• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechFuture of Work

This Firm Has a Plan to Stop the Ransomware Epidemic

Jeff John Roberts
By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
Down Arrow Button Icon
Jeff John Roberts
By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
Down Arrow Button Icon
September 1, 2016, 6:14 PM ET
Person wears a Guy Fawkes mask which today is a trademark and symbol for the online hacktivist group Anonymous. 2012.
Photograph by PYMCA/UIG via Getty Images

A firm called enSilo, which helps companies fight ransomware, says it receives nine or 10 calls daily from individuals asking for help to free their computer. In response, the firm decided to create a website that shows a collection of “ransom notes” received by various targets.

The notes reveal how crooks will typically give victims 12 to 96 hours to pay, and promise to send them the decryption key to their files via a Gmail or AOL email address once they do. Some of the notes are straightforward demands for payment in broken English. Others employ images of Guy Fawkes masks (a popular motif with hackers), and one uses a cartoon character from South Park to mock the target:

Screen Shot 2016-09-01 at 5.15.54 PM

In case you’re unfamiliar with ransomware, it first gained attention this spring when criminals used it to remotely lock down computers at a Los Angeles hospital (the institution had to fork over $17,000 to recover critical patient files). Since then, it has morphed into an epidemic that has hit universities, small businesses, and a growing number of individuals.

Ransomware is replacing credit card theft as cyber-criminals’ preferred scam of choice in 2016. It’s low risk, the pay-off can be high and it’s so easy to use that even low level crooks are getting in on the action. Security experts say hackers will usually make good on their promise to decrypt the files after the ransom is paid, since doing so is ultimately good for their business model (it gives an incentive for future targets to pay).

There is also a growing trend of ransomware makers, who are mostly located in Eastern Europe, building attack software they license to others in return for a cut of the proceeds. This arrangement even has a name: RaaS, for Ransomware-as-a-Service.

So how will anyone put a stop to this? So far, there are few ways to fight it, though enSilo is planning an ambitious counter-measure that could make a big difference if it works.

According to Roy Katmor, the CEO of enSilo, the company’s decision to post the ransomware notes is part of a larger plan to gather data about how the attackers operate, and ultimately to thwart them.

Get Data Sheet, Fortune’s technology newsletter.

Katmor, who ran security strategy at networking giant Akamai, also has a more specific plan. It involves asking people to download a special file that will help enSilo break the encryption if their computer is attacked.

In the event of ransomware attack, the special file would end up getting encrypted along with all the other files on the computer. But Katmor says the file would serve to reduce the number of guesses enSilo would need to solve the attacker’s decryption code. Put another way, enSilo would not need to try and crack a near infinite number of variations (which is why current encryption tools are basically unbreakable), but instead could use the accumulated data associated with the file to reduce the number of variations enSilo would have to test.

The upshot, says Katmor, is that enSilo’s technique, which will be ready in a few month, will make it possible to decrypt 60% to 70% of ransomware attacks within three hours. To make this work, Katmor hopes to get help from tech giants like Microsoft and Amazon and Google. Those sort of companies are the only ones that have the cloud computing power required to “brute force” the solution to the ransomware’s decryption key.

But will the big cloud companies agree to work with a firm like enSilo? Katmor concedes that, at the enterprise level, the cloud computing giants would regard his company—and each other—as competitors. But now that ransomware is affecting so many individuals and small businesses, he says the industry may cooperate to stamp out a common nuisance.

Katmor said he would contact Fortune when his anti-ransomware product is ready a few months from now. It’s hardly a sure thing, of course, that the company will be able to pull off its ambitious plan, though Katmor’s security background suggests enSilo will have a fighting shot.

Nervous computer owners, in the meantime, can continue to rely on one nearly sure-fire to prevent their devices being held for ransom—use Apple products, which have so far proved largely invulnerable to these sort of attacks.

About the Author
Jeff John Roberts
By Jeff John RobertsEditor, Finance and Crypto
LinkedIn iconTwitter icon

Jeff John Roberts is the Finance and Crypto editor at Fortune, overseeing coverage of the blockchain and how technology is changing finance.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

The fruit fly cancer researcher who built his first prototype out of lollipop sticks and straws
NewslettersTerm Sheet
The fruit fly cancer researcher who built his first prototype out of lollipop sticks and straws
By Allie GarfinkleMay 1, 2026
35 minutes ago
Apple CEO Tim Cook in Washington, D.C. on December 10, 2025. (Tom Williams/CQ-Roll Call/Getty Images)
NewslettersFortune Tech
Tim Cook’s advice for Apple’s next CEO
By Andrew NuscaMay 1, 2026
1 hour ago
Newly appointed Apple CEO John Ternus (left) with outgoing CEO Tim Cook in Cupertino, Calif. (Photo courtesy Apple)
PoliticsMarkets
Apple’s new CEO said he will continue the company’s tradition of secrecy—and Wall Street loved it
By Jim EdwardsMay 1, 2026
2 hours ago
Hitting the ‘GenAI wall’: Where generative AI stops working, and what it means for your talent strategy
AILeadership
Hitting the ‘GenAI wall’: Where generative AI stops working, and what it means for your talent strategy
By François Candelon and Iavor BojinovMay 1, 2026
2 hours ago
Evan Spiegel wears a black t-shirt and speaks into a microphone while on stage.
AITech
Snap CEO praises AI for writing two-thirds of the company’s code but warns fellow tech executives underestimate ‘societal pushback’ to the tech
By Sasha RogelbergMay 1, 2026
3 hours ago
Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users
Big TechMeta
Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users
By Marco Quiroz-GutierrezMay 1, 2026
4 hours ago

Most Popular

Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
By Preston ForeApril 27, 2026
4 days ago
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
By Jake AngeloApril 30, 2026
18 hours ago
Accenture's Julie Sweet blew up 50 years of company history. She says the hardest part is still ahead
Conferences
Accenture's Julie Sweet blew up 50 years of company history. She says the hardest part is still ahead
By Nick LichtenbergApril 29, 2026
2 days ago
Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity?
Big Tech
Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity?
By Alexei OreskovicApril 29, 2026
1 day ago
With no end in sight, Trump considers new options in Iran war—including the ‘Dark Eagle’ hypersonic missile
Big Tech
With no end in sight, Trump considers new options in Iran war—including the ‘Dark Eagle’ hypersonic missile
By Jim EdwardsApril 30, 2026
1 day ago
America shot its arsenal empty in 2 wars. Now it needs Beijing's permission to reload
Commentary
America shot its arsenal empty in 2 wars. Now it needs Beijing's permission to reload
By Steve H. Hanke and Jeffrey WengApril 30, 2026
18 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.