Growing concerns about cybersecurity have sparked an intense international debate about data sovereignty and the degree to which governments should control the flow of data–both within and across their borders. How individual nations and the world community ultimately address these issues will have a profound effect on the global information and communications technology (ICT) market and on globalization itself. Globalization, fueled by ICT, has propelled decades of positive information exchange, innovation, and trade, and enabled unprecedented economic growth for both developed and developing nations. The Industrial Internet of Things alone is expected to add $14.2 trillion to the global economy by 2030.

source:Georgetown Journal of International Affairs.

 

Efforts to coordinate and enhance cybersecurity across the European Union (“EU”) have taken a step forward with the publication on 19 July 2016 of the new Network and Information Security Directive (2016/1148/EU) (the “Directive”) in the Official Journal of the European Union.

Launch of CTED Third-party Terrorist-asset-freezing Request Contacts Database

 

 

 

 

 

US, Japan, EU team up to warn China of concerns over new security laws

Major world powers join forces to pen strongly worded letter to complain over legislation that could create ‘climate of uncertainty’

Source:theguardian.com

LONDON — The European Union is preparing new steps to crack down on bot-herders, identity thieves, web hijackers and other online fraudsters who are skimming millions of euros a day from a growing number of its half billion citizens.

The Commission said cybercrime was a global and cross-border phenomenon that now brought more profits for organized crime — $388 billion a year worldwide — than the global trade in marijuana, cocaine and heroin combined. In Europe, however, action to detect and prosecute it was hampered by inadequate information sharing between national jurisdictions.

source: Harvey Morris nytimes.com

 

The United Nations members assessed certain terrorist financing threat of their financial and economic sectors to terrorist financing. There are a variety of attempts to utilize some sorts of information technologies throughout the internet to hack and move funds .

The United Nations members focus on how to freeze assets and implement effective tools under the mandate of Security Council resolution 2253 (2015) on efforts to suppress terrorist financing.

 

 

U.S. President-elect Donald Trump and his fellow Republicans unleashed a torrent of criticism against the U.N. Security Council’s adoption of a resolution on December 23 condemning Israeli settlements in the West Bank and East Jerusalem. To express his disapproval, Trump described the institution as “just a club for people to get together, talk, and have a good time” and went on to suggest that “if it is causing problems rather than solving them…it will be a waste of time and money if it doesn’t start living up to its potential.”

The U.N plays an essential role in globalizing the fight against terrorism and strengthening international cooperation and capacities to defeat al-Qaida, the Islamic State (ISIS), and other terrorist groups.Security council basic role to require all countries to upgrade their counterterrorism laws.The U.N sustainable committees on counterterrorism to counter extremists around the globe.

source:www.brookings.edu   Eric Rosand Wednesday, January 11, 2017

Security Council counter terrorism committee meeting in New York on December 1st,  2016,H.E. Amr Abdellatif Aboulatta, Ambassador and Permanent Representative of Egypt to the United Nations, said in his closing statement “We must work together to promote dialogue among all stakeholders in order to find effective ways to prevent the exploitation of information and communication technologies for terrorist purposes,” . Ambassador Aboulatta is Chair of the Counter-Terrorism Committee of the Security Council. The CTED and participants from different sectors: Members States ,international and regional organizations ,private ,academic were discussing the challenges and outcomes of such substantial threat .”There is an estimation of over 36,000 suspended accounts for practicing terrorist actions”since mid-2015.Maryam Mujica, Public Policy Team Manager said.

 

The United Stated and president Trump’s administration survive substantial challenges :international terrorism ,nuclear weapons and global warming as three critical issues .I read in this article that one of the most critical issues is cyberterrorism that means” the use of computers to disrupt or fear the society”. Americans view  this issue as a threat to the United States for the next 10 years that needs quick responses from the  new administration.