Fortinet to spotlight cybercrime incentives at Davos

Fortinet is returning to the World Economic Forum Annual Meeting in Davos-Klosters with a focus on cross-sector approaches to cybercrime, including incentives for intelligence sharing and efforts aimed at accountability and deterrence.

The company said it will take part in the accredited programme at the forum's annual gathering of government, business and civil society leaders. Fortinet is a founding member of the forum's Centre for Cybersecurity and holds a seat on the centre's board.

Davos Panel

Derek Manky, Chief Security Strategist and Global Vice President of Threat Intelligence at Fortinet, is scheduled to speak in a panel session on the role of incentives in intelligence sharing. Fortinet said the discussion will cover approaches that "methodically instil incentivisation, accountability, and deterrence" in response to what it described as a growing cybercrime ecosystem.

Manky is due to appear alongside Edvardas Šileris, Head of the European Cybercrime Centre; Michael Daniel, President and CEO of the Cyber Threat Alliance; and Hayley van Loon, CEO of Crime Stoppers International.

The company also pointed to its Cybercrime Bounty program, which it said it launched recently with Crime Stoppers International. Fortinet described the initiative as part of an effort to disrupt cybercrime markets. The panel is expected to discuss the programme in the context of wider attempts to curb cybercrime activity.

Industry Initiatives

Fortinet said the Cybercrime Bounty program sits alongside other international activity connected to the World Economic Forum. The company cited involvement in the Centre for Cybersecurity's Partnership Against Cybercrime and the Cybercrime Atlas initiative.

Fortinet also listed relationships with other threat intelligence initiatives and groups. These included NATO NICP, the INTERPOL Expert Working Group, the Cyber Threat Alliance, and the Forum of Incident Response and Security Teams.

Companies and public bodies have increasingly framed cybercrime as a problem that spans law enforcement, regulation, policy, and corporate security operations. Industry groups have also pushed for more structured ways to share threat intelligence across borders and sectors, although the mechanics of incentives and liability often remain contested.

"The battle to disrupt a growing and extremely profitable cybercrime ecosystem persists. Building alliances continues to be one of the most effective actions that public and private sector organisations can take to foster trust, share intelligence, and collectively disrupt cybercrime. The World Economic Forum's Annual Meeting in Davos provides an opportunity to continue leading this dialogue with key stakeholders from government, business, and civil society to meet this challenge with bold, collaborative efforts to advance approaches that systemically drive accountability and deterrence required to disrupt cybercrime at a global scale," said Derek Manky, Chief Security Strategist and Global Vice President of Threat Intelligence, Fortinet.

Forum Agenda

The World Economic Forum positions the annual meeting as a venue for discussions on global and regional challenges. Fortinet said cybersecurity will feature in this year's programme and linked the topic to technology shifts that the forum expects to examine, including AI and quantum computing.

Fortinet also highlighted activity tied to cyber skills development and training. The company pointed to its training institute and certification tracks, as well as work connected to the World Economic Forum's Strategic Cybersecurity Talent Framework.

At Davos, Fortinet said it will focus on incentivisation, accountability and deterrence as areas for policy and coordination discussions between public and private sector participants.