Security News > 2020 > October > Europol analyzes latest trends, cybercrime impact within the EU and beyond

Criminals quickly exploited the pandemic to attack vulnerable people; phishing, online scams and the spread of fake news became an ideal strategy for cybercriminals seeking to sell items they claim will prevent or cure COVID-19.

The value of being able to access data of criminal communication on an encrypted network is perhaps the most effective illustration of how encrypted data can provide law enforcement with crucial leads beyond the area of cybercrime.

Advanced forms of malware are a top threat in the EU: criminals have transformed some traditional banking Trojans into modular malware to cover more PC digital fingerprints, which are later sold for different needs.

Criminals fraudulently swap or port victims' SIMs to one in the criminals' possession in order to intercept the one-time password step of the authentication process.

"The Europol IOCTA 2020 cybercrime report shows the urgent need for the EU to step up the fight against organised crime [online] and confirms the essential role of Europol in that fight".

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