BY Capgemini
This page was produced by FT2, the advertising department of the Financial Times. The news and editorial staff of the Financial Times had no role in its preparation.


IT trends spotted and checked by experts


Police darknet raid puts dent in illegal trade

9 Nov, 2016 09:00 am

International law enforcement agencies launched a large-scale crackdown on criminals using Tor identity-hiding software to trade illegal goods on the "darknet".

@ Fotolia

The week-long "Operation Hyperion," involved law enforcement agencies from the US, Australia, Canada, New Zealand, the United Kingdom, and the European Union's Europol, to target underground marketplaces where illegal goods, particularly drugs are sold.

While software such as Tor can be used for legitimate purposes, such as masking communications among users in authoritarian countries, it has also increasingly served as a way to anonymously purchase illegal goods and services.

The law enforcement agencies' dragnet in October mainly involved drug-related arrests, but the group said it will also seek to prosecute perpetrators who use the darknet to traffic counterfeit goods, chemical, and stolen credit card information.
Tor software is seen as a valuable tool to protect privacy by being able to communicate online anonymously, while law enforcement agencies worldwide seek to crackdown against its use to commit crimes.
Explore the Trend: Cybersecurity: How can we fight against new threats?

Read more on Computerworld
more contributions
Nokia's plan for IoT network grid
23 Feb, 2017 09:00 am
US city offers real-time car parking map
16 Feb, 2017 09:02 am
Machines play bigger role on Wall Street
14 Feb, 2017 11:00 am
Smart tech, smart cities
3 Feb, 2017 09:01 am
Tech to redefine banking model
26 Jan, 2017 10:33 am