McAfee has announced its ‘Initiative to Fight Cybercrime' which is calling for action to deliver more effective investigations and prosecutions of cybercrime.


The company is calling on law enforcement, academia, service providers, government, the security industry and society at large to action by forming a Fight Cybercrime Advisory Council, an Initiative to Fight Cybercrime Grants program and Cybercrime Response Unit.


The council will be chaired by former White House Cybersecurity Adviser Howard A. Schmidt, along with professors Ian Brown of Oxford University and Lillian Edwards of Sheffield University along with Parry Aftab, founder and manager of WiredSafety.


Key elements of its plan to fight cybercrime include Education and Awareness to help users avoid being victims, to work with the technology industry to provide solutions and to facilitate international collaboration, and mutual assistance on cybercrime among governments, industry and non-governmental organizations (NGOs).


The Cybercrime Response Unit will provide help assessing cybercrime situations including advice on what evidence to gather for law enforcement to bring a case, and refer victims to the appropriate law enforcement agencies, credit agencies, support agencies, and other organizations.


The grant program will aim to support innovative thinking and concrete, measurable accomplishments in key areas of McAfee's Multipoint Strategy to Fight Cybercrime. Programs that qualify for grants include those that demonstrate successes in fighting cybercrime or educating on cybercrime.


Finally a ‘Cybercrime Fighter Award' scheme will be given to an individual who has exemplified outstanding leadership in the global effort to combat cybercrime.


Dave DeWalt, McAfee president and chief executive officer, said: “Cybercrime is a growing problem that negatively impacts everybody. While a lot has been done to combat cybercrime over the past decade, criminals still have the upper hand. The chances of getting caught for knocking off a convenience store are several times larger than robbing an online bank. This must change.”