The new alliance is being headed by the INTERPOL Global Complex for Innovation (IGCI) in Singapore. And it will see the two organizations develop a coordinated and focused approach to data sharing. This not only will allow for quick threat detection around the world, but also pave the way for potential future collaboration on training and knowledge sharing.
“The exchange of information and expertise between the public and private sectors is vital in combating cybercrime. No country or company can do this alone. INTERPOL's agreement with Cisco provides us, and law enforcement in our 192 member countries, with access to important cyber-threat information which will help us not only detect attacks but also help prevent them,” said Noboru Nakatani, IGCI executive director.
Cisco's agreement with INTERPOL supports the organization's programs targeting both "pure cybercrime" and cyber-enabled crimes to assist member countries with identifying cyberattacks and their perpetrators.
Executives at Cisco said that as cybercrime continues to escalate around the world, defenders from both the public and private sectors must meet the threat with equal force.
“Visibility and comprehensive threat intelligence across the cyber domain are critical to enable detection, analysis, and protection against emerging threats. We are pleased to collaborate with INTERPOL to exchange threat intelligence and find other knowledge-sharing opportunities to fight cybercrime globally,” said John Stewart, senior vice president and chief security and trust officer, Cisco.
Naveen Menon, president of Cisco, Southeast Asia, said, "This agreement, signed in Singapore, demonstrates the country's growing importance in the Asia Pacific region and on the world stage as a center for battling cybercrime and driving cybersecurity innovation. We are part of a diverse region with differing levels of technological maturity. This initiative represents an important step in creating a unified strategy to reduce digital risks and enable economic growth without the fear of digital threats and attacks."