Cybersecurity: A global issue demanding a global approach
With the increasing proliferation of information and communication technologies (ICTs) and the growing opportunity for real-time borderless exchange, cybersecurity is a complex transnational issue that requires global cooperation for ensuring a safe Internet. According to a 2011 Norton study, threats to cyberspace have increased dramatically in the past year afflicting 431 million adult victims globally – or 14 adults victims every second, one million cybercrime victims every day.
Cybercrime has now become a business which exceeds a trillion dollars a year in online fraud, identity theft, and lost intellectual property, affecting millions of people around the world, as well as countless businesses and the Governments of every nation.