U.K. National Crime Agency

July 15, 2016

Cybercrime Overtakes Traditional Crime in UK

This post was originally published on this siteIn a notable sign of the times, cybercrime has now surpassed all other forms of crime in the United Kingdom, the nation’s National Crime Agency (NCA) warned in a new report. It remains unclear how closely the rest of the world tracks the U.K.’s experience, but the report reminds readers that the problem is likely far worse than the numbers suggest, noting that cybercrime is vastly under-reported by victims. The NCA’s Cyber Crime Assessment 2016, released July 7, 2016, highlights the need for stronger law enforcement and business partnership to fight cybercrime. According […]
December 1, 2016

‘Avalanche’ Global Fraud Ring Dismantled

This post was originally published on this siteIn what’s being billed as an unprecedented global law enforcement response to cybercrime, federal investigators in the United States, United Kingdom and Europe today say they’ve dismantled a sprawling cybercrime machine known as “Avalanche” — a distributed, cloud-hosting network that for the past seven years has been rented out to fraudsters for use in launching countless malware and phishing attacks. The global distribution of servers used in the Avalanche crime machine. Source: Shadowserver.org According to Europol, the action was the result of a four-year joint investigation between Europol, Eurojust the FBI and authorities in the […]
April 29, 2021

Task Force Seeks to Disrupt Ransomware Payments

This post was originally published on this siteSome of the world’s top tech firms are backing a new industry task force focused on disrupting cybercriminal ransomware gangs by limiting their ability to get paid, and targeting the individuals and finances of the organized thieves behind these crimes. In a 50-page report delivered to the Biden administration this week, top executives from Amazon, Cisco, FireEye, McAfee, Microsoft and dozens of other firms joined the U.S. Department of Justice (DOJ), Europol and the U.K. National Crime Agency in calling for an international coalition to combat ransomware criminals, and for a global network […]
February 20, 2024

Feds Seize LockBit Ransomware Websites, Offer Decryption Tools, Troll Affiliates

This post was originally published on this siteU.S. and U.K. authorities have seized the darknet websites run by LockBit, a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. Instead of listing data stolen from ransomware victims who didn’t pay, LockBit’s victim shaming website now offers free recovery tools, as well as news about arrests and criminal charges involving LockBit affiliates. Investigators used the existing design on LockBit’s victim shaming website to feature press releases and free decryption tools. Dubbed “Operation Cronos,” the law enforcement action involved the seizure […]