• Advertise
  • Submit a Press Release
  • About Us
NewsBTC

Bitcoin & cryptocurrency news

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • CasinosTry
  • Play GamesTry
  • Play Casino GamesTry
  • Best Crypto CasinoTry
No Result
View All Result
Breaking News: Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • CasinosTry
  • Play GamesTry
  • Play Casino GamesTry
  • Best Crypto CasinoTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF
Europol Cybercrime Bitcoin Encryption

Europol Cybercrime Report Condems Bitcoin & End-to-end Encryption

newsbtc by newsbtc
7 years ago
in Bitcoin
Reading Time: 2 mins read

Cybercrime is a threat of all ages, even though things seem to be getting progressively worse over time. Europol has issued a new warning against the mounting number of online crimes. At the same time, they are also concerned about the mounting number of opportunities for criminal gain. Bitcoin is, of course, mentioned as well.

The number of threats posed by internet criminals has never been higher than today. Unfortunately, that situation will not change anytime soon, as new opportunities for criminal gain keep popping up. Europol’s Cybercrime Centre has run a total of 131 cyber operations last year, which is an 81% increase compared to 2014.

Bitcoin Plays A Big Role In Cybercrime

It is evident for everyone to see something will have to change. Collaboration against cybercrime is the only way forward, and cyber investigations will need to be prioritized. Mainly encrypted and anonymous services remain a  key hurdle that needs to be overcome, according to Europol.

Hardly anyone will be surprised to find out Bitcoin is a big culprit in this report as well. Europol feels cybercriminals are expanding their use of virtual currencies, both in the ransom and extortion schemes. Given the surge in ransomware infections throughout 2015 and 2016, that statement is factually correct.

What is rather interesting is how the Europol team acknowledges high-value targets are in a world of trouble. Rather than individual users, cybercrime is shifting the attention to enterprises and upper management. Educating the people on the dangers lurking around every email or web page should be a top priority as well.

Germany is named as a region where cybercrime seems to thrive as of late:

‘While many European countries no doubt have some form of domestic digital underground, Germany is considered by some researchers to have one of the fastest-growing underground markets within the EU, although much of its crimeware products focus only on domestic targets. ”

Similarly to how most governments feel, Europol is not too keen on end-to-end encryption either. The report mentions how several cases of child abuse have been live streamed over encrypted connections. This is a global threat, but weakening encryption standards may not be the best answer to solve this problem.

Header image courtesy of Shutterstock

Tags: anonymitybitcoinBitcoin NewscybercrimeencryptioneuropolNews
Tweet123Share196ShareSend
newsbtc

newsbtc

Related Posts

Bitcoin Bull

Bitcoin Bull Signal Returns: Exchange Supply Hits Lowest Level Since 2017

11 hours ago
Bitcoin megaphone

Analyst Says Bitcoin Just Broke A Bullish Megaphone Pattern, What Are The Implications?

2 days ago
Bitcoin price - buy or sell now

Bitcoin Price Dips To $43,200: Buy Or Sell Now? Analyst Predicts Trend

2 days ago
Bitcoin $17 million

Crypto Pundit Reveals Why Bitcoin Is Worth As Much As $17 Million

3 days ago
Bitcoin

Can Bitcoin Spot ETFs Attract Enough Capital? Experts On What Will Lead To ATH

3 days ago
Bitcoin Price

Apollo Crypto Predicts Bitcoin Price Of $200,000 This Cycle, Here’s Why

3 days ago

Premium Partners

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit
Inmerion

Inmerion

Review · Visit

Press Releases

  • PolySign, Inc. PUBLIC AUCTION NOTICE OF FORECLOSURE SALE

    18 hours ago
  • Chimpzee Continues to Flourish In Final Week With $2.5...

    18 hours ago
  • Cardano (ADA) sees growth but investors now shifting...

    21 hours ago
  • Retik Finance (RETIK), Ethereum (ETH), and Solana (SOL) are...

    1 day ago
  • Match Chain Mainnet Ready to Roll Out in March

    1 day ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best Crypto Casino

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.