Tag: cybercrime

Cybercrime is already professionalised

Posted on August 4, 2020 by - News

HeimdalTM Security chief executive Morten Kjaersgaard claims that cybercrime is already a profession and the Corona Virus turned out to be good for business.

In an interview with Finbold.com, Kjaersgaard stated that tracking developments in the cybercrime sector will be a major trend in the coming year.

He said that it was important to have cybersecurity as part of the modern education curriculum. With cybersecurity undergoing rapid regulatory changes globally, Kjaersgaard explained how his firm has positioned itself to adapt to the changing environment.

For Heimdal, the coronavirus pandemic had a positive impact, with an increased demand for software that simplified remote management of devices and could help increase security on WFH devices.

“The change in consumption of our services also clearly documented the change the Coronavirus drove, as we saw a dramatic increase in the number of individual connections to our services.”

He said that the coronavirus pandemic really underlined the need for customer communication as there was a much faster shift for customers in thinking decentralized rather than centralized. What we delivered to them was tailored to meet those challenges.”

 

 

 

Cops swoop on airline ticket thieves

Posted on November 28, 2014 by - News

europolEuropol said that over the  last three days, worldwide law enforcement agencies have taken steps to combat people using stolen cards to buy airline tickets.

The organisation said over 60 airlines and 45 countries took part in the joint activity at 80 plus airports worldwide.

The organisation said that in many cases credit card fraud is connected to other serious crimes including human and drug trafficking, with banking, airline and travel sectors suffering losses of $1 billion a year through fraudulent online ticket booking.

Three coordination centres in The Hague, Singapore and Bogota were set up and worked with airlines and credit card companies to identify suspicious transactions.

The operation resulted in 281 suspicious transactions being recorded and 118 people arrested.

Europol Director Rob Wainwright said: “This operation is another example of law enforcement and the private sector working seamlessly together, to prevent and fight cybercrime – this time identity theft and credit card fraud. We are reaching new levels with our cooperation and aim to become an ‘unbeatable alliance’ with aspirations to make cyberspace as crime free as possible for global citizens.

“Europol’s EC3 will continue to invest heavily in conducting similar operations and other activities that will make life harder for cybercriminals”. This international operation was the result of months of detailed planning between law enforcement, prosecuting and border control agencies, airlines and credit card companies, coordinated by Europol’s European Cybercrime Centre (EC3).