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Worldwide Ransomware Assaults Depicting an Increase: Europol

 

Global ransomware assaults increased more than 11% during a period of twelve months ending March 2017, reports Europol. However, encouragingly specialist tools, which Europol created with its associates, aided in unlocking encrypted computers.

 

An online portal namely "No More Ransom" that has been designed for helping ransomware victims regain data encrypted on their computers while spreading awareness regarding ransomware and the risks it entails got started as one combined initiative of Europol, Dutch National Police, Kaspersky Lab and McAfee. Presently the portal runs in twenty six languages, some of which are Thai, Chinese, Bulgarian, Tamil and Malay.

 

Lately, others joining the initiative are Bournemouth University, Barclays, Singapore's cyber-security agency as well as agencies of law enforcement representing Greece, Czech Republic, Iran and Hong Kong.

 

Hitherto tools, which the initiative partners have provided, were able to decrypt over 28K computers, thus saving a total of EUR8m as ransom payments to cyber-criminals. The portal received more that 1.3m distinct visitors while at the time of WannaCry debacle, dated May 14, 2017, 150K visitors accessed the website. Computerweekly.com posted this, July 25, 2017.

 

Kaspersky Lab in one of its report states that the total number of end-users infected with ransomware during April-March 2017 increased 11.4% worldwide in comparison to 2016. The security company noted that people mustn't yield to ransom payments in case issued one rather must inform the police without delay.

 

According to Europol, during May 2017, the WannaCry assault made over 300K business victims in 150 nations during the initial days of its attack. The assault employing one special malicious program, which encrypts files of tainted PCs followed with demanding payment for decrypting them, brought to halt crucial businesses and infrastructures.

 

After that in June 2017, similar assaults struck North America and Europe which involved a revised edition of the Petya malicious program. A few organizations are even now struggling for regaining normalcy from the Petya assaults of June 27.

 

Currently there are approximately 54 decryption codes which Europol has put up on "No More Ransom" portal obtained from 9 associates. The agency has repeated its alerts for making sure that all PCs are up-to-date on security.

» SPAMfighter News - 31-07-2017

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