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'War-like' cybercrime threatens European growth


From: InfoSec News <alerts () infosecnews org>
Date: Wed, 30 Apr 2014 08:40:15 +0000 (UTC)

http://www.cnbc.com/id/101623392

By Arjun Kharpal
@ArjunKharpal
CNBC.com
04/28/2014

State-backed hackers are aiming to create "war-like activities" that could harm economic growth in Europe, the region's cybercrime chief warned on Tuesday.

The stark warning from Troels Oerting, head of the European Cybercrime Center and assistant director at law enforcement agency Europol, comes as governments and law enforcement agencies across Europe are already struggling to contain the threat of cybercrime.

"What we are looking at is state-sponsored activity and it is no secret that we have state-sponsored activities…aimed at starting warlike activity," Oerting said at a speech at the Infosecurity Europe conference in London Tuesday.

[...]

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