Europol and Palo Alto Networks have signed a Memorandum of Understanding to expand their collaborative efforts in combating cybercrime and working together to make cyberspace safer for citizens, businesses and governments.
The agreement builds on the already established cooperation between Europol’s European Cybercrime Centre (EC3) and Palo Alto Networks, a member of EC3’s Internet Security Industry Advisory Group since early 2017. It will include the exchange of threat intelligence data and details of cybercrime trends, as well as technical expertise and best practices. The cooperation will be reinforced with the exchange of dynamic cyber threat intelligence. An important focus of this intelligence exchange is extending the knowledge on new adversary behaviors, malware families and attack campaigns around the world.
Greg Day, vice president and chief security officer, EMEA, Palo Alto Networks, commented: “Cyber threats aren’t bound by borders, so we can’t afford to be siloed when it comes to tackling them either. International cooperation like this is important because we can have far more impact by working together.”