By Marcus Leach
A new organisation, The International Cyber Security Protection Alliance (ICSPA), has been set up in a bid to fight cybercrime on a global scale.
Prime Minister David Cameron has welcomed the alliance that unites governments, international businesses and law enforcement agencies.
As well as Europol signing up, leading companies such as McAfee and Trend Micro have come on board.
"Our government has already injected an additional £650m to help improve our national infrastructure and protect against cybercrime, but the very nature of this threat calls for more than a national response; it demands a truly global response and that is what the International Cyber Security Protection Alliance is all about," Mr Cameron said.
The organisation will be a non-profit one, and as well as aiming to fight cybercrime it will invest in training, and build a international exchange of expertise.
"ICSPA's goal is to improve international law enforcement capability and capacity to help protect businesses and their customers against this unprecedented threat," Mr Cameron said.
It is expected the organisation will be funded by the EU and various governments.
"Cybercrime is a truly global problem and to tackle it we need strong partnership between countries and across private and public sectors," Crime Prevention Minister James Brokenshire said.
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