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Global Initiative Takes On Cyber Criminals D-38 freeware 0 12:49

Filename Global Initiative Takes On Cyber Criminals
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Global Initiative Takes On Cyber Criminals

One of the largest international consultations into cybercrime has been launched to help governments, law enforcement and businesses prepare to tackle future technological threats.

Project 2020, a study by the International Cyber Security Protection Alliance (IACPA) and led by Europol, will analyse current trends in cybercrime and how they could evolve over the next eight years and beyond. The study includes partners from Europe, Far East Asia and Australia, and includes the Ministry of Home Affairs (MHA) in Singapore.

The past two years have seen the industrialisation of cybercrime, where criminals can draw on an entire supporting infrastructure of criminal service providers – from web hosting to generating credit card verifi cation data. There has also been a sharp increase of targeted cyber attacks on individuals, so-called “spearfi shing”, according to the IACPA.

“During the past 24 months, critical infrastructure in countries around the world has been under daily cyber attack from both organised criminal networks and state-sponsored entities,” says John Lyons, chief executive of the International Cyber Security Protection Alliance (ICSPA).

Europol expects these threats to evolve rapidly. Dr Victoria Baines, strategic advisor on cybercrime at Europol, said: “Cloud computing services mean that we don’t always know to whom we are entrusting our data. The ‘internet of things’ could see the hacking of medical devices and key infrastructure components.

“With two-thirds of the world yet to join the internet, we can expect to see new criminals, new victims and new kinds of threats.”

The project will combine leading law enforcement agencies’expertise with that of the ICSPA’s members, organisations and professional communities.

The European Commission recently designated Europol as its information hub on cybercrime and tasked the agency with establishing the European Cybercrime Centre (EC3). Also contributing to the study will be the City of London Police and the European Network and Information Security Agency (ENISA).

Among the businesses joining Project 2020 are payment services firm Visa Europe, the UK’s largest home shopping retailer Shop Direct Group, customer insight and fraud prevention services firm Transactis and logistics company Yodel. They will be joined by seven of the world’s leading cyber security companies: McAfee, CGI Canada, Atos, Cassidian, Digiware, Core Security Technologies and Trend Micro.

It will also include the International Information System Security Certification Consortium (ISC) and the International Association of Public Prosecutors.

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