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Law enforcement agencies and Bitdefender launch new tool to fight ransomware

Tuesday 18 June 2019 10:46 CET | News

A new decryption tool for the latest version of the most prolific ransomware family GandCrab has been released free of charge on www.nomoreransom.org.

This tool allows victims of ransomware to regain access to their information encrypted by hackers, without having to pay demanded ransoms. The tool is released in partnership with law enforcement agencies from Austria (Bundeskriminalambt – BMI), Belgium (Federal Computer Crime Unit), Bulgaria (Bulgarian Cybercrime Unit), France (Police Judiciaire de Paris – Befti), Germany (LKA Baden-Württemberg), the Netherlands (High Tech Crime Unit), Romania (DIICOT), the United Kingdom (NCA and Metropolitan Police), the United States (FBI) and Europol and its Joint Cybercrime Action Taskforce (J-CAT), together with the private partner Bitdefender.

Launched in January 2018, GandCrab quickly became the go-to tool for hackers for affiliate-based ransomware, holding 50% share of all the ransomware market by mid-2018, according to the official press release. Set as a ransomware-as-a-service licensing model, distributors could buy the ransomware on dark web markets and spread it among their victims.

The GandCrab operators recently claimed that they have extorted more than USD 2 billion from victims. It is likely that they subjected over 1.5 million victims all over the world to this ransomware.


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Keywords: GandCrab, ransomware, BitDefender, Europol, cybersecurity, dark web, fraud prevention
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Countries: World