In-brief: The UK’s decision to leave the EU will have vast implications in the area of information security: from the standing of laws governing cyber crime and e-commerce to the decisions made by information security and technology firms that use the UK as their base for EU Operations, according to an analysis by ABI Research.
In-brief: Greater cooperation between law enforcement and the technology community is needed to help remake computer crime laws for the age of The Internet of Things, says Cisco’s Marc Blackmer.
The news yesterday was that the FBI arrested a 26 year-old San Francisco man responsible for operating Silk Road 2.0 – an anonymous, online marketplace for illicit goods. The news on Friday is that Silk Road was just the tip of the iceberg. On Friday, the FBI and announced that it has seized dozens of other so-called “dark market” websites offering a range of illegal goods and services for sale on the “Tor” network. The coordinated take downs are the “largest law enforcement action to date against criminal websites operating on the ‘Tor’ network,” the FBI said in a statement. “We shut down the original Silk Road website and now we have shut down its replacement, as well as multiple other ‘dark market’ sites allegedly offering all manner of illicit goods and services, from firearms to computer hacking,” said Manhattan U.S. Attorney Preet Bharara The take-downs were part of a coordinated law enforcement action […]
In a newly released report, Europol’s European Cybercrime Center (EC3) warns that the growth of the Internet of Things (IoT) threatens to strengthen the hand of organized cyber criminal groups and make life much more difficult for police and governments that wish to pursue them. EC3’s latest Internet Organized Crime Threat Assessment (iOCTA) says the “Internet of Everything” will greatly complicate the work of law enforcement creating “new opportunities for everything from cyber criminals to state actors to child abusers. The growing numbers of connected devices will greatly expand the “attack surface” available for cyber criminal activity, the EC3 warns. Cyber criminals may co-opt connected devices for use in common criminal activity (like denial of service attacks and spam campaigns). However, advancements like connected (“smart”) vehicles and infrastructure create openings for large scale and disruptive attacks. The report, which was published late last months, is a high level position paper and pulls data mostly […]