A service-based criminal industry is developing, in which specialists in the virtual underground economy develop products and services for use by other criminals.
The European Banking Federation (EBF) and Europol's European Cybercrime Centre (EC3) signed a Memorandum of Understanding (MoU) which paves the way for intensifying cooperation between law enforcement and the financial sector in the EU.
The European Union Agency for Network and Information Security (ENISA) published a report about large-scale outages in the electronic communication sector.
Microsoft has urged US District Judge Loretta Preska, the judge presiding over the case that sees the company refusing to hand some emails stored in its Dublin facility over to the US government, to find them in contempt.
Hosted at the European Cybercrime Centre (EC3) at Europol, the Joint Cybercrime Action Taskforce (J-CAT), which is being piloted for six months, will coordinate international investigations with partners working side-by-side to take action against key cybercrime threats and top targets, such as underground forums and malware, including banking Trojans.