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Group-IB Joins Cyber Security Action Task Force (CSATF) Led by the Hong Kong Police Force to Combat Ransomware & Enhance Data Exchange - Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, proudly announces its participation in the newly formed Cyber Security Action Task Force (CSATF), led by the Hong Kong Police Force - Group-IB.com
Group-IB Joins Cyber Security Action Task Force (CSATF) Led by the Hong Kong Police Force to Combat Ransomware & Enhance Data Exchange

 

PRZOOM - /newswire/ - Singapore, Singapore, 2024/02/29 - Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, proudly announces its participation in the newly formed Cyber Security Action Task Force (CSATF), led by the Hong Kong Police Force - Group-IB.com.

   
 
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The task force, inaugurated on February 29, 2024, at the Hong Kong Palace Museum, marks the significant collaboration between prominent cybersecurity companies, public service providers, and law enforcement agencies to strengthen the exchange of critical cyber threat intelligence, to prevent attacks in the early stages, and to facilitate the investigations of digital crimes.

The launching ceremony, inaugurated by the Commissioner of Police Raymond Siu and witnessed by Group-IB CEO Dmitry Volkov, underscores the significant commitment to nurturing a strong public-private sector partnership in Hong Kong. CSATF brings together leading industry experts and law enforcement agencies who will collectively combat the evolving cyber threat landscape.

This collaborative effort aims to enhance the defense capacity of local organizations against cyber threats, emphasizing the need for a Hong Kong-based intelligence feed tailored to the specificities of the region. Group-IB, an active partner in global investigations led by INTERPOL Europol, and AFRIPOL has been actively engaged in providing assistance with cyber investigations and sharing crucial threat intelligence with the Hong Kong Police Force. Earlier in 2024, Group-IB had the honor of being invited to participate in the annual Cyber Command Course organized by the Cyber Security & Technology Bureau (CSTCB) of the Hong Kong Police Force. Through real-world examples of scam calls and phishing, Group-IB experts showcased strategies and solutions to combat these growing threats facing the region.

As a member of CSATF, Group-IB will actively provide cyber intelligence on threat actors and their attacks tracked by its Threat Intelligence Platform. Group-IB will also contribute intelligence on the current threat landscape in the Asia-Pacific region, with a specific focus on critical infrastructure in Hong Kong. The company’s experts will share best practices and tools from its Incident Response and High-Tech Crime Investigation units to effectively collect evidence during cyber attacks including but not limited to ransomware incidents.

CSTCB will consolidate intelligence reports from various members, integrate them with its observations on police reports and cybersecurity incidents, and subsequently share this comprehensive information promptly with local critical infrastructure organizations.

“The Cyber Security Action Task Force (CSATF) brings together the collective expertise and diversified intelligence of both public and private institutions. Led by the Hong Kong Police Force, it gathers nine leading cyber security firms worldwide. Through rapid exchange of cyber intelligence and sharing of professional knowledge, the Task Force aims to enhance the ability to cope with cyber threats in the future.”
Mr SIU Chak-yee, Raymond - Commissioner of Police

“Intelligence exchange and collaboration between public and private sectors are the cornerstones of cyber stability, and we express our gratitude to the Hong Kong Police for their trust and proactive actions in this regard. This strengthened alliance underscores our commitment to fighting cyber threats, fortifying the cybersecurity resilience of Hong Kong. Together, we not only assist in ongoing investigations but actively contribute to the proactive defense of critical infrastructure, reinforcing Group-IB’s commitment to combating cybercrime and enhancing cybersecurity in the region.”
Dmitry Volkov - CEO and co-founder of Group-IB

Asia-Pacific serves as the home region for Group-IB’s Digital Crime Resistance Centers (DCRC) in Singapore and Thailand. Other Group-IB’s Digital Crime Resistance Centers (DCRCs) are located across the Middle East, Central Asia, and Europe. Digital Crime Resistance Centers help to critically analyze and promptly mitigate regional and country-specific threats. These centers are staffed with highly-experienced researchers who are tasked with investigating cybercrimes, responding to incidents, monitoring local threats, and assessing regional trends to support its client base and growing partner network.

About Group-IB

Founded in 2003 and headquartered in Singapore, Group-IB (group-ib.com) is a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime. Combating cybercrime is in the company’s DNA, shaping its technological capabilities to defend businesses, citizens, and support law enforcement operations.

In November 2023, Group-IB will celebrate the 20th anniversary of its founding with a range of exciting events marking the company’s global growth and significant contribution to international law-enforcement efforts aimed at stamping out cybercrime.

Group-IB’s Digital Crime Resistance Centers (DCRCs) are located in the Middle East, Europe, and Asia-Pacific to help critically analyze and promptly mitigate regional and country-specific threats. These mission-critical units help Group-IB strengthen its contribution to global cybercrime prevention and continually expand its threat-hunting capabilities.

Group-IB’s decentralized and autonomous operational structure helps it offer tailored, comprehensive support services with a high level of expertise. We map and mitigate adversaries’ tactics in each region, delivering customized cybersecurity solutions tailored to risk profiles and requirements of various industries, including retail, healthcare, gaming, financial services, manufacturing, critical services, and more.

The company’s global security leaders work in synergy with some of the industry’s most advanced technologies to offer detection and response capabilities that eliminate cyber disruptions agilely.

Group-IB’s Unified Risk Platform (URP) underpins its conviction to build a secure and trusted cyber environment by utilizing intelligence-driven technology and agile expertise that completely detects and defends against all nuances of digital crime. The platform proactively protects organizations’ critical infrastructure from sophisticated attacks while continuously analyzing potentially dangerous behavior all over their network.

The comprehensive suite includes the world’s most trusted Threat Intelligence, The most complete Fraud Protection, AI-powered Digital Risk Protection, Multi-layered protection with Managed Extended Detection and Response (XDR), All-infrastructure Business Email Protection, and External Attack Surface Management.

Furthermore, Group-IB’s full-cycle incident response and investigation capabilities have consistently elevated industry standards. This includes the 70,000+ hours of cybersecurity incident response completed by our sector-leading DFIR Laboratory, more than 1,400 successful investigations completed by the High-Tech Crime Investigations Department, and round-the-clock efforts of CERT-GIB.

Its solutions and services have time and again been revered by leading advisory and analyst agencies such as Aite Novarica, Forrester, Frost & Sullivan, KuppingerCole Analysts AG, and more.

Being an active partner in global investigations, Group-IB collaborates with international law enforcement organizations such as INTERPOL and EUROPOL to create a safer cyberspace. Group-IB is also a member of the Europol European Cybercrime Centre’s (EC3) Advisory Group on Internet Security, which was created to foster closer cooperation between Europol and its leading non-law enforcement partners.

 
 
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Group-IB Joins Cyber Security Action Task Force (CSATF) Led by the Hong Kong Police Force to Combat Ransomware & Enhance Data Exchange

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