SECURITY EVANGELIST

Last year, ransomware asserted itself as the dominant cyber threat on a global scale. The numbers themselves are stupefying. Over a hundred new ransomware families emerged last year, while companies and users were extorted for hundreds of millions of dollars.

What’s more, the average value of a ransom demand climbed from $294 at the end of 2015 to $679 in April 2016.

new ransomware families

Percentage of New Families of Misleading Apps, Fake AV, Locker Ransomware, and CryptoRansomware Identified Between 2005 and June 2016.

Source: ISTR Insights Special Report: Ransomware and Business 2016

No one was spared, as schools, hospitals, county governments, police departments, companies of all sizes and even churches fell victims to encrypting malware.

The malware economy thrived, as cybercriminals fine-tuned their malware and delivery methods to infect more devices and go undetected for longer periods of time. This is why ransomware will most likely continue to be the biggest security challenge on 2017 as well.

As a team, we strongly believe that a key asset in the fight against ransomware is education. To be aware that this threat exists and to know what you can do to protect your data against it means half the battle is won! The other half is implementing the good (and rather simple) advice that cyber security experts keep insisting on.

That is why we are happy to be able to contribute to the No More Ransom initiative, which aims to bring together the knowledge and experience of both private cyber security companies and law enforcement institutions.

Through this common effort, the initiative can help both those already affected by ransomware (by providing free decryption tools) and those who want to protect themselves from this unnerving threat (with free prevention advice).

What’s more, the Crypto Sheriff tool can help ransomware victims discover what they’ve been infected with and, hopefully, recover their data by using one of the decryption tools created by cyber security specialists.

No More Ransom also makes it easy for ransomware victims to report cyber crimes, which is incredibly important because it helps law enforcement agencies track down and take down the culprits behind these illegal activities. Unfortunately, the numbers we see in terms of infections and money lost are still just the tip of the iceberg, because the majority of victims never report the cyber crimes they’ve been affected by.

We’d like to take this opportunity to salute the Dutch National Police, Europol, Intel Security and Kaspersky Lab, the original founders of the initiative! We believe that working closer together as a community is incredibly important for making a significant impact on stifling cybercrime.

If you’d like to have a quick intro to the facts and figures behind ransomware, we’ve set up a dedicated page which includes links to key resources you can use anytime you want. You can also share this page with anyone you think should know about ransomware and the risks it poses for their data.

Keep safe!

Ransomware-Decryption-Tools
2016.10.05 QUICK READ

Ransomware Decryption Tools – Unlock Your Data for Free

What is Ransomware
2016.07.07 SLOW READ

What is Ransomware and 15 Easy Steps To Keep Your System Protected [Updated]

ransomware-distribution-in-companies
2016.04.01 QUICK READ

Ransomware Distribution: How One Infection Can Go Network-Wide

Comments

As informative as always. I was right to vote for Heimdal Security Blog as the most educational blog 😉
Ransomware Decryption Tools and The Ultimate Malware Removal Guide articles are specially great. I hope you keep them updated.
Good luck!

PS The feature that shows the approximate time it takes to read the articles is nice.

Thank you so much for your kind feedback! We will definitely keep those articles updated, as well as others.

And I’m really glad you like that feature! Have a great week ahead!

[…] Security has recently joined the front line on the fight against ransomware. The No More Ransom project is a joint effort in which over 30 companies and police agencies seek ways to prevent further […]

Thanks for tresure information.

Jan A. van de Hoef on February 14, 2017 at 7:52 pm

Thanks, hope I never will need it.

We really hope so too, Jan!

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