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Last updated on April 18, 2014 at 17:24 EDT

Latest Rob Wainwright Stories

Europol Takes Down Ransomware Cybercrime Gang
2013-02-14 05:11:48

redOrbit Staff & Wire Reports - Your Universe Online Europol announced on Wednesday that it has broken up a well-organized gang of cybercriminals that extorted millions of euros from online users in more 30 countries by persuading them pay phony police fines. The group used a "ransomware" virus that locked victims´ computers, and then displayed messages claiming the action was taken by authorities based on the users´ abusive Internet usage. The message told victims they...

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2011-05-04 11:03:33

With the advancement of technology, the Internet has become a major tool for European organized crime, top officials at Europol say. These criminals use the Internet for drugs and human trafficking as well as money laundering and cybercrime. "Organized crime is a multi"“billion euro business in Europe and it is growing in scale. The further expansion of Internet and mobile technologies, the proliferation of illicit trafficking routes and methods as well as opportunities offered by the...