Government leaders in more than 40 countries are signing a pledge agreeing never to pay a ransom to cybercriminals again. US President Joe Biden introduced the International Counter Ransomware Initiative in 2021 and will discuss countries agreeing to push back against cybercriminals and cutting off their revenue source in the hope that it will deter future cyberattacks at a meeting in Washington on Friday.
Cyberattacks in the US rose by 45% this year, compared to the second half of 2022.