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No More Ransom is collecting decryptors so ransomware victims don’t have to pay to get their data back and attackers don’t get rich.
To date, the No More Ransom repository of ransomware decryptors has helped more than 6 million victims recover their files, keeping nearly a billion euros out of the hands of cybercriminals, according to a Monday release.
Launched five years ago, No More Ransom is maintained via cooperation between the European Cybercrime Centre and several cybersecurity and other types of companies, including Kaspersky, McAfee, Barracuda and AWS. Its purpose is to keep victims from handing over the cash that helps fuel more ransomware attacks, according to Europol.
No More Ransom Saves Victims Almost €1B Over 5 Years
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Ransomware resource claims to have prevented $900m in payments
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No More Ransom: We Prevented Ransomware Operators From Earning $1 Billion
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What is ransomware? Everything you need to know about one of the biggest menaces on the web ZDNet 5 days ago © Provided by ZDNet Watch Now
What is ransomware?
Ransomware is one of the biggest security problems on the internet and one of the biggest forms of cybercrime that organisations face today. Ransomware is a form of malicious software – malware – that encrypts files and documents on anything from a single PC all the way up to an entire network, including servers. Victims can often be left with few choices; they can either regain access to their encrypted network by paying a ransom to the criminals behind the ransomware, or restore from backups or hope that there is a decryption key freely available. Or start again from scratch.