Amid the fanfare at the World Economic Forum (WEF) in Davos, Switzerland, last week, organizers announced the launch of the Global Centre for Cybersecurity beginning in March.
Located in Geneva, Switzerland, the public-private partnership will address the ever-growing threat of cyber-crime that it says costs the world about $445 billion each year.
“Cyber-attackers are constantly inventing ways to execute their crimes and do so very quickly,” according to the forum’s website. “The forum cybercrime project seeks to create a unified and balanced approach between the public and private sectors, and deliver a set of common, implementable measures.”
Department of Homeland Security (DHS) Secretary Kristjen Nielsen said she was committed to work with the new center.
“Under Secretary Nielsen’s leadership, DHS is taking an increasingly active role in protecting the American people from the range [of] cybersecurity threats, whether state or nonstate based,” noted a DHS press release. “Recognizing that an organization’s risk doesn’t end at the network’s edge, among other efforts, DHS is prioritizing expanded information sharing with the private sector.”
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