The International Police Organization (INTERPOL) and Palo Alto Networks recently signed an agreement at the INTERPOL Global Complex for Innovation (IGCI) in Singapore that will increase collaboration between the two organizations on cybercrime issues.
The agreement provides a framework for threat information exchange, especially data related to criminal trends in cyberspace, cyberthreats, and cybercrime.
“Tackling cybercrime is not something which law enforcement can do in isolation,” Noboru Nakatani, executive director of the IGCI, said. “Cooperation with the private sector is essential if we are to effectively combat this global phenomenon.”
An expert from Palo Alto Networks’ threat intelligence team will be assigned to work with the IGCI.
In April, seven private-sector companies, including Palo Alto Networks, participated in an INTERPOL-led operation targeting cybercrime across the ASEAN region. This resulted in the identification of almost 9,000 command-and-control servers and hundreds of compromised websites that included government portals. Information provided by the private sector and participating countries enabled INTERPOL’s Cyber Fusion Centre to produce 23 Cyber Activity Reports.
“Cybercrime represents a significant amount of risk for businesses and organisations today,” Sean Duca, Palo Alto Networks’ vice president and regional chief security officer for Asia-Pacific, said. “This collaboration marks a mutual commitment to information sharing, which is necessary in preventing successful cyberattacks. Together with INTERPOL, we can continue to raise awareness and educate business leaders and reduce the collective cybersecurity risk over time.”