Threat from Organized Cybercrime Syndicates Is Rising

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Threat from Organized Cybercrime Syndicates Is Rising

Europol reports that criminal gangs are undermining the EU economy and its society, offering everything from recruitment to kidnapping, torture and mutilation.

From encryption to communications to falsifying profits from underground sites, organized crime generates revenue through digital transformation. A recent survey of organized crime threats from Europol has issued a stern warning about the devastating impact the criminal gang has on the economy and society of the European Union. And it all happens online.

The Europol Threat Assessment stated: “The online environment and online trading provide criminals with access to technology and sophisticated tools that enable criminal activities.” “Almost all criminal activity now extends to certain areas of the Internet, such as digital solutions that make crime easier.

Read More: Threatpost

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