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FireEye latest security firm to join forces with Europol

Law enforcement and private industry need to work together to effectively combat cyber crime, says Europol as it signs an MoU with another cyber security firm

Security firm FireEye is the latest cyber security firm to sign an memorandum of understanding (MoU) with Europol's European Cybercrime Centre (EC3).

The MoU allows for the exchange of knowledge and expertise on cyber crime, mainly in the areas of early detection of cyber crime threats and statistics on trends.  

Europol deputy director of operations Wil van Gemert said: "Law enforcement and private industry need to work together to effectively combat cyber crime, a growing problem on a global scale. 

“The MoU with FireEye further strengthens our strategic co-operation with industry partners to target the criminals behind these crimes,” he added.

FireEye European president Richard Turner said: “The threat landscape is changing every day and organisations need to try and stay one step ahead of the attackers. 

“Working with Europol means that, as well as granting early access to FireEye's threat intelligence, FireEye will be able to respond to requests for assistance around threats or technical indicators of compromise to assist Europol in combating the ever-increasing threat from cyber criminals,” he added.

In recent years, several information security firms have signed MoUs with EC3, including AnubisNetworks, Group-IB, Intel Security, Kaspersky Lab, Symantec, Trend Micro and Microsoft’s Digital Crimes Unit.

Banks are also signing MoUs with EC3 to strengthen and expand co-operation in combating cyber crime that specifically impacts the financial sector.

The most recent financial sector MoU was signed with Barclays, which since the beginning of 2015 has had as it group chief information security officer Troels Oerting, who previously headed up EC3.

“The financial services industry is going through a period of change driven by technological developments that is creating both opportunities and challenges for banks,” said Oerting.

He said Europol has long played an active role in combating cyber attacks and that by signing an MoU, Barclays will be able to collaborate with EC3 in the fight against cyber crime. Other banks to sign MoUs with EC3 include Citibank and members of the European Banking Federation.

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