no more Ransom
Tech companies partner with global law enforcement to help victims fight back

No More Ransom is a global initiative designed to hit back at cyber criminals

The No More Ransom website is an initiative by the National High Tech Crime Unit of the Netherlands’ police, Europol’s European Cybercrime Centre and two cyber security companies – Kaspersky Lab and Intel Security.
The initiative encourages victims not to capitulate the criminals and they have vowed to assist victims of ransomware retrieve their encrypted data without having to pay the criminals.

No More Ransom was launched on July 25, 2016, by Kaspersky Lab, the Dutch National Police, Europol, and Intel Security, introducing a new level of cooperation between law enforcement and the private sector to fight ransomware1 together. From the latest announcement…

New members join as initiative expands

Additional members include: Bosnia and Herzegovina, Bulgaria, Colombia, France, Hungary, Ireland, Italy, Latvia, Lithuania, Portugal, Spain, Switzerland and the United Kingdom. Additional law enforcement agencies and private sector organizations are expected to join the program in the coming months. This collaboration will result in more free decryption tools becoming available, help for even more victims to decrypt their devices and unlock their information, and damaging the cybercriminals where it hurts the most: their wallets.

Currently, five decryption tools are available on the no more ransom online portal. Since its launch in July, the WildfireDecryptor has been added and two decryption tools updated: RannohDecryptor (updated with a decryptor for the ransomware MarsJoke aka Polyglot) and RakhniDecryptor (updated with Chimera).

“The fight against ransomware succeeds best when law enforcement agencies and the private sector join forces,” said Jornt van der Wiel, Security Researcher at the Global Research and Analysis Team at Kaspersky Lab. “Information-sharing is the key to effective collaboration between the police and security researchers. The easier and faster it happens – the more effective the partnership becomes. Getting more law enforcement agencies from different countries on board will therefore improve operational information-sharing, so that in the end ransomware will be fought more successfully,” he added.

More Here [Project Website] [PR]

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