NTT Security, the specialised security company of NTT Group, has signed a Memorandum of Understanding (MoU) with Europol’s European Cybercrime Centre (EC3). This latest move forms part of its commitment to sharing its strategic threat intelligence with industry partners and law enforcement agencies to prevent cybercrime globally.
The new MoU defines a framework for NTT Security and Europol to exchange strategic threat intelligence as well as information relating to cybersecurity trends and industry best practice. Trust building through public-private sector partnerships is a priority for NTT Security as it looks to enhance its relationship with EC3 which now includes NTT Security’s Global Threat Intelligence and Incident Center (GTIC)
As part of the agreement, NTT Security will support EC3’s mission to strengthen the law enforcement response to cybercrime, engage on a range of pertinent areas including input to the annual Internet Organised Crime Threat Assessment (IOCTA), Europol’s flagship strategic report on the emerging threats and developments in cybercrime and the key recommendations to law enforcement, policy makers and regulators to allow them to respond to cybercrime in an effective and concerted manner.
On the signing of the MoU, Kai Grunwitz, Senior Vice President EMEA at NTT Security, said: “Europol works on all aspects of cybercrime – from botnet takedown and spear phishing, right through to cryptomining, cryptojacking and the dark web – and therefore relies on collaboration with private sector security specialists like NTT Security for enhanced strategic threat intelligence. Our partnership with Europol reinforces the critical role that threat intelligence plays in the fight against cyberattackers and how, by working together, we can make the digital world safer for individuals, businesses and governments.”
The Head of Europol’s EC3, Steven Wilson, said: “As criminals increasingly threaten citizens’ and businesses’ digital lives, it is vital for the law enforcement community to work closely with the global industry players to create a safe environment on the Internet. We are honoured to collaborate with one of the top global telecommunication players to fight cybercrime. I am confident that the high-level of technical expertise that NTT Security will bring will result in a significant benefit to our work. Working in cooperation of this type between Europol and industry is the most effective way in which we can hope to secure cyberspace for European citizens and businesses.”