18 Jan 2022

The Global Cyber Criminal Threat: Interpol, Europol and European Nations Step Up to the Plate in 2022

Two recent developments in the fight against global ransomware criminal organizations should filter into your organization’s risk awareness relative to the events in Europe and the overall cyber threat worldwide.

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12 Jan 2022

Europol Ordered to Delete Vast Trove of Personal Information

Europol has been instructed to delete a massive data trove of information on individuals who have no links to criminal activity after previously failing to comply with regulations. Europol was ordered to delete the data by the European Data Protection Supervisor (EDPS) on January 3 after an inquiry was opened

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14 Nov 2021

Ransomware Gangs Focusing on High Profile Targets says Europol

According to Europol’s recent Internet Organised Crime Threat Assessment 2021, ransomware gangs are increasingly targeting high-profile organizations such as large corporations and government institutions in 2021. The report offers insights into the current cybercrime trends in Europe and investigates the types of attacks growing in popularity. This edition revealed that

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21 Sep 2021

Europol Breaks Open Extensive Mafia Cybercrime Ring

International law enforcement efforts have led to the takedown of an extensive cybercrime operation run by a gang with ties to the Italian Mafia. According to Europol, the gang utilized violence and intimidation as tactics and collected $12 million in online fraud profits. The group used phishing attacks to defraud

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09 Feb 2021

Europol Breaks $14m Card Fraud Ring

Europol claims to have dismantled an organized crime group that had swindled US banks out of $14.4 million. According to Europol, the organization launched a single-day operation in which Spanish National Police and the US Secret Service conducted 40 house searches, arrested 37 suspects, and seized 13 cars. The day

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16 Oct 2020

Sinaloa Cartel-Linked “Freelancers” Introduce ESG-Friendly Meth recipe to Netherlands, EncroChat Probe Reveals

Sinaloa cartel-linked freelancers have brought their sustainable meth-cooking recipe to the Netherlands according to new evidence uncovered in the EncroChat encrypted crime-network probe. This is especially troubling given other reports of record numbers of meth labs being seized in the Netherlands this year, with more in the region producing far more meth than the local market can consume.

This research dives deeper into these disturbing trends and the “so what?” for international drug cartels and those that seek to thwart them.

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05 Nov 2019

Europol: Spear phishing the most prevalent cyber threat affecting orgs across the EU

A new report[pdf] by Europol identifies spear phishing, i.e. targeted phishing, as the top threat to organizations in European Union (EU) member states. According to the study, spear phishing is the most common attack vector used by cybercriminals to compromise organizations. Steven Wilson of Europol’s European Cybercrime Centre added that

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10 Sep 2019

European police arrest Dark Web counterfeit currency traders

European law enforcement agencies have taken down the second-largest known counterfeit currency network operating on the dark web, Europol announced on Monday. Five individuals suspected of participating in the creation and distribution of fake currency were recently arrested by Portuguese police. In addition, a total of €1.3 million (around $1.43

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29 Jul 2019

No More Ransom saves ransomware victims $108 million

In the three years since its launch, Europol’s No More Ransom initiative has helped over 200,000 ransomware victims regain access to their files without paying the attackers, thereby preventing $108 million in ransom payouts. No More Ransom offers 109 different decryptor tools, 14 of which were added in 2019. The

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22 Jul 2019

AI, quantum computing and 5G could make criminals more dangerous than ever, warn police

A new Europol report[pdf] sheds light on the way emerging technology is shaping the cyber crime economy as well as law enforcement efforts to fight cyber crime. The research states that the use of artificial intelligence (AI) can vastly improve the success of cyber attacks and make it easier for

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