Intel has joined the National Cybersecurity Center of Excellence (NCCoE), a private-public partnership that works jointly with professionals in technology industry, academia and government to deal with business cyber security concerns.
Created by the National Institute of Standards and Technology (NIST) and the State of Maryland and Montgomery County, NCCoE is also joined by 10 other firms including Cisco, HP, HyTrust, McAfee, Microsoft, RSA, Splunk, Symantec, Vanguard and Venafi.
Intel Federal president Dave Patterson said: "The complexity of the global Cybersecurity threat environment requires the best thinking and innovation of the public and private sectors to develop the open standards and best practises to address this daunting challenge."
NCCoE aims to enable shared cybersecurity best practises, tools and solutions to cut down risk and improve trust in national IT systems, electronic communications and transactions.
Surveys reveal that in 2011 over 174 million records were compromised in breaches and technical errors globally, which cost businesses billions of dollars, posing a threat to national security and reducing consumer privacy and confidence.
Intel stressed that Cybersecurity was a challenge for firms large and small, in addition to private and public institutions, states and even the federal government.