Proposed Cybercrime Centre 28 March 2012

The European Commission has proposed a €3 million Cybercrime Centre, to help EU states' investigations into cyber crime and to map online organised crime.
 
Rob Cotton, CEO of information assurance firm NCC Group, comments:
 
"Cybercrime is an international threat that requires an international response, so it's certainly encouraging to see investment in Europe-wide counter measures.
 
"More can always be done, however. The Cabinet Office last year claimed that cyber crime costs the UK economy alone £27 billion annually, so the €3 million figure earmarked for this project isn't necessarily that impressive.
 
"For the investment to pay off it will be vital for the new Cybercrime Centre to maintain strong links with industry as well as academics, and for truly coordinated action to take place across the EU.
 
'The information security landscape is in constant evolution, and an effective counterforce to cyber criminals must be as agile and dynamic as the perpetrators."