This week sees the launch of the International Cyber Security Protection Alliance (ICSPA).
It said that its mission is to enhance the online safety and security of business communities by helping to deliver resources and expertise from the private sector, to support both domestic and international law enforcement agencies in their task of reducing harm from cyber crime.
This will include raising public sector funding from governments and institutions that wish to help increase the capacity and capability of cyber crime units in countries which face the greatest challenges. Chaired by former Home Secretary David Blunkett MP, it counts McAfee, Core Security Technologies, Trend Micro and Visa Europe among its members.
In welcoming the launch of the ICSPA, Prime Minister David Cameron MP, said: “Our government has already injected an additional £650m to help improve our national infrastructure and protect against acts of cyber crime. However, by the very nature of this threat calls for more than a national response; it demands a truly global response.
“By forging new relationships between businesses, governments and law enforcement officers all over the world by investing in new training and by building an international exchange of expertise, the ICSPA is forming a network powerful enough and wide enough to face down cyber crime. “
Raj Samani, vice president and chief technology officer of McAfee Europe, said: “We are demonstrating our commitment to the fight against cyber crime through our support of the ICSPA. We firmly believe that to fight international cyber crime, greater cooperation and collaboration is needed. This is exactly what this organisation is championing and why we have partnered with the ICSPA. ”
John Lyons, chief executive of the ICSPA, said: “This unique initiative combining business expertise and resources to work closely with governments in support of law enforcement in their fight against cyber crime globally, is probably our best chance of taking on cyber crime groups who feel they have free reign to do what they like on the internet with little risk of being apprehended or disrupted.
“Today, is just the beginning of a wider business-led response to bringing about a safer and more secure internet experience for all of us.”
Malcolm Marshall, UK head of information security at KPMG, said: “The cost and complexity of pursuing cyber criminals across borders often deters companies from taking action. This, and the increasing volume of globally-distributed attacks, is making the case for a 'cyber space Geneva convention' stronger than ever.
“However, the harmonisation of international cyber laws, whilst ideal, is still a long way off. In the meantime, organisations need to improve basic security standards, protocols and intelligence to ready themselves for inevitable attacks.
“On the prevention front, funding for law enforcement must be met in equal measure by funding for educational programmes attracting young gifted hackers away from criminal or even terrorist gangs.”