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GURUGRAM: Terming the transformation of security challenges from ‘dynamite to metaverse’ and ‘hawala to cryptocurrency’ as well as cybercrimes involving virtual assets, darknet and ‘toolkit’ misinformation campaigns as concerns for the entire world, Union home minister Amit Shah on Thursday sought multilateral cooperation to share real-time information on cyber threats and build cyber resilience in an increasingly-connected world.
Addressing the G20 conference on ‘Crime and Security in the age of non-fungible tokens (NFTs), artificial intelligence (AI) & Metaverse’’ in Gurgaon, Shah recalled how several countries have been victims of cyber attacks, with World Bank estimating the resulting losses at around $5.2 trillion between 2019 and 2023. Stating that no country or organisation can combat cyber threats in isolation, Shah, at the G-20 event attended by 900 delegates from member countries, nine guest nations and organisations like Interpol etc, urged all nations to rise above geographical boundaries and unitedly fight “borderless” online crimes like cyber-terror, online radicalisation, sale of critical personal data and ‘toolkit-based’ misinformation campaigns, as also the growing tendency to target critical information, digital public infrastructure and financial systems.
Shah called upon the G-20 mechanism to bring uniformity in laws of member countries to counter digital crimes. “An integrated and stable approach to cyber security policies will facilitate interoperability, increase trust in information sharing and reduce the agency protocols and resources gaps,” he said.
Having piloted a slew of cyberspace initiatives in India to prevent, detect, fight and investigate various types of cyber-threats and attacks, the home minister sought greater coordination among cyber agencies of all countries in reporting and action on cyber incidents as well as investigation of cross-border cyber crimes through joint efforts to build a “peaceful, secure, deterrent and open information and communication technology”.
Underlining how the digital revolution in India has seen its online user base grow to 84 crore and digital payments jump to the world’s highest nine crore transactions in 2022, Shah said India has set up ‘open access digital public infrastructure” models like Aadhaar for digital identity and UPI interface for real-time payment. “Today, all the governments of the world are promoting digital means in governance and public welfare,” he said. However, he acknowledged that while technology has brought human beings, communities and countries closer, some anti-social elements and global forces are using technology to cause economic and social harm to citizens and governments.
While recalling PM Modi’s view that cyber security is not limited to the digital world and has become a subject of national and global security, Shah said new methods were being used by terrorists like virtual assets for terror funding, darknet to hide identity and spread radical content and metaverse to facilitate terrorist outfits to carry out propaganda, recruitment and training. Metaverse, he added, also creates opportunities for true imitation of a user’s identity. Shah specifically mentioned misinformation campaigns based on toolkits as a new cyberspace concern.
The G-20 has thus far focused on digital transformation and data flow from an economic perspective. This is the first G-20 conference on cyber security in the G-20, and assumes importance as the endeavour is to stay ahead in the era of NFTs, AI, Metaverse and other emerging technologies by responding in a timely manner.
Addressing the G20 conference on ‘Crime and Security in the age of non-fungible tokens (NFTs), artificial intelligence (AI) & Metaverse’’ in Gurgaon, Shah recalled how several countries have been victims of cyber attacks, with World Bank estimating the resulting losses at around $5.2 trillion between 2019 and 2023. Stating that no country or organisation can combat cyber threats in isolation, Shah, at the G-20 event attended by 900 delegates from member countries, nine guest nations and organisations like Interpol etc, urged all nations to rise above geographical boundaries and unitedly fight “borderless” online crimes like cyber-terror, online radicalisation, sale of critical personal data and ‘toolkit-based’ misinformation campaigns, as also the growing tendency to target critical information, digital public infrastructure and financial systems.
Shah called upon the G-20 mechanism to bring uniformity in laws of member countries to counter digital crimes. “An integrated and stable approach to cyber security policies will facilitate interoperability, increase trust in information sharing and reduce the agency protocols and resources gaps,” he said.
Having piloted a slew of cyberspace initiatives in India to prevent, detect, fight and investigate various types of cyber-threats and attacks, the home minister sought greater coordination among cyber agencies of all countries in reporting and action on cyber incidents as well as investigation of cross-border cyber crimes through joint efforts to build a “peaceful, secure, deterrent and open information and communication technology”.
Underlining how the digital revolution in India has seen its online user base grow to 84 crore and digital payments jump to the world’s highest nine crore transactions in 2022, Shah said India has set up ‘open access digital public infrastructure” models like Aadhaar for digital identity and UPI interface for real-time payment. “Today, all the governments of the world are promoting digital means in governance and public welfare,” he said. However, he acknowledged that while technology has brought human beings, communities and countries closer, some anti-social elements and global forces are using technology to cause economic and social harm to citizens and governments.
While recalling PM Modi’s view that cyber security is not limited to the digital world and has become a subject of national and global security, Shah said new methods were being used by terrorists like virtual assets for terror funding, darknet to hide identity and spread radical content and metaverse to facilitate terrorist outfits to carry out propaganda, recruitment and training. Metaverse, he added, also creates opportunities for true imitation of a user’s identity. Shah specifically mentioned misinformation campaigns based on toolkits as a new cyberspace concern.
The G-20 has thus far focused on digital transformation and data flow from an economic perspective. This is the first G-20 conference on cyber security in the G-20, and assumes importance as the endeavour is to stay ahead in the era of NFTs, AI, Metaverse and other emerging technologies by responding in a timely manner.
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