The cybersecurity company Truesec and Europol are joining forces to disrupt criminal businesses with the initiative No More Ransom – a global collaboration between law enforcement and other key players, aiming to help ransomware victims without paying the ransom. To contribute, Truesec has developed a new unique decryption tool that will help thousands of ransomware victims to retrieve encrypted data.
In a joint quest against cybercrime, Europol, the Dutch National Hi-Tech Crime Unit, and selected IT security companies have joined forces to disrupt cybercriminal businesses with ransomware connections. The global initiative No More Ransom helps ransomware victims retrieve encrypted data without paying the criminals.
For every ransom paid, cybercriminal groups grow stronger. At Truesec, we have a strong track record of helping hundreds of clients recover from ransomware attacks – without having to pay a ransom. By being an active contributor to No More Ransom, we can help more victims with our technical expertise and help them minimize the damage from cyber attacks, says Markus Lassfolk Vice President of Truesec Incident Response.
Markus Lassfolk, Vice President of Truesec Incident Response.
The cybersecurity company Truesec has been appointed as Associate Partner after contributing to the development of the new unique decryption tool and keys for the Chaos ransomware family, which will help thousands of victims retrieve encrypted data and valuable information. Truesec has been at the forefront of fighting cybercrime for many years and has extensive experience managing some of the most significant and complex incidents worldwide.
At Truesec, we know firsthand what devastating impact ransomware attacks have on organizations and critical infrastructure. We are happy to contribute to the No More Ransom initiative and welcome any collaboration that helps create safety for our societies. This is a fight we must win together, says Anna Averud, CEO of Truesec Group.
Anna Averud, CEO of Truesec Group.
About No More Ransom
No More Ransom, launched in July 2016, is a collaboration between Europol, the Dutch National Hi-Tech Crime Unit, and selected IT security companies, helping ransomware victims retrieve encrypted data without paying the cyber criminals.
Read more here: https://www.nomoreransom.org/