London, UK - 2nd December 2008 - The Information Security Awareness Forum (ISAF) has welcomed news that the European Union has adopted the European Commission's strategy on cybercrime agenda.
"Newswire reports suggest that the EU has adopted the EC's strategy on electronic crime and is calling for improved co-operation between firms and law enforcement agencies," said Dr. David King, ISAF's chairman.
"This is excellent news, as the five year rolling plan will give businesses, as well as the Police and other enforcement agencies, a solid chance to get to grips with this increasingly oppressive Internet-related problem," he added.
According to Dr. King, the game plan is to create an early warning system for firms to report on cybercrimes, and share this information with other businesses, as well as the relevant law enforcement agencies, including Europol, the European inter-Police force agency.
The big question, he said, centres on the level of budgets that are being allocated to the initiative, as the figures reported so far appear to be a little on the low side.
"This is a good start, however. I suspect that, once the various agencies begin to get to get their teeth into the problem, that the EU - and other relevant bodies - will increase the budgets available. This has to be done, if we are to seriously tackle this increasing and revenue-sapping problem for businesses and consumers alike," he said.
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