Tag Archives: europol

Europol and INTERPOL agree to take action against digital currency mixers/tumblers

The agencies agree to take action against digital currency mixers/tumblers used to anonymise transactions, which burdens the work of law enforcement agencies to detect and trace suspicious transactions.

A recently held workshop organized by Europol, INTERPOL and the Basel Institute on Governance has seen the agencies agree on stepping up their efforts to combat the misuse of cryptocurrencies by criminals and terrorist financiers to launder money and support other criminal activities.

In particular, the participants agreed to:

Europol and INTERPOL agree to take action against digital currency …

The agencies agree to take action against digital currency mixers/tumblers used to anonymise transactions, which burdens the work of law enforcement agencies to detect and trace suspicious transactions.

A recently held workshop organized by Europol, INTERPOL and the Basel Institute on Governance has seen the agencies agree on stepping up their efforts to combat the misuse of cryptocurrencies by criminals and terrorist financiers to launder money and support other criminal activities.

In particular, the participants agreed to:

ESET et Microsoft aident Europol à démanteler le botnet Andromeda / Gamarue

Actif depuis 2011, Gamarue infectait plus de 1,1 million de systèmes par jour. Les chercheurs ESET et Microsoft ont partagé avec les forces de l’ordre leurs analyses techniques, des données statistiques et les domaines des serveurs CC (commande et contrôle) utilisés par ce réseau de botnets. ESET a également fourni l’ensemble de ses recherches sur Gamarue / Andromeda.
« Compte tenu de l’ampleur et de la persistance de cette menace, lorsque Microsoft a sollicité notre aide pour mettre fin à ce réseau de botnets, nous n’avons pas hésité une seconde », déclare Jean-Ian Boutin, Senior Malware Researcher chez ESET.

Vendu comme un cyber-crime-kit sur les forums clandestins du dark net, cet hyper-diffuseur de codes malveillants s’implantait grâce à un code “discret” qui échappait à certains mécanismes de contrôle et de détection. Fort de cette discrétion, Gamarue / Andromeda serait à l’origine de la diffusion de plus de 80 familles de malwares comprenant des

Read more at: http://www.globalsecuritymag.fr/ESET-et-Microsoft-aident-Europol-a,20171206,75564.html

UK cops to lose access to Europol’s cyber crime resources after Brexit

The UK is set to lose access to the European Cybercrime Centre, after it was revealed the country will no longer be a member of Europol following its departure from the European Union in 2019.

The European Cybercrime Centre – also known as EC3 – was set up by the cross-border law enforcement group to provide support for EU police forces in tackling cyber crime. EC3 assists national police with intelligence, digital forensics and strategy support, collaborating on cases involving technological elements.

Cyber security experts have expressed dismay at the news. “This is hugely disappointing,” McAfee’s chief scientist Raj Samani told IT Pro. “Europol have a proven record of success and one would hope a degree of compromise can be reached since the safety of all citizens across the globe is our joint mission.”

The government had stated earlier this year that it wished to continue its relationship with Europol following Brexit,

Read more at: http://www.itpro.co.uk/cyber-crime/30078/uk-cops-to-lose-access-to-europols-cyber-crime-resources-after-brexit

UK cops to lose access to Europol’s cyber crime resources after …

The UK is set to lose access to the European Cybercrime Centre, after it was revealed the country will no longer be a member of Europol following its departure from the European Union in 2019.

The European Cybercrime Centre – also known as EC3 – was set up by the cross-border law enforcement group to provide support for EU police forces in tackling cyber crime. EC3 assists national police with intelligence, digital forensics and strategy support, collaborating on cases involving technological elements.

Cyber security experts have expressed dismay at the news. “This is hugely disappointing,” McAfee’s chief scientist Raj Samani told IT Pro. “Europol have a proven record of success and one would hope a degree of compromise can be reached since the safety of all citizens across the globe is our joint mission.”

