Posted on 23 September 2014. The European Banking Federation (EBF) and Europol's European Cybercrime Centre (EC3) signed a Memorandum of Understanding (MoU) which paves the way for intensifying cooperation between law enforcement and the financial sector in the EU.
http://www.net-security.org/images/articles/europol-agreement.jpg
With the increasing 'cyberisation' of crime affecting the financial sector, closer cooperation between the EBF and EC3 is expected to have positive results in preventing and fighting the crimes of tomorrow, including increasingly sophisticated phishing techniques and the spreading of a multitude of banking malware variations/permutations. Both organisations facilitate the connection of essential partners: the EBF links leading financial institutions together and EC3 links cybercrime divisions of police forces in the EU Member States. Full Article
European banks and Europol join forces to fight cybercrime
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Thank Heavens something has to be done, cyber-crime is moving at a alarming rate, we need to join forces to cope with these issues.
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