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FireEye Assists Europol Detect Cyber Crime

Europol’s European Cybercrime Center (EC3) has concluded a Memorandum Of Understanding (MoU) with FireEye, Inc. to allow for the exchange of knowledge and expertise on cyber crime, mainly in the areas of early detection of cyber crime threats and statistics on trends.

Europol Deputy Director of Operations Wil van Gemert said, "Law enforcement and private industry need to work together to effectively combat cyber crime, a growing problem on a global scale. The MoU with FireEye further strengthens our strategic cooperation with industry partners to target the criminals behind these crimes."

“The threat landscape is changing every day and organizations need to try and stay one step ahead of the attackers," saidRichard Turner, president of the Europe, Middle East and Africa at FireEye. Working with Europol means that, as well as granting early access to FireEye’s threat intelligence, FireEye will be able to respond to requests for assistance around threats or technical indicators of compromise in order to assist Europol combating the ever-increasing threat from cyber criminals.”

FireEye has invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks. These highly sophisticated cyber attacks can circumvent traditional signature-based defenses, such as next-generation firewalls, IPS, anti-virus and gateways. The FireEye Threat Prevention Platform provides threat protection without the use of signatures to protect an organization across the primary threat vectors and across the different stages of an attack life cycle.

FireEye has over 3,700 customers across 67 countries, including 675 of the Forbes Global 2000. A recent Frost & Sullivan report recognized FireEye as the leading vendor in the network security sandbox market. Network security sandbox technologies, which execute and analyze suspicious software in a controlled environment, use sophisticated algorithms to detect and validate previously unseen attacks missed by signature-based detection technologies. A half billion market in 2014, the network security sandbox segment is expected to grow to $3.5 billion by 2019, with an average compound annual growth rate of 45.6 percent from 2014-19.

EC3 in The Hague, Netherlands will host the third Europol-INTERPOL cyber crime conference from September 30 to October 2. The three-day event will bring together around 350 top executives of cyber crime units from around the world to discuss the latest cyber crime threats and trends, as well as the practical aspects of recent cyber crime cases. One of the topics to be discussed is the recent cyber crime revolution in Africa. The first two days of the conference are open to representatives from all sectors, whilst the final day is restricted to law enforcement only.

Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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