G7 Tells Russia to Crack Down on Ransomware, Other Cybercrime

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In a communiqué issued after the conclusion of the summit, G7 countries vowed to work together to “further a common understanding of how existing international law applies to cyberspace” and collaborate to “urgently address the escalating shared threat from criminal ransomware networks.”

The G7 called on all states to “urgently identify and disrupt ransomware criminal networks operating from within their borders, and hold those networks accountable for their actions.”

However, they singled out Russia, and called on Moscow to halt its “destabilising behaviour and malign activities, including its interference in other countries’ democratic systems” and to “identify, disrupt, and hold to account those within its borders who conduct ransomware attacks, abuse virtual currency to launder ransoms, and other cybercrimes.”

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