Europol teams with Cyber Defence Alliance to fight fraud
Europol’s European Cybercrime Centre (EC3) has signed a memorandum of understanding (MoU) with the Cyber Defence Alliance (CDA) to address cyber threats affecting the banking and financial sector.
The involved parties will exchange expertise such as statistical data, technical information or trends related to cybercrime and cooperate with each other when implementing projects.
The MoU was signed by Maria Vello, CEO of the CDA; and head of EC3, Steven Wilson, in The Hague.
“EC3 adds a whole new dimension to the CDA to help enable our mission and to take a proactive approach to tackling cybercrime at all levels of this miscreant ecosystem of shared criminal services. Through our cooperative efforts we will be able to help ensure a safer cyber future,” says Maria Vello, CEO of the CDA.
The CDA is a group of British-based banks and law enforcement agencies which work together to share intelligence and fight against hackers and fraudsters.
In June, we reported that Europol had brought the criminal activities of online fraudsters to an end.