Police, cyber firms tackle ‘ransomware’ hacking threat

Unscrupulous behaviour: A securities fraud scheme involving hacked inside information was uncovered.

Dutch police, Europol and a coalition of cyber security firms launched a new website to fight a surge in “ransomware” which locks users’ data until they pay criminals to retrieve it. 

The “No More Ransom” initiative is the new online portal “aimed at informing the public about the dangers of ransomware and helping victims to recover their data without having to pay ransoms to cyber criminals,” said a combined statement, issued from Europol’s Hague-based headquarters.