Today, the Dutch National Police, Europol, Intel Security and Kaspersky Lab launched the No More Ransom initiative, a new step in the cooperation between law enforcement and the private sector to fight ransomware together.
Ransomware is a top threat for EU law enforcement: almost two-thirds of EU Member States are conducting investigations into this form of malware attack. While the target is often individual users’ devices, corporate and even government networks are affected as well. The number of victims is growing at an alarming rate: according to Kaspersky Lab, the number of users attacked by crypto-ransomware rose by 550%, from 131 000 in 2014-2015 to 718 000 in 2015-2016.
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