European Cybercrime Centre: European Home Affairs

Europol Dept: But as the European Cybercrime Centre, or EC3, officially opened its doors at Europol's Hague headquarters Friday, European Home Affairs Commissioner Cecilia Malmstrom conceded it will be playing catch-up with organized crime gangs revelling in a "Golden Age" of cybercrime. European police agencies say online payment card fraud generates an estimated $2 billion a year for criminals. IStock, according to CBC. Europol is fighting back with experts huddled around computer screens in blue-lit "labs," monitoring internet traffic and able to retrieve data users believe they have deleted from their cellphone or computer hard disks and the European Union's police co-ordination agency opened a new cybercrime unit today to combat online offences from banking fraud to peddling images of child sex abuse. Online criminals, she said, "are ahead of us when it comes to imagination and co-operation." (www.immigrantscanada.com). As reported in the news.