200,000 victims have files recovered, £87m saved by NoMoreRansom in three years

News by Doug Olenick

On the third anniversary of the No More Ransom initiative Europol issued statistics on its successes including that the site has helped more than 200,000 people recover files after a ransomware attack.

The third anniversary of the No More Ransom initiative was marked by Europol with issuing of statistics on its successes including that the site has helped more than 200,000 people recover files after a ransomware attack.

ransomware

Since its launch in July 2016, the site has registered 3 million visitors from 188 countries, and ended up stopping £87 million in ransom demands from ending up in criminals’ pockets. The portal added 14 new decryptor tools in 2019, bringing its total to 109.

"The efforts against GandCrab – considered to be one of the most aggressive ransomware attacks last year, epitomises such a success: Since the release of the first GandCrab tool in February 2018, nearly 40,000 people have successfully decrypted their files, saving roughly £40 million in ransom payments," Europol wrote.

No More Ransom is available in 35 languages and is powered by the contributions of 150 partners.

"No More Ransom brings hope to the victims, a real window of opportunity, but also delivers a clear message to the criminals: the international community stands together with a common goal, [and] operational successes are and will continue to bring the offenders to justice," said Steven Wilson, head of Europol’s European Cybercrime Centre (EC3).

New partners added in July 2019 were: F-Secure, Mastercard, Get Safe Online, the European Banking Federation, the Banking & Payments Federation Ireland, the Spanish Banking Association, Intesa Sanpaolo, FraudSmart and EURONEXT.

Victims of ransomware attacks can visit www.nomoreransom.org to see if their files can be decrypted.

The original version of this article was published in SC Media US.

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