Tandon in the News

No More Ransom saves ransomware victims £6.5 million

The scheme unlocks 28,000 devices in its first year


Ransomware victims have saved £6.5 million and decrypted more than 28,000 devices during the first year of the No More Ransom initiative, its creators have said. … However, ransomware gangs and cyber criminals are still making vast profits, despite these advances, new research shows. Google, Chainalysis, NYU Tandon School of Engineering and UC San Diego this week presented a paper revealing that over the past two years, ransomware victims paid out over $25 million.

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