Ph.D. Eliahu (Eli) Assif (Amar)’s Post

💡The Internet Organised Crime Threat Assessment (IOCTA) is Europol’s assessment of evolving threats and trends in the #cybercrime landscape, with a focus on how it has changed over the last 12 months. 🔖This year's report highlights relevant trends in crime areas such #cyberattacks, child sexual exploitation and online and payment fraud schemes. Recent law enforcement operations have prompted ransomware groups to splinter and rebrand under different guises. Furthermore, continuous takedowns of forums and marketplaces on the dark web have shortened the lifecycle of criminal sites. This instability, combined with the surge of exist scams, has contributed to the fragmentation and multiplication of cyber threats. 📥You can download the #Europol report here: https://lnkd.in/eShYbTJX

Europol’s Internet Organised Crime Threat Assessment (IOCTA) 2024 sheds light on evolving #cyber threats. Key findings include: 1. #Cryptocurrencies and the #DarkWeb: These enablers fuel #cybercrime, with #ransomware groups fragmenting due to law enforcement action. 2. Child Sexual Exploitation (CSE): Current threats persist, including sexual extortion and #AI-generated child sexual abuse material (CSAM). 3. #CyberAttacks: Ransomware-as-a-service and #malware-as-a-service are prominent. 4. Online and Payment Fraud Schemes: #Phishing, account takeover, investment #fraud, and digital skimming attacks are on the rise. Stay vigilant and protect against these threats! #Cybersecurity💡🔒 https://lnkd.in/eaP2mgaT via Europol

Europol has just released the 10th edition of the Internet Organised Crime Threat Assessment (IOCTA), a highly authoritative report that provides a comprehensive overview of the evolving cybercrime landscape. This year's report highlights critical trends in cyber-attacks, online fraud, and the increasing use of AI and cryptocurrencies in criminal activities. Key insights include: - Recent law enforcement operations have prompted ransomware groups to splinter and rebrand under different disguises - The continuous takedowns of forums and marketplaces on the dark web have shortened the lifecycle of criminal sites - Ransomware groups increasingly target small and medium-sized businesses because they have lower cyber defences - Users continue to fall victim to phishing campaigns, business email compromise (BEC), investment and romance fraud - Offenders appear to be underage in many cases, and some have started leveraging AI, which is already becoming a component in their toolbox - The use of cryptocurrencies in a wider variety of crime areas has also become more noticeable - Mainstream end-to-end encryption (E2EE) communication platforms are increasingly used by offenders - The use of cryptocurrencies in a number of areas of crime has become more evident Stay informed and ahead of cyber threats by reading the full report here: https://lnkd.in/dQTV2Je6 #CyberSecurity #CyberCrime #Europol #IOCTA2024 #AI #Cryptocurrency #CyberThreats #threatintel #cti

Europol published the annual Internet Organised Crime Threat Assessment (IOCTA) report on 22 July 2024. Key takeaways for me included the following: 🔴 Millions of victims are attacked and exploited online across the EU daily. 🔷 Adult victims continue to fall for phishing campaigns, business email compromise, plus #investmentfraud and #romancefraud. 🔶 Cybercrime offenders tend to be younger, due to their advanced digital skills and limited understanding of the consequences of their actions. 🔴 Artificial Intelligence (AI) assisted cybercrime is developing at pace. AI-assisted child sexual abuse material (#CSAM) presents a growing threat (this can be AI-altered or wholly AI-generated). Law enforcement bodies are struggling to establish the real identity of both victims and offenders. 🔷 Ransomware groups are increasingly targeting small and medium-sized businesses, due to lower cyber defences. 🔶 E-merchants and banking institutions are the targets of choice for digital skimming attacks.  🔴 The use of #cryptocurrencies in criminal activity is becoming more evident. Underground banking for laundering crypto assets is on the rise, and cryptocurrency investment fraud shows no signs of decreasing. ✔ On a positive note, the report highlights several worldwide law enforcement actions that should be commended, including the disruption of cybercriminals’ digital infrastructures, and co-ordinated arrests of ransomware affiliates and operators. Europol is also deploying a “Cyber Offender Prevention” strategy to educate cybercriminals about the implications of this activity. 🔵 A real-life example of multi-agency activity in this space was reported this week, whereby the NCA, FBI and Police Service of Northern Ireland infiltrated and disabled Digital Stress, a Distributed Denial of Service (DDoS) service that attacked tens of thousands websites per week. Well done to all involved (link to article is in the comments). Whilst the Labour Party referenced #cyberattacks within their manifesto, and promised a Strategic Defence Review, it’s unclear how they plan to tackle #cybercrime outside national security considerations. If anyone has any insights on this, I’d love to hear them. https://lnkd.in/dFNGsGiw

🖥️ The latest Europol Internet Organised Crime Threat Assessment report is out — examining the latest cybercrime threats and trends. Here are some key takeaways: - The cybercriminal market is expanding, compelled by new technologies that lower entry barriers and an intricate digital infrastructure that broadens potential attack surfaces. - Due to their comparatively weaker cyber defenses, ransomware groups increasingly target small and medium-sized businesses. - The dark web remains a pivotal enabler for cybercrime, but the rise of exit scams threatens its stability. This year's report also highlights the fragmentation and multiplication of cyber threats due to recent law enforcement operations prompting ransomware groups to splinter and rebrand. Check out the full report below! 👇 #cyberthreats #europol #cybersecurity https://lnkd.in/eb8Xf7ni

“The use of deepfake and AI in cyber crime, these are also on the rise. People who have never been involved in criminality before now can be. It makes the possibility of becoming a criminal much easier.” Interesting interview with Det Chief Supt Mulleady, Garda National Economic Crime Bureau, on how criminal organisations are using romance scams and Business Email Compromise (BEC) to carry out fraud. https://lnkd.in/ezin9WRw

6 Facts About How Interpol Fights Cybercrime

6 Facts About How Interpol Fights Cybercrime

6 Facts About How INTERPOL Fights Cybercrime

6 Facts About How Interpol Fights Cybercrime