Ransomware advice service to tackle extortion gang

25 July 2016
Ransomware advice service to tackle extortion gang

Victims believed to have tripled in the first three months of 2016

 

European police agency Europol is teaming up with cyber-security companies in an initiative aimed at slowing an "exponential" rise in ransomware.

According to a BBC report, the new scheme revolves around a website that connects victims and police, gives advice and helps with data recovery. No More Ransom brings together information about what ransomware is, how to avoid falling victim and what to do if a person or company is caught out.

Ransomware first emerged in in 2005 in the United States but spread quickly around the world, along with other so-called malware. It works by either holding your entire computer hostage or by blocking access to all of your files by encrypting them. A person infected with ransomware is typically ordered (via a pop-up window) to pay anything from a few hundred to thousands of pounds in order to get the key to unlock their encrypted data: https://www.amethystrisk.com/news/beware-of-ransomware

According to the report, the number of ransomware victims is believed to have tripled in just the first three months of 2016.

Often, people struggle to find out what they can do when they are hit. With this website, victims will be able to upload scrambled files to identify which strain of ransomware has locked up their data.

http://www.bbc.co.uk/news/technology-36883056

 

 

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