What the G7 must do for internet growth and security
Posted in: Digital Divide at 19/05/2016 12:53
In 2014, researchers from the World Economic Forum and McKinsey & Company projected that as much as $21 trillion in global economic value creation would depend on the robustness of cyber-security over five to seven years. That's as big as the entire U.S. economy.
To discuss the future of the Internet and its risks, IT ministers from the G7 countries and the EU gathered for the first time in 20 years. The information and communications technology (ICT) summit in Takamatsu, Japan, was held against a background of major cyber-security dangers including threats to critical infrastructure and mobile devices as well as attacks that are rapidly growing in number while using new means to conceal themselves.