A new initiative to share information on cyber threats between businesses and government is to be launched.

It will include experts from government communications body GCHQ, MI5, police and business and aims to better co-ordinate responses to the threats. There will be a secure web-portal to allow access to shared information in real time, like a ‘secure Facebook’.

The Cyber Security Information Sharing Partnership (CISP) – has emerged out of a 2012 pilot scheme known as Project Auburn. The pilot was expanded to 160 firms from the original eight. These eight companies came from five sectors of the economy – finance, defence, energy, telecommunications and pharmaceuticals. They were encouraged to share information between themselves.

The kind of information shared includes technical details of an attack, methods used in planning it and how to mitigate and deal with one.

A more permanent structure for the partnership is to be announced today. At a new London base, large screens will monitor attacks and provide details in real-time of who is being targeted. A group of 12-15 analysts with security clearance will work mainly during office hours.

It is hoped that in time more companies will join the original 160 to create a partnership and protect UK interests online.

Read out article on Cyber Security to find out what it is and what working in cyber security involves.

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