”

Just weeks earlier, a ransomware attack on the 5,500-mile Colonial Pipeline had temporarily shut down the major oil supplier, cutting off gas supplies on the east coast and contributing to widespread fuel shortages.

The spate of cyberattacks has fueled new deliberations among Congressional lawmakers as to whether or not companies that have been compromised by ransomware should be forced to notify the government that they have been hacked.

As a result of the colonial onslaught, the Transportation Security Administration has already issued a policy forcing companies that operate pipelines to report on cyberattacks.

President Joe Biden also issued an executive order last month aimed at revising the U.S. government’s approach to cybersecurity. The order required federal agencies, among other things, to encrypt their data, update plans for the secure use of cloud hosting services, and enable multi-factor authentication.

The White House said Wednesday that Biden will raise the issue of ransomware attacks during his upcoming personal summit with Russian President Vladimir Putin, due to take place on June 16 in Geneva, Switzerland.

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