McAfee, INC. launches major Cybercrime Initiative

The initiative is anchored by a multi-point plan that includes calls for action from law enforcement, academia, service providers, government, the security industry and society at large to deliver more effective investigations and prosecutions of cybercrime.

"Cybercrime is a growing problem that negatively impacts everybody. While a lot has been done to combat cybercrime over the past decade, criminals still have the upper hand. The chances of getting caught for holding up a convenience store are several times larger than robbing an online bank. This must change."

said Dave DeWalt, McAfee President and Chief Executive Officer.

To ensure that McAfee's initiative is sustainable and fully benefits from the work that has preceded it, McAfee is creating the McAfee Initiative to Fight Cybercrime Advisory Council. This council will let McAfee harness the insights and energy of leaders who have already made a difference in this critical area.

"While cybercrime is becoming more organized, there have been solid, positive strides made. McAfee is bringing together people who are knowledgeable about cybercrime and can help make a difference in this global, sophisticated problem,"said Schmidt.

In addition to forming the Advisory Council, McAfee is also announcing a new McAfee Initiative to Fight Cybercrime Grants program and Cybercrime Response Unit.

McAfee Multipoint Plan to Fight Cybercrime
At the cornerstone of McAfee's initiative to fight cybercrime, the company unveiled a multipoint plan. Key elements of the plan include the following:

• Education and Awareness - McAfee will work to ensure that officials around the world have the capacity to properly fight cybercrime, while helping users build 'street smarts' so that they don't become easy victims.

• Legal Frameworks and Law Enforcement - McAfee will work to facilitate international collaboration, and mutual assistance on cybercrime among governments, industry and non-governmental organizations (NGOs).

• Innovation - McAfee will work with the technology industry to provide technology solutions that stay one step ahead of the threats.