FireEye and Europol join forces on cyber-crime detection

IT security company FireEye is the latest company to sign a memorandum of understanding with  Europol's European Cybercrime Centre (EC3).

The agreement enables the two organisations to exchange knowledge and expertise to assist with the early detection of cyber-crime as well as trends and statistics.

"Law enforcement and private industry need to work together to effectively combat cyber-crime, a growing problem on a global scale," said Wil van Gemert, deputy director for operations at Europol.

"The MoU with FireEye further strengthens our strategic cooperation with industry partners to target the criminals behind these crimes."

The deal entails FireEye providing cyber-security skills and expertise while Europol tracks down criminals and arrests them.

FireEye European president Richard Turner said: “The threat landscape is changing every day and organisations need to try and stay one step ahead of the attackers. 

“Working with Europol means that, as well as granting early access to FireEye's threat intelligence, FireEye will be able to respond to requests for assistance around threats or technical indicators of compromise to assist Europol in combating the ever-increasing threat from cyber criminals,” he added.

Back in June, Barclays Bank signed a similar memorandum of understanding with Europol to help collaborate with the law enforcement agency. Barclays' group chief information security officer Troels Oerting, who previously led EC3.