Beyonce sings the U.S. National Anthem as President Barack Obama (R) and Senator Charles Schumer (D-NY) listen during swearing-in ceremonies on the West front of the U.S. Capitol in Washington, January 21, 2013.
Beyonce sings the U.S. National Anthem as President Barack Obama (R) and Senator Charles Schumer (D-NY) listen during swearing-in ceremonies on the West front of the U.S. Capitol in Washington, January 21, 2013. REUTERS/Jim Bourg (UNITED STATES - Tags: POLITICS ENTERTAINMENT)

The United States is cooperating with the United Kingdom to set up a joint 'cyber squad'. Recent reports disclosed that the squad will conduct fake hacking attacks on the both countries' key organizations to check and correct the loopholes.

U.S. President Barack Obama and U.K. Prime Minister David Cameron have come together to ensure that their country's organizations are foolproof against cyberattacks. According to the pact, both British and American spies will collaborate to share information and will respond to attacks in a coordinated manner, reports Telegraph.

The talk has been conducted in the White House, where both the countries' Presidents dined on Wednesday night. The move has been taken in view of the recent Sony cyberattack, which paralyzed the organization for a few days.

Approximately 80 per cent of the major companies in the U.K. reported cyber-security breach last year, which cost the establishments damages worth between £600,000 and £1.5 million. "Just as we have worked with our closest ally, the US, to protect our people and our countries from traditional threats," said U.K. President Cameron, as reported by Daily Mail. "So, we must work together to defend ourselves from new threats like cyberattacks," he added.

To further strengthen their cyber security, both countries will conduct war game exercises to test their defenses against serious hacking attacks. Agents from the U.K. will work with their U.S. counterparts to compare notes on cyber threat issues. The pact will also ensure the training of a new generation of cyber experts who will impart the latest technological knowledge available in both countries.

The U.S. experienced a wake-up call recently when North Korea allegedly hacked into the IT system of Sony Pictures to protest the release of the movie 'The Interview'. The hacking gang reportedly breached the company's internal system as a call to ban the film, which revolves around a comic fictional plot to assassinate North Korean leader Kim Jong-un.The movie's countrywide Christmas release was called off in the wake of 9/11 style attack threats, but it was eventually released in a limited number of cinemas. Both countries are reportedly keen to avoid the repeat of such damaging incidents in the future.

According to reports from Daily Mail, the British intelligence and security organisation, Government Communications Headquarters (GCHQ), shared that a cyber attacker can either be a petty criminal looking for money through fraud, or sale of valuable information or an activist group fuled with a political motive. However, a country or terrorist group using cyberattack as a form of warfare is a matter of great concern, adds GCHQ.

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