Category: EUROPOL

FILE - In this Friday, Jan. 16, 2015 file photo, a man walks past the European police agency Europol in The Hague, Netherlands. The head of European Union police organization Europol said at a meeting on Monday, Feb. 23, 2015 that intelligence and law enforcement agencies across the continent have to co-operate better to fight against the threat of terrorism. (AP Photo/Peter Dejong, File)The European Police agency Europol has joined forces with police and cyber security companies to launch a worldwide initiative to combat and tackle together the exponential growth of Ransomware used by cyber criminals.

Europol announced today the initiative, dubbed NO More Ransom, that has been backed by technology giant Intel, cyber security firm Kaspersky Lab and the Netherlands police, aiming at decreasing an “exponential” rise in Ransomware threat.

Ransomware is a piece of malware that typically locks victim’s device using encryption and demands a fee to decrypt the important data. The estimated number of ransomware victims tripled in the first quarter of this year alone.

Read more at
http://thehackernews.com/2016/07/ransomware-decrypt-tool.html