EU unveils cybercrime unit in bid to turn criminal tide

January 9, 2013
European Union commissioner for Home Affairs Cecilia Malmstroem (L) speaks next to the Head of the European Cybercrime Centre (EC3) Troels Oertin (R) during a press conference and presentation of the new European Cybercrime Centre on January 9, 2013, at the EU Headquarters in Brussels.

In a bid to seize the initiative from increasingly sophisticated online criminals, the European Union unveiled a new cybercrime centre Wednesday.

are using new technology to steal identities, empty or profit from , and only a centralised system can combat them, EU Home Affairs Commissioner Cecilia Malmstroem said.

A new European Cybercrime Centre (EC3) opening in the Hague alongside Europol on Friday "will give a strong boost to the EU's capacity to fight cybercrime and defend an internet that is free, open and secure," Malmstroem said.

"Cybercriminals are smart and quick in using new technologies for criminal purposes; the EC3 will help us become even smarter and quicker to help prevent and fight their crimes," she added.

The new centre is meant to scale up the response to a growing threat that recognises no boundaries, said Troels Oerting, who heads EC3.

"Our lives are led online," Oerting said, stressing that "we can't just put more locks on the door," with the authorities having to focus on the so as to anticipate their next move.

They "don't need a gun anymore (to rob a bank) ... they can get much more money just by using a computer," he said, adding that key to success will be the sharing of resources to produce a coherent international response.

The Commission cites estimates that one million people fall victim each day to , resulting in losses of 290 billion euros ($380 billion) a year.

In a recent report, the European Network and Agency warned that the criminals were one step ahead and called for more to be done.

"There is and always will be a permanent race in cyberspace between attackers and defenders. Unfortunately, at the moment attackers are one step ahead," it said.

"In this race it is impossible to know and, finally, to beat the opponents without understanding their attack methods," it said.

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1 / 5 (1) Jan 09, 2013
I am sure these well funded criminals were sitting on the proverbial 'front row' listening to every word that was said!

Good Luck nevertheless!

word-to-ya-muthas
Squirrel
not rated yet Jan 10, 2013
It will not help except create gold plated pension jobs for a few and perhaps become a means to enforce censorship "in everyone's best interests" in a few years time. I trust the Americans--with their robust 237 years democracy--not the Europeans to organize and get this kind of thing right.

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