EU 'underestimated' cyber-crime

The European Union has underestimated the scale of the threat from cybercrime, the EU commissioner for security, Julian King, told EUobserver.

"Cybercrime is growing much, much faster than I think we anticipated," said King at the Cybersec conference in Krakow on Monday (9 October).

"The challenge is to equip ourselves to deal with these problems, which are bigger, more complicated and more multi-faceted than perhaps we originally assumed," he said, comparing the current situation...