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October 4, 2009

McAfee expands Cybercrime Initiative

To address critical infrastructure protection

By CBR Staff Writer

McAfee has expanded its Initiative to Fight Cybercrime, extending the program to address critical infrastructure protection. In expanding the initiative, McAfee has developed a multi-point plan that focuses on several critical and available industries including the energy sector, telecommunications and transportation.

Energy has been identified as the biggest target for cybercrime, according to Energy Insights survey, 2008. According to McAfee, in the telecommunications sector, the end users can cause considerable damage to the network, or use the network to bring damage to other sectors and in the transportation sector, an attack has the potential to bring the US economy to a halt.

McAfee’s multi-point plan aims to provide a framework that will focus on three core areas: law and policy, education and awareness, and research and innovation. The company said that it will work to help both government and industry understand the value of public/private partnerships, providing technical, business process and policy advice to leaders in both the executive and legislative branches of government.

Dave DeWalt, president and chief executive officer of McAfee, said: “The time is right to act, and both the public and private sectors have recognised the urgency to secure their nations’ infrastructures. McAfee embraces the protection of not only people and companies from online threats, but to whole industry sectors and to governments charged with protecting the infrastructure upon which their nations rely.

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