With ransomware showing no signs of disappearing soon, a central repository website entitled “No-More-Ransom” has been established to disrupt cybercriminal businesses with ransomware connections. Europol’s European Cybercrime Centre has teamed up with the National High Tech Crime Unit of the Netherlands’ police, and two cyber security companies to offer advice and troubleshooting services.
A new valuable asset
This new website is a valuable asset and should be shared with your customers as it contains downloadable tools that may be able to decrypt files affected by common ransomware attacks. ‘Crytpo Sheriff’ – a section in the website which enables users to upload malware samples along with a description to identify the type of ransomware, should be particularly helpful.
Additionally, there is a frequently asked questions section which provides advice and tips to avoid becoming a victim in the first place.
We strongly recommend that your customers have an incident response plan as to be ready in the face of this growing threat and secondly take steps to prevent and evading extortion. If your customers have become victims, it is not advised to pay the ransom as it does not guarantee that access to the data will be regained.
Additionally, by paying the ransom this will only encourage criminals to continue investing in such activities.
All cybercrime should be reported to the relevant e-crime unit (in Ireland – An Garda Siochana; In the UK – National Fraud & Cyber Crime Reporting Centre; in the US – the FBI Internet Crime Complaint Centre
If you are a merchant that requires technical or PCI DSS help, please click here