'Israel has bolstered its security presence for the London Olympics amid fears that an Iranian terror squad in Europe may be planning an attack on its athletes, according to a press report Sunday.

Scotland Yard and Britain's domestic intelligence service MI5 are believed to have raised their assessment of the threat against the Israeli delegation following last week's suicide attack on an Israeli tourist bus in Bulgaria, the Sunday Times reported.

The Israeli government has reportedly dispatched agents from its internal security service Shin Bet to protect its team of athletes.'

Read more: Olympics: Israel Fears Iran Attack on Games: Report