EC3 aids Romanian cybercriminal network takedown

The European Cybercrime Centre (EC3) at Europol in Holland reports the take-down earlier this week of a Romania-based organised cybercrime network suspected of sophisticated electronic payment crimes causing losses of at least €2 million through the use of RATs (Remote Access Tool) with key logger functionality to take over computers used by money transfer services in Austria, Belgium, Germany, Norway and the UK.

More than 115 individuals were interrogated and 65 - mostly Romanian citizens - detained following coordinated raids by Romanian and French legal authorities, supported on the ground by EC3.

Following the operation, the head of EC3, Troels Oerting, issued a statement saying: " EC3's role was to effectively facilitate international cooperation, including the exchange of intelligence, and to provide resources where needed. After many months and a great effort from all involved, many individuals have now been detained after key locations were identified and targeted by law enforcement. The resounding success of such an operation is not the first and will not be the last, as police officers and prosecutors, alongside EC3, continue in their tireless endeavours to make payment transactions safer for customers throughout Europe and beyond."