A few months ago, Microsoft opened up a new complex in its Redmond, Wash., campus designed to fight cybercrime activities across the world. This week, the company held its first annual Cybercrime Enforcement Summit, where it signed memorandums of understanding with three organizations that should help expand its efforts in this area.
Microsoft's press release states that one of the three groups is Europol, the official law enforcement agency for the European Union. Another group is the Organization of American States, which gathers all 34 nations from North and South America to discuss various matters, including security. The third group is FIS, the world's largest banking and payment technology company, which provides its services to over 14,000 banks and financial institutions.
Microsoft states, "The agreements establish a framework for cooperation and are intended to spur collaboration and help Microsoft work with each of the three organizations to pursue criminal enterprises engaged in cybercrime." The company recently cooperated with law enforcement authorities in an effort to shut down the ZeroAccess criminal botnet; Microsoft has been going after such botnets for the past few years.
This week's Cybercrime Enforcement Summit was attended by over 60 experts on this subject, according to Microsoft, who were able to share both technical and legal ideas to fight online criminal activities.
Source: Microsoft | Image via Microsoft