Public-Private collaboration needed to combat cyberthreats

There is a growing need for effective public-private cyber-security collaborations, according to a new paper released by the New York University Center on Law and Security, reported The Crime Report.
The paper outlines challenges and potential opportunities for partnerships between private companies and public agencies working to fend off hackers and data thieves.
There are barriers to effective cooperation, according to the paper. They include a reticence among many companies to work with government agencies, unless they’re in crisis mode.
According to the report, major categories of obstacles include, issues surrounding trust and control of incident response; questions about obligations regarding disclosure and expo-sure; the evolving liability and regulatory landscape; challenges faced in the cross-border investigation of cybercrime; and cross-border data transfer restrictions that impede the ability of companies to respond nimbly to cyberthreats and incidents.
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