FBI Director Compares Ransomware Challenge to 9/11

FBI Director Christopher Wray said the agency was investigating about 100 different types of ransomware, many tracing back to hackers in Russia, and compared the current spate of cyberattacks with the challenge posed by the Sept. 11, 2001, terrorist attacks.

“There are a lot of parallels, there’s a lot of importance, and a lot of focus by us on disruption and prevention,” Mr. Wray said in an interview Thursday. “There’s a shared responsibility, not just across government agencies but across the private sector and even the average American.”

Mr. Wray’s comments—among his first publicly since two recent ransomware attacks gripped the U.S. meat and oil-and-gas industries—come as senior Biden administration officials have characterized ransomware as an urgent national-security threat and said they are looking at ways to disrupt the criminal ecosystem that supports the booming industry. Each of the 100 different malicious software variants are responsible for multiple ransomware attacks in the U.S., Mr. Wray said.

Ransomware is a type of malicious computer code that locks up a victim network’s files that hackers use to demand payment for their release, typically with digital currency such as bitcoin.

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Source: Wall Street Journal