On November 20, Cisco and Interpol took a step forward in their battles against cybercrime by forming a partnership that will see them intensify the fight against cybercrime. According to Cisco’s statement the alliance will see the two organizations develop a coordinated and focused approach to data sharing.
“The exchange of information and expertise between the private sectors is vital in combating cybercrime,” said the executive director of Interpol Global Complex for Innovation (IGCI), Noboru Nakatani.
He continued to say that; “Interpol’s agreement with Cisco provides us, and law enforcement in our 192 member countries, with access to important cyber threat information which will help us not only detect attacks but also help prevent them.”
According to Cisco, the agreement with Interpol supports the organization’s programs targeting both “pure cybercrime” and cyber-enabled crimes to assist member countries with identifying cyber-attacks and their perpetrators. Through the Cisco Talos, Cisco’s intelligence group, Cisco said it blocks 19.7 billion threats a day.
“As cybercrime continues to escalate around the world, defenders from both the public and private sectors must meet the threat with equal force,” said John N. Stewart, Senior Vice President and Chief Security and Trust officer at Cisco.
“Visibility and comprehensive threat intelligence across the cyber domain are critical to enable detection, analysis, and protection against emerging threats. We are pleased to collaborate with Interpol to exchange threat intelligence and find other knowledge-sharing opportunities to fight cybercrime globally,” Stewart added.
Interpol has formed more collaborations with the private sector in its attempts to share threat intelligence and combat cybercrime. In October Interpol signed a new agreement with Kaspersky Labs aimed at sharing threat intelligence data on the latest cybercrime activities. The agency also signed an agreement with British Telecom (BT) to increase cooperation between the two organizations to prevent and combat cybercrime. Earlier this year Interpol led BT, Kaspersky Labs and other private sector companies in an operation targeting cybercrime in the ASEAN region. The operation uncovered nearly 9,000 command and control (C2) servers, which were used to launch Distributed Denial of Service (DDOS) attacks and spread malware, ransomware and spam. Hundreds of compromised websites, including government portals were discovered as a result of the operation.
At the 5th annual Europol-Interpol cybercrime conference in Hague, the two law enforcement organizations pledged to form a coordinated approach to addressing threats from the dark web, identifying approaches to tackle the threat of cybercrime in a more proactive and efficient manner and to focus on coordinated prevention and awareness initiatives to increase baseline cyber security and nurture the skills and expertise needed to ensure a safer cyber space.