Microsoft and McAfee headline newly-formed 'Ransomware Task Force'

Need new push forward to address these attacks.

Microsoft and McAfee headline newly-formed 'Ransomware Task Force'  (RTF) 

The newly-founded Ransomware Task Force will work to put together a standard framework for dealing with ransomware attacks. ... 

By Catalin Cimpanu 

Ransomware threats mean SMBs must focus on cyber basics

A group made up of 19 security firms, tech companies, and non-profits, headlined by big names such as Microsoft and McAfee, have announced on Monday plans to form a new coalition to deal with the rising threat of ransomware.

Everything you need to know about ransomware: how it started, why it's booming, how to protect against it, and what to do if your PC's infected.

Named the Ransomware Task Force (RTF), the new group will focus on assessing existing technical solutions that provide protections during a ransomware attack.  The RTF will commission expert papers on the topic, engage stakeholders across industries, identify gaps in current solutions, and then work on a common roadmap to have issues addressed among all members.

The end result should be a standardized framework for dealing with ransomware attacks across verticals, one based on an industry consensus rather than individual advice received from lone contractors.  ... '