The Dutch National Police, Europol, Intel Security and Kaspersky Lab join forces to launch an initiative called No More Ransom, a new step in the cooperation between law enforcement and the private sector to fight ransomware together. No More Ransom (www.nomoreransom.org) is a new online portal aimed at informing the public about the dangers of ransomware and helping victims to recover their data without having to pay ransom to the cybercriminals.
Ransomware is a type of malware that locks the victims’ computer or encrypts their data, demanding them to pay a ransom in order to regain control over the affected device or files. Ransomware is a top threat for EU law enforcement: almost two-thirds of EU Member States are conducting investigations into this form of malware attack. While the target is often individual users’ devices, corporate and even government networks are affected as well. The number of victims is growing at an alarming rate: according to Kaspersky Lab, the number of users attacked by crypto-ransomware rose by 550%, from 131 000 in 2014-2015 to 718 000 in 2015-2016.
The aim of the online portal www.nomoreransom.org is to provide a helpful online resource for victims of ransomware. Users can find information on what ransomware is, how it works and, most importantly, how to protect themselves. Awareness is key as there are no decryption tools for all existing types of malware available to this day. If you are infected, the chances are high that the data will be lost forever. Exercising a conscious internet use following a set of simple cyber security tips can help avoid the infection in the first place.
The project provides users with tools that may help them recover their data once it has been locked by criminals. In its initial stage, the portal contains four decryption tools for different types of malware, the latest developed in June 2016 for the Shade variant.
Source: TechMoran