Europol Reveals Strategy to Fight Cybercrime

AMSTERDAM - European Union's intelligence agency, Europol, on Friday (7 / 1) local time, will present the level of threat that comes from cyber crime, along with a strategy to repel the attack.

"Cyber crime that are without boundaries, this makes the crime investigation more difficult and complicated for law enforcement authorities," said Rob Wainwright of the Europol. Similarly, as quoted by Computer World UK, Saturday (01/08/2011).

"In order to dispel cybercrime attack, needed legislation cross-sufficient region," Wainwright added. According to McAfee, the global corporate losses due to cyber crime is estimated approximately 750 billion euros ($ 1 trillion) per year. Then there are more than 150,000 viruses and 148,000 computer that hijacked every day.

The European Union has a high number for Internet users and as well as the use of e-banking. Ironically, the European Union is also the region most affected viruses and malware in the world. Hardware development also contributed to the development of cyber crimes, such as laptops, smart phones, game consoles and tablets. Everything is vulnerable to cyber attacks.

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New virus threatens phones using Android

A report this week from Lookout Mobile Security said the new Trojan affecting Android devices has been dubbed "Geinimi" and "can compromise a significant amount of personal data on a users phone and send it to remote servers."

The firm called the virus "the most sophisticated Android malware we've seen to date."

"Once the malware is installed on a user's phone, it has the potential to receive commands from a remote server that allow the owner of that server to control the phone," Lookout said.

"Geinimi's author(s) have raised the sophistication bar significantly over and above previously observed Android malware by employing techniques to obfuscate its activities."

The motive for the virus was not clear, accoring the Lookout, which added that this could be used for anything from "a malicious ad-network to an attempt to create an Android botnet."

But the company said the only users likely to be affected are those downloading Android apps from China.

The infected apps included repackaged versions sold in China of Monkey Jump 2, Sex Positions, President vs. Aliens, City Defense and Baseball Superstars 2010.

"It is important to remember that even though there are instances of the games repackaged with the Trojan, the original versions available in the official Google Android Market have not been affected," the security firm said. - msn.com

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