European law enforcement agencies scored a big win this week against criminals active on the Dark Web. In a press release today, Europol revealed that police in 13 countries conducted 300 house searchers and arrested 235 suspects who bought counterfeit euro banknotes from a Dark Web marketplace. More security news Cyber security: Hackers step out of the shadows with bigger, bolder attacks Why is Russia so good at getting women into technology? What is cyberwar? Everything you need to know about the frightening future of digital conflict Symantec develops neural network to thwart cyberattack-induced blackouts All arrests made today are related to a successful case handled by the Austrian Federal Criminal Police Office in June in 2018 when they tracked down and arrested the owner of a Dark Web portal selling counterfeit money. A source knowledgeable of the case’s details told ZDNet today that the suspect had failed to protect his operation’s business transactions with proper encryption. While the suspect used cryptocurrency to receive payments, he still kept a list of mailing addresses where he sent packages containing the counterfeit banknotes. Austrian authorities seized the suspect’s hardware and later found a list of all past customers, which it then passed to Europol and other law enforcement agencies across Europe. Besides taking down the Dark Web shop selling counterfeit money, authorities also dismantled the owner’s euro banknote printing shop, located in Leoben, Austria. According to Europol, the suspect’s shop was capable of printing 10, 20 and 50 euro banknotes. Authorities said… [Read full story]
ZDNet is a business technology news website published by CBS Interactive, along with TechRepublic. The brand was founded on April 1, 1991, as a general interest technology portal from Ziff Davis and evolved into an enterprise IT-focused online publication owned by CNET Networks.