According to Barbara Etter, director of the Australasian Centre for Policing Research, Australia's federal and state police need more input from corporations on up-to-date risk management and information security strategies.
Etter was speaking at an Australasian law enforcement conference on cybercrime in Sydney.
She said private companies were too often reluctant to divulge indepth information on their internal security processes - even to the police - because they feared security compromise and shareholder unease.
She said federal and state law enforcement agencies were typically left unable to investigate e-crime singlehandedly because too many specialist staff were lost to private companies offering higher salaries.
-We need to look at sharing resources. It may cost us money. Otherwise we're going to be overwhelmed," she said.
Etter said ideally the law enforcement and corporate sectors would team up to form joint ventures and task forces that focused on swapping data related to e-security.
She said it was unlikely the private sector would be encouraged to step up its cooperation with the law enforcement sector by financial incentives.
Rather, she believes that corporations will be more willing to assist law enforcement agencies if they are better educated on the benefits of pooling resources.
Visit the Australasian Centre for Policing Research at: http://www.acpr.gov.au.
you talk about corp crime what about the private auctions where people are getting riped off by the hundreds of thousand dollars what is being done about that.