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Eurojust supports international operation against world’s largest ransomware group

27 February 2024
Knowledge Base

In a coordinated action supported by Eurojust and Europol, judicial and law enforcement authorities from 10 different countries have severely disrupted LockBit, the world’s most active ransomware operation. Two members of the ransomware team have been arrested in Poland and Ukraine. In addition, law enforcement has compromised LockBit’s primary platform and other enabling infrastructure. This includes the takedown of 34 servers in the Netherlands, Germany, Finland, France, Switzerland, Australia, the United States and the United Kingdom. Continue reading…

Cybersecurity Attack Attempts More Than Doubled, Increasing 104% in 2023

30 January 2024
Knowledge Base

Armis, the asset intelligence cybersecurity company, recently announced, The Anatomy of Cybersecurity: A Dissection of 2023’s Attack Landscape. The 2023 analysis of Armis’ proprietary data offers critical insight into the multifaceted challenges global organisations face when it comes to protecting the entire attack surface. Report findings serve as a blueprint to help security teams worldwide prioritise efforts to reduce cyber risk exposure in 2024. Continue reading…

Eddie Yue: Digital trade and finance in Hong Kong – Reasserting global leadership

27 December 2023
Knowledge Base

by Eddie Yue

It is a great pleasure to celebrate the 25th anniversary of the ICCHK with the very distinguished audience here today, and the HKMA is very pleased to support today’s (30 November 2023) event. At last year’s ICCHK event, I shared our thoughts on how connecting digital islands can contribute to a more digitally integrated trade finance system, thereby addressing the pain points in trade finance and improving SMEs’ access to financing. Today, I would like to share our thoughts on a more holistic approach to digitising trade and finance in Hong Kong and how we can reaffirm our global leadership through accelerated digitalisation. Continue reading…

Navigating the UK’s cybersecurity tempest: Riding the storm of employee risks, expanding attack surfaces and limited visibility

18 December 2023
Knowledge Base

by Curtis Simpson

Much like Shakespeare’s final play, which begins with the spectacle of a storm-tossed ship at sea, UK organisations have also found themselves engulfed in a tumultuous cybersecurity tempest. At the eye of the storm is a paradox that highlights the challenges of the digital age. As organisations embrace technological advancements, they inadvertently open themselves up to an ever-growing array of cyber threats. With each new asset or system introduced, the attack surface expands. Coupled with the fact that the cyber landscape is always changing, becoming more sophisticated by the minute, organisations are struggling to keep up. Continue reading…

Final agreement on EU Digital Identity Wallet

16 November 2023
Knowledge Base

The Commission welcomes the final agreement reached by the European Parliament and the Council of the EU at the final trilogue on the Regulation introducing European Digital Identity Wallets. This concludes the co-legislators’ work implementing the results of the provisional political agreement reached on 29 June 2023 on a legal framework for an EU Digital Identity, the first trusted and secure digital identity framework for all Europeans. This marks an important step towards the Digital Decade 2030 targets on the digitalisation of public services. All EU citizens will be offered the possibility to have an EU Digital Identity Wallet to access public and private online services in full security and protection of personal data all over Europe. Continue reading…

Fight against terrorism across EU strengthened by more information sharing with Eurojust

09 November 2023

The joint efforts across the European Union to fight terrorism will be stepped up by judicial authorities sharing a wider range of information on terrorism cases with Eurojust. EU Member States have an improved legal basis to inform on ongoing and concluded terrorism cases with the entry into force today of an amendment of the Eurojust Regulation. These data will be transmitted to the European Judicial Counter-Terrorism Register (CTR) managed by Eurojust. This will help to better detect links between terrorism cases or connections with other serious crimes.

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The Fun Lab, TUI’s new international partner for safety audits of water parks at their tour-operated establishments

30 October 2023
Knowledge Base

TUI, leading group in the touristic market, and The Fun Lab, consultancy and engineering firm specialising in water parks and leisure pools, have signed an agreement in which the tour-operator entrusts the firm with managing the safety of their water parks and leisure pools at both owned and tour-operated hotels internationally. This collaboration commenced with an initial project involving the audit of 8 water parks at tourist resorts, managed or sold by TUI in Turkey this summer. Having successfully implemented this initial project the collaboration will be expanded further, to cover sites in Egypt and Mexico. Continue reading…

Major international operation against the Ragnar Locker ransomware group with Eurojust support

23 October 2023
Knowledge Base

An international operation coordinated by France, with the support of Eurojust and Europol, has dealt an important blow to the Ragnar Locker ransomware group. In an action carried out between 16 and 20 October, searches were conducted in three different countries and in total six suspects were heard in the Czech Republic, Spain, Latvia and France. Furthermore, nine servers were taken down; five in the Netherlands, two in Germany and two in Sweden. The organised crime group is suspected of having committed attacks against 168 international companies worldwide since 2020. Continue reading…

Financial watchdog fines Equifax Ltd £11 million for role in one of the largest cyber-security breaches in history

16 October 2023
Knowledge Base

In 2017, Equifax’s parent company, Equifax Inc, was subject to one of the largest cybersecurity breaches in history. Cyber-hackers were able to access the personal data of approximately 13.8 million UK consumers because Equifax outsourced data to Equifax Inc’s servers in the US for processing. The UK consumer data accessed by the hackers ranged from names, dates of birth, phone numbers, Equifax membership login details, partially exposed credit card details, and residential addresses. Continue reading…

Prosecutors General discuss stepping up judicial role in major operations against organised crime using EMPACT platform

11 October 2023
Knowledge Base

The Prosecutors General and Directors of Public Prosecutions of EU Member States have extensively discussed how to enhance the role of judicial authorities in joint operations against major organised crime via the EMPACT platform. This would mean involving public prosecutors at an earlier stage in the planning and coordination of operational actions. During their 17th Consultative Forum, held on the 5th and 6th of October at Eurojust, they were also given an update on the state of play of the judicial response to the war in Ukraine and debated the challenges of protecting the environment through criminal law. Continue reading…