Tuesday , 25 October 2016
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Europol Warns of Worst Cybercrime Threats

The European Union’s law enforcement agency, Europol, issued a warning today regarding the cybercrime threat landscape, particularly threats emanating from the so-called ?EU?Darknet.” Produced by Europol, the ?EU?2016 Internet Organized Crime Threat Assessment?EU? report, outlines the biggest threats online.

The annual report concluded that techniques that have normally been associated with cybercrime are now extending into other crime and threat areas, said Rob Wainwright, director of Europol.

?EU?A growing range of threats, from trafficking in human beings to terrorism, are becoming increasingly cyber-facilitated,?EU? Wainwright said in the report. ?EU?Other cross-cutting issues, such as the growing misuse of legitimate anonymity and encryption services and tools for illegal purposes pose a serious impediment to detection, investigation and prosecution of criminals.?EU?

Darknet Casts a Long Shadow

Chief among the findings of this year?EU?s report is the growing popularity of the Darknet, a collection of sites that either require special anonymizing software like the Tor browser to access, or are peer-to-peer networks that require special permission to access. The hidden nature of the Darknet makes it a popular platform for distributing child pornography and other exploitation material.

The Darknet is also becoming a popular way to buy and sell real-world illicit goods like weapons and drugs online. Meanwhile, the development of the crime-as-a-service model, in which criminals are able to purchase and download hacking tools online, is also being facilitated by the Darknet. Fences are also increasingly using Darknet to sell stolen data, such as credit card information, online.

The Darknet has managed to flourish in part thanks to the advent of cryptocurrencies that allow criminals to pay for illegal goods or services without compromising their anonymity.

?EU?Bitcoin has become the currency of choice for much of cybercrime,?EU? according to Europol. ?EU?While the cryptocurrency landscape is constantly evolving, and there are a growing number of alternate…