Countering Cyber Threats to Financial Institutions by Pierre-Luc Pomerleau & David L. Lowery

Author:Pierre-Luc Pomerleau & David L. Lowery
Language: eng
Format: epub
ISBN: 9783030540548
Publisher: Springer International Publishing

Public Sector (Law Enforcement) and Government Roles and Responsibilities

The law enforcement role in public–private partnership in information sharing is regularly associated with the deterrence of crime, the disruption of organized crime rings and the application of the law. Under the Criminal Code, law enforcement in Canada is mandated to investigate any types of criminal activities which may be committed online through the Internet or in the physical world (Public Safety Canada, 2017). The role of the government is to foster cybersecurity initiatives to explore innovative ways of making businesses and Canadians cyber secure (Public Safety Canada, 2018b).

According to the International Centre for the Prevention of Crime (2018), the primary motivations of the public sector in establishing private and public partnerships is to facilitate the implementation of a national cybersecurity strategy, to allow the private sector to participate in cybersecurity as well as providing a range of resources that are not available to the public sector. As Cesteros (2017) argues, funds available for public security are not enough to be able to fight cybercrimes. This situation leads to the private sector having to drive most initiatives and investigations affecting a private person or a private company (Cesteros, 2017).

The functioning and culture of the public sector differ in various ways, and the concept of threat and incident do not hold the same meaning for both sectors (International Centre for the Prevention of Crime, 2018). Maras (2017) states the intelligence community follows a bureaucratic model of operations structured with strict rules and procedures. Besides, contrary to the private sector, public authorities must inform the public which may be problematic for the private sector to maintain its reputation and customer’s trust when a private organization is victim of a cyberattack (International Centre for the Prevention of Crime, 2018). Due to these differences, the issues of dealing with cybercrime are perceived differently by the actors (Germano, 2014; International Centre for the Prevention of Crime, 2018).

Gendron and Rudner’s (2012) study focuses specifically on Canada, and they provide many recommendations to the government on how to improve the protection of critical infrastructures through a proactive intelligence approach. From a public sector’s landscape, the authors believe the major threats to Canadian critical infrastructures are international terrorism, state-sponsored espionage or sabotage, and hacktivism (Gendron & Rudner, 2012). They claim the existing defensive measures in place would not be enough to maintain the integrity and the availability of Canadian information systems and preventing attacks on the critical infrastructures (Gendron & Rudner, 2012).

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