Businesses must work more closely with the police in order to help fight off growing numbers of cyber attacks targeting their systems and data, Metropolitan Police Central eCrimes Unit head Charlie McMurdie has urged.
McMurdie said a lack of resources in the public sector means firms needs to help the police battle back against criminals, during a speech at Infosec on Wednesday.
"We can always do more and I wish I had three-to-four times the capability I've currently got, as at the moment I can only service so much of the demand coming in from industry," she said.
"We're doing an awful lot, but we still could do a lot more and that's why I talk about working together to build trusted relationships for intelligence sharing, but also for a stronger response to what's happening. It's no good victims saying 'I've got a problem sort it out for me', we need to work together to fight cybercrime."
McMurdie said there was a pressing need to address the growing cyber threat as the number of financially focused attacks targeting UK industry is increasing.
"For law enforcement it's primarily groups mounting attacks looking for financial gain that gets reported," said McMurdie. "We're seeing far more financial attacks being used for criminal gain, both for high value and low value crime. Whether it's phishing or malware type crimes, the majority of crime we see is for financial gain and it's causing the UK economy damage."
McMurdie said the PCeU is already working to forge partnerships with British industry to help the government's on going efforts to increase attack data information sharing between Britain's public and private sector.
"I shout about how I have a cracking team of guys working for me and how they've done a great job because of their relationship and partnerships with industry. These relationships let us get £30m out of the government two years ago, based on some cases we took on that showed a 25 percent return on investment," she said.
"By working with industry forging relationships with academia with the financial sector, we've tipped over that billion pound saved mark within two years. With that figure I can justify putting £100,000 worth of [police resources] towards investigating a DDoS attack or an attack on the banking sector, knowing it will lead to a return in investment.
McMurdie's comments mirror those of UK minister for Universities, David Willetts, who issued a similar call-to-arms for businesses to work more closely with the government to tackle cyber crime during a keynote speech on Tuesday.
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