Emotet is a microcosm for a much bigger problem facing the FBI.

The FBI and European police announced a sting against the Safe-Inet, which had marketed "bulletproof hosting" to cybercrime networks.

Since emerging in mid-September, Egregor has reportedly been used in multiple high-profile ransomware attacks.

The study also found that several countries that are not currently considered conventional cyber powers are rising on the world stage.

“It is as if we were sitting at the conference table with the criminals," a Dutch official boasted.

They also arrested someone suspected to be behind a DDoS attack against websites providing information on the coronavirus.