During the 18th April Board meeting of the Joint Cybercrime Action Taskforce (J-CAT), the chairmanship was handed over to Holland, after it was held by the United Kingdom and Germany.
The enlargement of the taskforce was announced on April 18, as applications by Norway and Switzerland were approved.
The director of the Swiss federal police, Nicoletta della Valle, said she had high hopes for the joint effort in the nations' fight against threats such as terrorism and cybercriminality
J-CAT was launched in September 2014 and is meant to tackle cybercrime threats not only within the European Union but beyond its borders as well. It's comprised of cyber liaison officers from 13 EU Member States and non-EU partners and 15 law enforcement agencies.
The taskforce is part of the European Cybercrime Centre that in March this year have collaborated in the investigation and subsequent arrest individuals in Romania and Italy over a banking fraud netted EUR 1 million from hundreds of customers of 2 major banking institutions.
Criminals faked emails from tax authorities to defraud bank customers across Italy and Romania out of EUR 1 million. Watch this video from @poliziadistato on this great international operation: https://t.co/xUb8Y5eD1C— Europol (@Europol) March 29, 2018
According to the 2017 Internet Organised Crime Threat Assessment, the list of developing and emerging cyber threats included ransomware, infected Internet of Things (IoT), data breaches, child sexual abuse online, payment fraud, and direct attacks on bank networks.