Hundreds of thousands of stolen credit cards have been blocked by hackers working for the UK’s National Cyber ​​Force (NCF), preventing “tens of millions of pounds in potential fraud” against the British economy, according to Sir Jeremy Fleming, head of the British spy agency GCHQ.

Speaking at the Cyber ​​UK event at the National Center for Cyber ​​Security (NCSC) in Newport, Wales, described the head of GCHQ how the NCF works with international partners to undermine cybercrime networks by denying them access to malware and other malicious tools and preventing hackers from making money from cybercrime.

The NCF, which was established in October 2020, is a partnership between defense and intelligence with the power to intervene directly in cybercrime cases.

Fleming said NCF agencies are actively undermining cybercriminals’ belief that they can go unpunished online. He said the NCF had disrupted the criminals and let them know they were being watched.

“In real life, this means avoiding tens of millions of pounds in potential fraud against the UK economy. “Hundreds of thousands of stolen credit cards that are useless to criminals, and countless potential victims of crimes around the world with protected data and accounts,” Fleming said.

He did not specify how this was achieved, but added that the NCF has already had a major impact by improving the UK’s defense, fighting disinformation, supporting foreign military operations and assisting law enforcement in prosecuting criminal gangs.

The head of GCHQ said the UK should continue to focus on cybercriminals and other threats, which are constantly changing their strategies to profit from illegal operations.

He also warned that the United Kingdom and other nations supporting Ukraine in its fight against Russia’s military aggression must improve their cybersecurity capabilities.

Fleming also stressed the need for government-controlled cybersecurity training to create skilled personnel who can be tasked with protecting companies from cyber attacks.

The NCSC Email Security Tool

On Tuesday, the National Cybercrime Center, GCHQ’s cyber unit, said it had helped stop a record 2.7 million online frauds in 2021, four times the previous year. According to the NCSC, the most common scams were imitations of celebrities and fake emails for extortion, although scammers used several other topics, including NHS vaccinations and vaccine passports.

In one particularly daring case, hackers tried to impersonate NCSC CEO Lindy Cameron.

This week NCSC has launched a new email security checker to help organizations detect vulnerabilities in their email domains that could allow attackers to falsify emails or compromise email privacy.

The tool, which was unveiled on the first day of the CYBER UK 2022 conference, allows users to search each domain email and see if it has implemented recommended security measures to prevent harmful emails from being sent by criminals.

IN Email security checkaccording to the NCSC, does not require registration or personal information for use and is aimed at helping technical teams in organizations quickly identify problems so that they can strengthen their protection in accordance with NCSC guidelines on email security and anti-fraud.

https://www.computing.co.uk/news/4049497/uk-national-cyber-force-disabled-stolen-credit-cards-servers-cybercriminals

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