However, one scheme continues to take the fight to ransomware gangs and has now helped over 1.5 million victims successfully decrypt their machines without giving into ransom demands, preventing an estimated $1.5 billion from ending up in the hands of cyber criminals.
First launched in 2016 by Europol, the Dutch National Police (Politie), and a handful of cybersecurity and IT companies with four decryption tools available, No More Ransom has now grown to offer 136 free decryption tools for 165 variants of ransomware, including GandCrab, REvil, Maze, and more.
Over 188 partners from the private sector, the public sector, law enforcement, academia and others are now involved in the scheme, which continues to provide new decryption tools, with a portal available in 37 languages to help victims of ransomware attacks around the world.
"It's up to us as Europol and other law enforcement agencies to keep evolving ourselves as well, rethink our strategies beyond No More Ransom. The No More Ransom platform is in place and hopefully it will stay in place for a long time as an answer to many of those scams," said Marijn Schuurbiers, head of operations at Europol's European Cybercrime Centre (EC3).
In the event of falling victim to a ransomware attack, Europol urges victims not to pay a ransom but to check the No More Ransom portal for help and report the incident to the police – because each report of a ransomware attack can help provide additional insights into how ransomware works.