Two people have been arrested in Cork as part of an investigation involving the Garda National Cyber Crime Bureau (GNCCB) and the FBI into transnational cybercrime.

The parallel investigation was carried out into the sale of illicit items online, including ransomware as a service, personal banking details, credit card details and false documents such as passports and driving licences.

A 40-year-old man and a 42-year-old were arrested in Cork today and are being held at separate Garda stations in the city.

A number of searches were also carried out by GNCCB officers and property and assets, including crypto assets, were seized, while computers are being forensically examined for evidential content.

In a statement, gardaí said that the GNCCB, with assistance from the Garda Liaison Officer in Washington and the FBI Legal Attaché based in London, the GNCCB has been liaising with the FBI in recent months in targeting the activities of cybercriminals.

Detective Superintendent Pat Ryan of the Garda National Cyber Crime Bureau said: "An Garda Síochána considers these arrests as significant in the context of transnational cybercrime and today's action highlights the continued international law enforcement co-operation and commitment in tackling cybercrime".

RTÉ News understands the arrests follow an investigation by detectives from the Garda National Cyber Crime Bureau and detectives from the Divisional Crime Unit based at Anglesea Street in Cork City.

The two people being detained under section four of the Criminal Justice Act must be charged or released within 24 hours.