Cyberattacks: Europe gets ready to face crippling online assaults

Europe is gearing up to deal with the impact of large-scale international cyberattacks.

“The possibility of a large-scale cyber-attack having serious repercussions in the physical world and crippling an entire sector or society, is no longer unthinkable,” warned Europol, the European Union’s (EU) law enforcement agency, which focuses on terrorism, cybercrime and serious and organised crime.

Europol pointed to WannaCry and NotPetya ransomware attacks as examples of incidents that showed the existing ways of tackling major cyberattacks were insufficient.

Both attacks caused chaos by locking PCs across Europe and elsewhere. WannaCry was blamed on North Korea and was possibly part of a money-making scheme; NotPetya was blamed on Russia and was mostly likely designed as an attack on computer systems in Ukraine which got out of control.

To prepare for major cross-border cyberattacks, the EU Law Enforcement Emergency Response Protocol has been adopted by the EU Council – one of the chief decision-making bodies. ..Read more..

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