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Five leading IT vendors have announced the creation of the Industry Consortium for Advancement of Security on the Internet (ICASI), a nonprofit organization that intends to let vendors and customers work together on global IT security threats and resolve them in a government-neutral way. ICASI's founding members include, Cisco, IBM, Intel, Juniper and Microsoft.

ICASI will target "global, multivendor cyber threats" to reduce their impact on end users. The group's statement says these attacks target multiple products or protocols in products, giving them a broader impact. These attacks pose problems not only for end user customers, but also for vendors, the group says.

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Related topics: Cyberattack, Cybercrime, Security