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Cybercrime: Ransomware, CEO Fraud Still Going Strong

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Cybersecurity , Data Breach , Fraud

Cybercrime: Ransomware, CEO Fraud Still Going Strong Cybercrime Services Support Child Exploitation and Terrorism, Europol Warns Mathew J. Schwartz (euroinfosec) • September 28, 2016

Drawn by the promise of faster, less expensive and more effective crime-committing capabilities - with lower risk - and backed by the easy availability of "as a service" offerings, more criminals than ever have been operating online.

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That's one takeaway from the Internet Organized Crime Assessment for 2016, which finds - perhaps unsurprisingly - that there's more online crime than ever.

The new report, from the EU's law enforcement intelligence agency, Europol, notes that online criminality ranges from ransomware and cyber extortion to distributed denial-of-service attacks and the criminal abuse of internet of things devices.

And in some European countries, online crime...(continued)

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