The government had stated earlier this year that it wished to continue its relationship with Europol following Brexit,

Read more at: http://www.itpro.co.uk/cyber-crime/30078/uk-cops-to-lose-access-to-europols-cyber-crime-resources-after-brexit

There are 4000 ransom attacks a day, says Europol’s Robin Wainwright

Perhaps the most high-profile example of the damage inflicted by ransom attacks is WannaCry, which spread across the globe and severally impacted the NHS. But the severity of the issue is further compounded by one crucial fact, according to Digital Guardian’s global security advocate, Thomas Fischer.

“Attacks like this have been happening for years, but unfortunately we are either quick to forget, or simply don’t learn from past experiences,” he said. “After all, the recommendations remain the same.”

Such an attitude is no longer enough and the sophistication of ransom attacks, and cyber crime as a whole, has Wainwright worried. They have become capable of crippling networks, sabotaging software and seem to increasingly be targeting financial institutions.

It echoes research from Duff Phelps earlier this year, which surveyed 200 executives in financial services companies. Some 80 per cent of respondents claimed they were set to double the amount of money

Read more at: https://realbusiness.co.uk/tech-and-innovation/2017/11/09/there-are-4000-ransom-attacks-a-day-says-europols-robin-wainwright/

There are 4,000 ransom attacks a day, says Europol’s Robin …

Perhaps the most high-profile example of the damage inflicted by ransom attacks is WannaCry, which spread across the globe and severally impacted the NHS. But the severity of the issue is further compounded by one crucial fact, according to Digital Guardian’s global security advocate, Thomas Fischer.

“Attacks like this have been happening for years, but unfortunately we are either quick to forget, or simply don’t learn from past experiences,” he said. “After all, the recommendations remain the same.”

Such an attitude is no longer enough and the sophistication of ransom attacks, and cyber crime as a whole, has Wainwright worried. They have become capable of crippling networks, sabotaging software and seem to increasingly be targeting financial institutions.

It echoes research from Duff Phelps earlier this year, which surveyed 200 executives in financial services companies. Some 80 per cent of respondents claimed they were set to double the amount of money

Read more at: https://realbusiness.co.uk/tech-and-innovation/2017/11/09/there-are-4000-ransom-attacks-a-day-says-europols-robin-wainwright/

Fast-growing cyber crime threatens financial sector: Europol – Reuters

LISBON (Reuters) – The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said on Wednesday.

Online criminals have become so sophisticated that gangs have created “conglomerations” with company structures that specialize in different criminal activities to carry out the attacks, Rob Wainwright, who leads the EU law enforcement agency, said.

“What really concerns me is the sophistication of the capability, which is becoming good enough to really threaten parts of our critical infrastructure, certainly in the financial, banking sector,” he told Reuters.

And while not all those 4,000 ransom attacks – which demand money to restore access to files that have been frozen or encrypted – are on banks, the financial services sector is seen as a key target because of the potential profits for the criminals.

Even bank

Read more at: https://www.reuters.com/article/us-portugal-websummit-europol/fast-growing-cyber-crime-threatens-financial-sector-europol-idUSKBN1D82QS?il=0

Fast-growing cyber crime threatens financial sector: Europol

LISBON (Reuters) – The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said on Wednesday.

Online criminals have become so sophisticated that gangs have created “conglomerations” with company structures that specialize in different criminal activities to carry out the attacks, Rob Wainwright, who leads the EU law enforcement agency, said.

“What really concerns me is the sophistication of the capability, which is becoming good enough to really threaten parts of our critical infrastructure, certainly in the financial, banking sector,” he told Reuters.

And while not all those 4,000 ransom attacks – which demand money to restore access to files that have been frozen or encrypted – are on banks, the financial services sector is seen as a key target because of the potential profits for the criminals.

Even bank

Read more at: https://ca.reuters.com/article/technologyNews/idCAKBN1D82QS-OCATC