Partnership against cybercrime: insight report

Cybercrime is a global threat that should concern every decision-maker, whether at the corporate or national level. According to the World Economic Forum Global Risks Report 2020, over the next 10 years, cyberattacks will be the second greatest risk businesses will face. While nation state cyber activities tend to garner the most international attention, cybercriminals are responsible for the majority of malicious activity on the internet – cybercrime is estimated at about 80%. As a result, reducing cyber risk means reducing and mitigating cybercrime. The first two sections of this report present the challenge of cybercrime and the need to foster public-private cooperation. The third and fourth sections lay out the principles and considerations formulated by the working group to support collaborative action against cybercrime. The final section outlines a potential global architecture to increase existing efforts and facilitate the required cooperation. This report highlights the commitment of an engaged, purpose-driven multistakeholder community that continues to develop and implement these concepts with the aim of reducing cybercrime globally. We hope it will encourage other like-minded individuals and organizations to join us in advancing this critical mission.