Trend micro to tackle cybercrime

The latest efforts to curb a strand of hi-tech criminality that costs the global economy hundreds of billions of euro each year have strong connections to cork business.

Trend micro to tackle cybercrime

Security software firm trend micro, which has its european headquarters in cork, yesterday announced a three-year deal with interpol to help the international police organisation tackle cybercrime.

The agreement will see trend micro assist interpol and its 190 member countries with additional knowledge, resources and tactics to decrease cybercrime on a global scale, the company said.

“We are proud to support interpol in their vital role combating cybercrime across the globe.

“Our partnership with interpol will provide tools, training and human resources to strengthen their team’s capability to fight criminal activity,” said trend micro enterprise security director simon walsh.

Cork-based robert mcardle from trend micro’s forward threat research team will give a presentation detailing the application of the company’s technology in cybercrime investigations at the joint interpol-europol cybercrime conference that will take place in singapore from today until friday.

Research compiled earlier this year by mcafee, another global software-maker with a presence in cork, put a conservative estimate of $400bn (€316bn) on the cost of cybercrime to the global economy while business advisory firm grant thornton estimated the cost to the irish economy at greater than €600m.

The partnership consists of four main components including: allowing interpol access to threat information retrieved from trend analysis; supporting cybercrime training; providing a threat research specialist to the police agency; and internal use of a range of trend micro products.

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