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Brazil's federal police have presented the framework for a project that looks to respond to the spike in cybercrimes in the country, news source Convergência Digital reported.
The so-called Projeto Oráculo (Project Oracle), currently in a preliminary planning stage, was introduced during an IT security conference in São Paulo. The federal police expect to have the program operational by 2014, when the country hosts the Fifa World Cup.
The project focuses on intelligence, tracking and preventing cybercriminal activities.
"Increasing internet use means that online crimes also grow, and events like the World Cup and the Olympics have the potential to expand them," police cybercrimes unit criminal expert Ivo de Carvalho Peixinho was quoted as saying by Convergência Digital.
The goal is to garner the collaboration of banks, large corporations that have been victims of cyber attacks and digital security solutions companies. The federal police will look to gather as many sources of information as possible about the criminal activities, Peixinho said.
The police have a running project called Tentacle, aimed at rebuffing electronic fraud, especially that involving banks. The goal is now to integrate the two projects.
Projeto Oráculo has so far received initial funding of 500,000 reais (US$285,000) from the federal government. Police are still studying potential partners and proper technological tools.