All the latest UK technology news, reviews and analysis


Cyber crooks nursing wounds after Reveton arrests and botnet takedowns

14 Feb 2013
Toy soldiers standing on a laptop

The war against cyber criminals is a tough one as they move quickly to mount ever more sophisticated campaigns that can rake in thousands everyday by targeting unsuspecting users.

However, the past two weeks have seen several notable victories for law enforcement agencies and IT firms, such as Microsoft and Symantec, after high-profile takedown and raids have landed a bloody nose on the crooks.

The Reveton ransomware was taken down late on Wednesday in a coordinated sting operation mounted by Europol and the Spanish Police, which saw 11 arrested.

This came after the Bamital botnet was forced offline earlier in February as a part of a joint operation between Microsoft, Symantec and local US law enforcement.

In the aftermath of this news, leading security firms have praised these effort and called for further takedown operations following the Reveton police ransomware and Bamital botnet stings.

Trend Micro security director Rik Ferguson claimed the takedown operations are a key example of how the public and private sector can work together to fight cyber crime.

"This co-ordinated activity leading directly to the arrest of individuals believed to be actively engaged in cybercrime, rather than simply taking down associated infrastructure, should serve as a model for how the security industry and law enforcement can fight online crime," he said.

"Trend Micro believes that enforcement activity which goes after the individuals responsible for committing the crime, rather than simply the infrastructure they use, will be more effective in the long-term."

F-Secure security chief Mikko Hypponen concurred, adding that the takedowns serve to deter other criminals attempting to begin their own cyber operations.

"We should aim to do takedowns of cybercriminals, as much as we can. Because if we don't, we would be sending exactly the wrong message to potential newcomers in this field," Hypponen told V3.

"If we can't do takedowns, we should try to sever the money traffic going to them, as much as we can. Squeeze it where it hurts."

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Alastair Stevenson
About

Alastair has worked as a reporter covering security and mobile issues at V3 since March 2012. Before entering the field of journalism Alastair had worked in numerous industries as both a freelance copy writer and artist.

View Alastair's Google+ profile

More on Security
What do you think?
blog comments powered by Disqus
Poll

IT curriculum poll

With coding now compulsory in schools, how important are digital skills for the next generation of school leavers?
0%
20%
40%
40%

Popular Threads

Powered by Disqus
Galaxy S5 vs Galaxy Note 3 video review

Galaxy S5 vs Note 3 video review

We see how Samsung's latest flagship compares to its premier phablet

Updating your subscription status Loading
Newsletters

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button
hpv3may

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging

ibmv3may

Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

System Support Engineer (Bangkok)

System Support Engineer (Bangkok) Company: Our client...

Computer Science Graduate

Are you due to complete a BSc or MSc degree in Computer...

Web Developer DRUPAL LONDON

Web Developer DRUPAL LONDON Immediate start...

C# .Net WPF London £40k - £55k

My client is currently expanding its UK operation...
To send to more than one email address, simply separate each address with a comma.