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It consists of five organizations across North America and Europe, the leaders in Internet security.

Facebook announced Monday, the creation of their particular ‘group of wise men’, a council composed of five organizations across North America and Europe’s leading Internet security to act as consultant for the company in matters relating to online security.

The five organizations that make up the Facebook Safety Advisory Board are Childnet International, WiredSafety,

Common Sense Media, ConnectSafely, and The Family Online Safety Institute (FOSI).

Facebook is expected to meet periodically with the committee and review the security resources it consistently delivers to its members, the development of new materials and for advice on the best security practices in general.

One of the things the advisory committee will first oversee is the revision of the Help Center’s safety content on the social network. They aim for “a compendium of education-specific content for parents, educators and teenagers,” the company said.

The last component added to the global security agenda of the company is The Safety Advisory Board.  Last week, the New York Attorney General referred to the cooperation of Facebook in the identification and deactivation of accounts belonging to sex offenders and in 2008, the social network giants signed  agreements with 49 Attorneys Generals to assist in protecting children from potential pedophiles Online.

Facebook is also a part of the Internet Safety Technical Task Force, a group of companies, consisting of nonprofit organizations, professionals and technology experts that are working to identify tools to create a safe place on the Internet for youngsters. Facebook is also linking up with MTV on a Thin Line campaign to prevent the abuse of digital media and they are working with the BBC to promote the campaign “Bullyproof” which aims to eliminate online bullying through the network.

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“We believe the best way to make sure children are safe online is by having all of those who want to protect them work together,” said Elliot Schrage, vice president of Global Communications and Public Policy at Facebook.

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“The forming of a special advisory committee for security matters is a positive step forward, an innovative and collaborative approach to create a more robust security environment, we are pleased that a highly respected and reliable group of organizations have joined us in this commitment. ” “Childnet Int. is proud to work constructively with others to make the Internet a safe place for children,” said Will Gardner, CEO of Childnet International.