Due to the ever-increasing threat of cybercrime, the European Banking Federation and Europol are teaming up to boost cooperation between the financial sector and law enforcement.
The EBF and Europol’s European Cybercrime Centre, known as EC3, this week inked a memorandum of understanding to provide closer cooperation between the two sectors. The agreement will help link the European Union’s top financial institutions through the EBF with the cybercrime divisions of police in the 28 Member States. EBF represents about 4,500 banks and financial firms.
