Europe’s new Cybercrime Centre (EC3) opens for business

Categories: Trusted Identity

The European Cybercrime Centre officially opened its doors this month based at the European Police Office in the Netherlands. According to a BBC report cybercrime in europe is estimated to cost €1.5 billion. The EC3′s focus is on illegal online activities carried out by organized crime groups — especially attacks targeting e-banking and other online financial activities, online child sexual exploitation and crimes that affect the critical infrastructure and information systems in the European Union.

Its five main functions are:

  • Data Fusion – collecting and processing information on cybercrime
  • Operations – Supporting investigations and facilitating law enforcement across the EU member states
  • Strategy – Producing threat analysis, trends, forecasting etc.
  • R&D/training – working with European police (CEPOL), raising awareness and developing new forensic tools
  • Outreach – working with the private sector and relevant industry bodies to share information

EC3

I see this as a really good initiative particularly as individual countries in Europe are often left to their own devices to fight cybercrime which may have its roots elsewhere. In addition, a common centre will also increase collaboration between all the countries and allow them to share information. Information sharing has become one of the key weapons against cybercrime.

Of the five functions listed, I believe the last one on outreach is going to be the most significant. Information sharing between government agencies may happen to an extent, but we all need to share information including the private sector. And, although this is something that many countries in Europe including the UK have tried to put in place, a central unit in Europe that works closely with the private sector to understand the threat landscape and share data is definitely a big step in the right direction.

Rashmi Knowles
Author:

Rashmi is Chief Security Architect at RSA, The Security Division on EMC. In her role Rashmi is responsible for Technology and Compliance Solutions for the EMEA region. Her current responsibilities include working with customers in a Trusted Advisor role, Thought Leadership for emerging technologies and key spokesperson in the region for RSA’s Virtualisation and Cloud strategy and Compliance Solutions and a subject matter expert on Data Loss Prevention and Encryption Solutions. Rashmi has over twenty years experience in data communications, mobile communications and has focussed on Information Security for the last 15 years. Rashmi holds a degree in Computer Science from the De Montfort University and a Post Graduate in Computer Studies from the University of the South Bank, London. Subscribe to Rashmi's RSS feed