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Stock impact report

US calls on Russia to do more to crack down on ransomware groups ahead of White House meeting with allies [CNN]

Mandiant, Inc. (MNDT) 
Company Research Source: CNN
Washington (CNN) The White House called on Russia to do more to crack down on ransomware groups operating from the country but conceded that Moscow has taken "some steps" after President Joe Biden urged his Russian counterpart to tackle the groups in the summer. A senior administration official told reporters that the US wants to see "follow-up actions" ahead of a 30-country virtual meeting on ransomware starting Wednesday. The US government has "shared information with Russia regarding criminal ransomware activity being conducted from its territory," said the official, who spoke on the condition of anonymity under ground rules that the White House set for the call. "We've seen some steps by the Russian government and are looking to see follow-up actions," said the official, who declined to say what those steps and actions were. A spokesperson for the Russian Embassy in Washington did not respond to a request for comment. Biden in June urged Russian President Vladimir Putin t Show less Read more
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