Collaboration between police and businesses needed 'to stem cybercrime'

Organised criminals in the UK are relying on a lack of partnership between public and private sectors, says an expert.

Businesses and police forces need to adopt collaborative technology in order to combat the growing threat of organised crime and fraud, a cybercrime expert has warned.

David Carrick, CEO of Memex, a developer of intelligence management software, says organised criminals now represent a 'multi-billion pound industry', necessitating that companies rethink how information is stored and shared.

"Organised crime is on the up in the UK, whether it is online banking scandals, credit card details getting into the wrong hands, as with the recent TK Maxx incident, or corporate fraud," said Carrick. "These crime groups are acting like multi-national companies and relying on the fact that there is a lack of partnership and information sharing between government, law enforcement and business."

Better sharing of information could deter criminals, who are as likely to be working on the inside of the company as not, he said, citing a recent KPMG study on fraud which reported that a large proportion of perpetrators are senior managers whose status in the company makes it easier for them to bypass internal controls.

"For a collaborative approach to be successful and to encourage more businesses to adopt a culture of data sharing, commercial organisations need to be educated on the IT systems and procedures they can put in place to monitor and track crimes internally," said Carrick. "This can go towards fostering a successful relationship with the police and better use technology to stay ahead of the game."

The burden of protecting companies from computer crime is falling on the shoulders of the IT manager, said Christopher Painter, deputy chief of the Computer Crime and Intellectual Property Section at the US Department of Justice, and a regular conference speaker on cybercrime issues.

"As we become more interconnected, attacks are at an all time high with new and innovative threats being developed and executed," he said. "Increasingly, the burden of protecting companies is falling on the technology head."

Featured Resources

How inkjet can transform your business

Get more out of your business by investing in the right printing technology

Download now

Journey to a modern workplace with Office 365: which tools and when?

A guide to how Office 365 builds a modern workplace

Download now

Modernise and transform your sales organisation

Learn how a modernised sales process can drive your business

Download now

Your guide to managing cloud transformation risk

Realise the benefits. Mitigate the risks

Download now


internet security

Avast and AVG extensions pulled from Chrome

19 Dec 2019

Google confirms Android cameras can be hijacked to spy on you

20 Nov 2019
agile working

Why collaboration platforms are so hard to deploy

29 Apr 2019

Most Popular

cloud computing

Google Cloud snaps up multi-cloud analytics platform for $2.6bn

13 Feb 2020

How to use Chromecast without Wi-Fi

5 Feb 2020
operating systems

How to fix a stuck Windows 10 update

12 Feb 2020
cyber attacks

Apple Mac malware detections overtake Windows the first time

11 Feb 2020