Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

Britain Leads Calls for EU Action Against Hackers

British Prime Minister Theresa May will call on fellow EU leaders Thursday to take united action to punish cyber attackers, warning hackers cause economic harm and undermine democracies.

Britain is among eight European Union countries pushing for the bloc to urgently agree a new sanctions regime to address malign cyber activities.

British Prime Minister Theresa May will call on fellow EU leaders Thursday to take united action to punish cyber attackers, warning hackers cause economic harm and undermine democracies.

Britain is among eight European Union countries pushing for the bloc to urgently agree a new sanctions regime to address malign cyber activities.

“We should accelerate work on EU restrictive measures to respond to and deter cyber attacks, including a robust sanctions regime,” May will say, according to pre-released comments.

She will add: “Malign cyber activity causes harm to our economies, and undermines our democracies.

“As well as protecting ourselves against attack, we must impose proportionate consequences on those who would do us harm.”

The move comes amid growing concern at Russia’s activities, with Western powers blaming Moscow for numerous acts of hacking and electronic interference.

This month the Netherlands revealed dramatic details of a bid by Russia’s GRU military intelligence agency to hack the Organisation for the Prohibition of Chemical Weapons (OPCW) in The Hague.

This was “a stark example of the very real threats that we face”, May will say, but also “a clear example of where these attacks can be prevented”.

A confidential EU proposal seen by AFP and backed by Britain, Lithuania, Estonia, Latvia, Denmark, Finland, Romania and the Netherlands warns that “the pace of events has accelerated considerably”.

The paper says it is “only a matter of time before we are hit by a critical operation with severe consequences on the EU”.

Lithuania and the other Baltic states, Latvia and Estonia, say they come under near-daily cyber attacks, most originating in Russia, targeting everything from banks and government institutions to transport infrastructure.

Britain’s National Cyber Security Centre (NCSC) revealed this week that it has dealt with more than 1,100 cyber incidents in the two years since it was set up, the majority carried out from within “hostile nation states”.

May has repeatedly stressed that despite Britain leaving the EU in March, London wants the fullest possible security relationship with the bloc post-Brexit.

If approved, the EU sanctions regime would freeze assets held in the bloc by targeted individuals and ban them from travelling to the 28 member states.

But the proposal may face resistance from some EU members who want to improve relations with Russia, such as the new Italian government.

Written By

AFP 2023

Click to comment

Expert Insights

Related Content

Cybercrime

Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.

Cybercrime

The release of OpenAI’s ChatGPT in late 2022 has demonstrated the potential of AI for both good and bad.

Cybercrime

A new study by McAfee and the Center for Strategic and International Studies (CSIS) named a staggering figure as the true annual cost of...

Cybercrime

The FBI dismantled the network of the prolific Hive ransomware gang and seized infrastructure in Los Angeles that was used for the operation.

Cybercrime

Video games developer Riot Games says source code was stolen from its development environment in a ransomware attack

Cybercrime

Artificial intelligence is competing in another endeavor once limited to humans — creating propaganda and disinformation.

Cybercrime

CISA, NSA, and MS-ISAC issued an alert on the malicious use of RMM software to steal money from bank accounts.

Application Security

PayPal is alerting roughly 35,000 individuals that their accounts have been targeted in a credential stuffing campaign.