As President Joe Biden's term concludes, his administration's significant strides against ransomware leave a mixed legacy for the incoming President-elect Donald Trump. Despite successes in disrupting ransomware operations, recovering ransom payments, and imposing sanctions on threat actors, ransomware attacks in 2024 are set to break records, underscoring the persistent threat facing U.S. organizations.

Biden's Approach to Ransomware

Biden’s administration declared ransomware a national security threat early in his term, mobilizing intelligence agencies and the military. These efforts bolstered international cooperation against ransomware, culminating in a global task force aimed at curbing ransom payments and enhancing law enforcement collaboration. However, the relentless rise in cyberattacks signals that progress has not been enough to deter threat actors.

Trump’s Cybersecurity Record and Future Challenges

Trump’s first term saw notable cybersecurity developments, including the establishment of the Cybersecurity and Infrastructure Security Agency (CISA) in 2018. However, his administration also faced criticism for inconsistent policies, exemplified by the firing of CISA’s first director, chris Krebs, over election security claims.

The Republican National Committee has promised to elevate security standards for critical systems, but Trump’s penchant for deregulation raises concerns about the future of cybersecurity defenses.

Deregulation: A Double-Edged Sword

A cornerstone of Trump’s policy is reducing government spending, which could lead to diminished resources for federal cybersecurity programs. The conservative think tank The heritage Foundation’s Project 2025 blueprint proposes dismantling the Department of Homeland Security and relocating CISA under the Department of Transportation. Such a move could weaken CISA’s role in shaping critical infrastructure security.

Lisa Sotto, a cybersecurity expert, cautions that deregulation may prioritize self-regulation over federally mandated protections. For example, proposed rules requiring critical infrastructure companies to report breaches within three days might be scaled back, reducing visibility into ransomware incidents.

This shift could undermine the progress made under Biden, including international coalitions against ransomware payments. Allan Liska of Recorded Future warns that decreased intelligence sharing and fewer breach notifications could embolden cybercriminals and complicate law enforcement efforts.

Offensive Cyber Operations: A Possible Priority

Despite concerns about deregulation, Trump’s history suggests a potential emphasis on offensive cyber operations. Experts predict that hacking-back initiatives, targeting ransomware operators and criminal infrastructure, could intensify.

Casey Ellis of Bugcrowd anticipates expanded U.S. offensive cyber capabilities under trump, citing prior efforts by the FBI and Department of Justice to dismantle botnets and disrupt malware operations. This approach may deter adversaries but could also provoke escalation in cyber conflicts.

The Road Ahead

As trump prepares to take office, the cybersecurity industry is bracing for a significant policy shift. While deregulation may reduce oversight and transparency, increased offensive actions could pressure ransomware operators.

Ultimately, the next four years will test the resilience of U.S. cybersecurity defenses in a rapidly evolving threat landscape, demanding a careful balance between regulation, international cooperation, and proactive disruption. Whether these changes will fortify or weaken America’s cybersecurity posture remains to be seen.

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