Bloomberg has a story on the collaborative, private sector effort to thwart an industrial hacking campaign linked to Chinese intelligence.
The effort, which involved firms like FireEye and iSight Partners “demonstrates for the first time a private-sector model that they believe can move faster than investigations by law enforcement agencies,” the report said.
From the article:
The take-down largely bypassed traditional law enforcement tools, relying instead on cooperation between companies that are normally fierce competitors. Coalition members — which include Microsoft Corp., Cisco Inc. and Symantec Corp. — say they can act faster than governments because they operate global Internet systems and have business relationships with tens of thousands of companies.
Read more via China-Linked Hacking Foiled by Private-Sector Sleuthing – Businessweek.