In four years, the ‘No More Ransom’ initiative has saved ransomware victims from saving around $ 630 million in ransom demands

Four years after the launch of the initiative ‘No More Ransom‘, more than 4 million victims of ransomware They have been able to decipher their data through the tools provided free of charge on their platform and they have saved around 630 million dollars in ransom demands.

The initiative was launched in July 2016 by the Netherlands National Police, Europol, McAfee and Kaspersky, marking the start of a new level of cooperation between the police and the private sector for the joint fight against ransomware.

Ransomware is a cyber attack that involves the encryption of a user’s files. The aggressor requires the victim to pay a sum of money, usually in virtual currency, so that their information is decrypted.

However, on many occasions cybercriminals do not keep their word after making the payment, so it is recommended to make backups frequently and not pay the ransom.

The goal of the portal is to provide victims of this cyber attack with a useful resource.

Actually ‘No More Ramson‘It has 163 partners worldwide, among which is the Colombian National Police and the CSIRT of Buenos Aires. The website is available in 36 languages ​​and can decrypt 140 different types of ransomware infections.

In the past two years, Kaspersky decryptors have been downloaded more than 216,000 times, the most popular being WildFireDecryptor and CoinVaultDecryptor.

The success of the No More Ransom initiative is a shared success, one that cannot be achieved only by the police or private industry. By joining forces, we enhance our ability to confront criminals and make it harder for them to harm people, businesses and critical infrastructure, ”said Fedor Sinitsyn, security expert at Kaspersky.

The specialist asserted that ransomware has taught “that prevention is better than cure”, so users must take precautions to avoid falling into this cyberattack.

In the event that you become a victim, it is important not to pay the ransom and report your infection to the police, “he said.

New forms of malware extortion include exploiting unreliable passwords for remote desktop protocols (RDP). It is a cyber attack that has become widespread due to the increased use of remote access tools by employees who work from home.

Therefore, it is recommended to use strong passwords for each account, and not to allow open access through RDP for online connections. Instead, it is recommended to use a connection to the corporate network through a Virtual Private Network or VPN.

With information from López-Dóriga Digital