Private-Public-Partnerhip against Cybercrime and Financial Fraud

ended

P3 CyberFraud project is to take a giant leap forward in Private-Public-Partnership (P3) in EU against financial fraud and cybercrime. Cybercrime and online fraud is rising in all EU countries and the cross-border nature of cybercrime requires new approaches of private companies and the Law Enforcement (LEA) to find new ways to both prevent and investigate cybercrime and fraud. As Organized Crime Groups (OCGs) respect no jurisdictional borders, and as information and evidence needed in investigations is in many cases located in multiple jurisdictions in EU and beyond, new networks and transnational partnerships must be established. The project is an initiative to foster Law Enforcement and private sector (PS) partnership in Europe by organizing joint trainings for Law Enforcement and PS fraud prevention professionals, webinars, establishing working groups (WGs) and a P3 secondment program against specific problems and enabling Law Enforcement officers to liaise with relevant stakeholders of the private sector. The applicants will organize several activities during the project. The project will begin in 01.01.2019 and continue until 31.12.2020, lasting 24 months. With these activities we plan to join more than 200 LEA from all EU Member States to more than 200 PS cybercrime and fraud specialists, resulting in enhancing cooperation in operational cases and investigations. We expect to facilitate more than 100 operational cases within the project. As evidence in cybercrime and fraud investigations is nowadays located in PS companies’ servers in multiple jurisdictions, the project will facilitate the exchange of evidence by legal means by increasing understanding and contacts between LEA and the PS in Europe. As private companies have high quality analyzing software to find new criminal hotspots much quicker than most LEA in EU, the project will greatly enhance the probability of the LEA in EU to have a better intelligence picture in EU. The consortium is requesting for prolonging the project. Due to COVID-19 events and training sessions for spring 2020 were either postponed or cancelled altogether. The Consortium would like to run these events with the prolonged project period - either in real life or virtually. There is a clear need for the events organised within this project.