Europol helped 1.5 million victims by decrypting ransomware

Europol helped 1.5 million victims by decrypting ransomware

The keys are distributed using a specialized website.

Over the past six years, Europol has been able to help around 1.5 million victims of ransomware attacks by making decryption tools available. This saved around 1.5 billion euros, which otherwise should have been used to pay the ransom demand – reported by Europol. Europol presented the data on the occasion of the sixth anniversary of the No More Ransom initiative and the related online portal. The aim of the initiative is to unite European police, authorities and private companies active in the IT security sector to provide tools and help to victims of ransomware. It also aims to reduce potential concerns about the involvement of security authorities after an attack. The project was created after an employee of a Dutch Internet service provider found the command and control server of the ransomware in the company’s own infrastructure. After the authorities seized the server, they also found the keys used for the ransomware campaign. In this way, they were able to provide quick help to those concerned and to decrypt their data. The keys are intended to be distributed using a specialized website. According to Europol, the initiative has so far made available 136 free tools that can be used against 165 ransomware variants. In addition, around 190 companies and authorities are currently participating in the cooperation, and they are constantly working on new versions and tools.Hardware, software, tests, interesting and colorful news from the world of IT by clicking here!

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