Security News > 2021 > July > No More Ransom Saves Victims Nearly €1 billion Over 5 Years

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.

"The general advice is not to pay the ransom," No More Ransom advises.

The tool searches the No More Ransom database, where the offerings have grown from an initial four decryptors back in 2016 to the current roster of 121 tools to decrypt 152 ransomware families.

If no decryptor is available for a given ransomware infection, keep checking back: No More Ransom regularly adds new unlock tools.

No More Ransom is an answer to the rise of cyber insurance companies, which seem to be injecting massive amounts of cash into the ransomware ecosystem.

News URL

https://threatpost.com/no-more-ransom-saves-victims-e1-5-years/168192/