Fast-growing cyber crime threatens financial sector: Europol

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 Read More …

Global ransomware attacks on the rise: Europol

Global ransomware attacks soared by over 11 percent in the 12 months to March, Europol reported Tuesday, but specialist tools developed with its partners had helped unlock some 28,000 encrypted devices. “Ransomware has soared since 2012, with criminals lured by Read More …

Massive blow to criminal Dark Web activities after globally coordinated operation

Two major law enforcement operations, led by the Federal Bureau of Investigation (FBI), the US Drug Enforcement Agency (DEA) and the Dutch National Police, with the support of Europol, have shut down the infrastructure of an underground criminal economy responsible Read More …

Europol News Article on Wannacry Ransomware: recent cyber-attack

The European Cybercrime Centre, EC3, at Europol is working closely with affected countries cybercrime units and key industry partners to mitigate the threat and assist victims. The recent attack is at an unprecedented level and will require a complex international Read More …