An initiative that helps victims of ransomware recover their files free of charge says it has helped more than 200,000 ransomware victims, saving businesses an estimated $108 million, and is now capable of decrypting 109 different ransomware strains.
First launched in July 2016 (the initiative turns three today), No More Ransom names over 150 partners globally – and says it added 14 new tools in 2019. It was launched by the Netherlands’ police, Europol’s European Cybercrime Centre and McAfee.
Some 42 law enforcement agencies, 5 EU Agencies and 101 public and private entities are now members of the initiative. (F-Secure, Mastercard and the European Banking Federation were among those that joined No More Ransom this month alone.)
No More Ransom: 40,000 Saved from GandCrab Ransomware
Despite the proliferation and rapid mutation of malware variants, the organisation says it is having substantial success: its efforts against GandCrab – considered to be one of the most aggressive ransomware variants last year – have resulted in 40 000 people successfully decrypting their files, saving roughly $50 million in ransom payments.