The Justice Department is undertaking a four-month review of its approach to combatting a range of malicious cyber activity from foreign governments and criminals amid a spate of ransomware attacks and supply chain compromises. “We need to rethink … and really assess are we using the most effective strategies” against such hacking, Deputy Attorney General Lisa Monaco said Friday at the Munich Cyber Security Conference. The review of Justice Department policies, which began this week, will cover the cryptocurrencies that cybercriminals use to cash in on ransomware, along with the “blended threat of nation-states and criminal enterprises, sometimes working together, to exploit our own infrastructure against us,” Monaco said. The policy review is an acknowledgement that, despite the Justice Department and FBI investing heavily in efforts to indict and arrest criminals and take down hacking forums, cyberthreats to U.S. businesses and government agencies remain unrelenting. The 120-day Justice Department review […]
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