The role of private sector in combatting cybercrime

By on Nov 21, 2014

This week we announced the signing of a Memorandum of Understanding (MoU) with the European Cybercrime Centre (EC3) that combines our skills in the war against cybercrime. This agreement demonstrates our commitment to addressing the growing menace that each and every one of us faces in the digital world today.

As our dependence on the internet continues to grow, so too does our vulnerability to the increasingly frequent and sophisticated attacks that cybercriminals wage on businesses and consumers. We must meet these aggressive attacks with not only innovative technology and expertise, but also deeper industry and government collaboration to ensure our defence is strongest.

The harsh reality about the global nature of cybercrime is that no entity can combat it alone, as Troels Oerting the Head of EC3 commented: “This task cannot be done by law enforcement alone, and requires a much broader approach.”

This agreement will see McAfee and EC3 increase the defence against our adversaries through engagement in joint operations to address identified cybercriminal campaigns, the sharing of best practices, and, in a step moving beyond just tactical engagement, the sharing of non-operational technical data as it relates to cybercrime.

At McAfee we strongly believe in the importance of a public-private partnership, and with the McAfee Labs team made up of more than 400 researchers across 30 countries analyzing data from millions of sensors, we work hard to deliver expert insight that enables law enforcement to stop cyber criminals in their tracks.

Our mission at McAfee is to give everyone the confidence to live and work safely and securely in the digital world. I believe this partnership further demonstrates our commitment and, importantly, our ability, to deliver on this mission.

Europol signing2

Troels Oerting and Raj Samani

 

Connect with me on Twitter:  @raj_samani

About the Author

Raj Samani

Raj Samani is Chief Scientist and McAfee Fellow for cybersecurity firm McAfee. He has assisted multiple law enforcement agencies in cybercrime cases, and is a special advisor to the European Cybercrime Centre in The Hague. Samani has been recognized for his contribution to the computer security industry through numerous awards, including the Infosecurity Europe hall ...

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