Saturday, 19 January 2013

Europe creates a Cybercrime Centre (EC3)

This month the European Cybercrime Centre (EC3) opened in the Hague at Europol.  EC3 will be the focal point in the EU’s fight against cybercrime, contributing to faster reactions in the event of online crimes. It will support Member States and the European Union’s institutions in building operational and analytical capacity for investigations and cooperation with international partners.

EC3 is hosted by Europol, the European law enforcement agency and can draw on Europol’s existing infrastructure and law enforcement network.  No crime is as borderless as cybercrime, requiring law enforcement authorities to adopt a coordinated and collaborative approach across borders, together with public and private stakeholders alike. It is here that EC3 will add significant value. 

Part of EC3's remit is to tackle payment card fraud, which of course has an impact on the ATM Industry.  As part of cross-border cooperation between the private and public sectors, the European ATM Security Team (EAST) provides private sector cross-border intelligence and statistics to Europol.  Founded in 2004 and with national representation from 29 countries, EAST will be holding its first Financial Crime and Security (FCS) Forum in June 2013 at the World Forum in the Hague.  This is open to all ATM stakeholders globally.

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