Shade Ransomware Group Shuts Down

Robinson+Cole Data Privacy + Security Insider
Contact

Some good news in the ransomware world, which is so rare these days.

The Shade (Troldesh) ransomware group has retired and is shutting down. When do you ever hear that a ransomware group is shutting down? According to reports, Shade has publicly announced that it is retiring (apparently it has made enough money to do so) and is releasing 750,000 decryption keys for victims to get their data back.

Kaspersky Lab is reported to be developing a tool to assist with the decryption for those who have files that were decrypted in the past. If businesses were affected by Troldesh and still have the database that was encrypted, they may be able to use the tool to decrypt and recover the data that were lost.

In retiring, Shade said “We apologize to all the victims of the trojan and hope that the keys we published will help them to recover their data.” But they aren’t returning all of the money that they stole from victims.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Robinson+Cole Data Privacy + Security Insider

Written by:

Robinson+Cole Data Privacy + Security Insider
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Robinson+Cole Data Privacy + Security Insider on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide