House panel emphasizes urgency of responding to ransomware threats, instituting best practices

Witnesses at a House Financial Services hearing outlined collaboration opportunities to respond to ransomware threats, highlighting the need for more organizations to institute best practices and improve coordination efforts to respond to attacks.

“The current cyber threat landscape demands that we all work together. The scourge of ransomware has taken cybersecurity, which was once seen as an IT issue, to something with day-to-day relevance for many Americans and presents reputational, operational and financial risk for organizations of all sizes,” Palo...