PM says cyber crimes can have social, geopolitical implications; need global cooperation to deal it
Modi has said while seeking global cooperation to deal with cybercrimes. In an exclusive interview with PTI, he said the World Bank has estimated that cyber attacks could have caused losses of around USD 5.2 trillion to the world during 2019-2023, but their impact goes beyond just financial aspects into activities that are deeply worrying.
Read the full interview here
He said these can have social and geopolitical implications.
«Cyber terrorism, online radicalisation, use of networked platforms to move funds from money laundering to drugs and terrorism — are just the tip of the iceberg,» he said.
Modi said cyberspace has introduced an entirely new dimension to the battle against illicit financial activities and terrorism.
«Terrorist organisations are using technology for radicalisation, moving money from money laundering and drugs into terror funding, and capitalising on emerging digital avenues such as the dark net, metaverse, and cryptocurrency platforms to fulfil their nefarious aims,» he said.
Stressing the need for taking the cyber threats very seriously, the prime minister said one angle of their adverse impact is the financial losses they cause.
Further, he said, cyber attacks can also have implications for the social fabric of nations.
Modi said the spread of 'deep fakes' can cause chaos and loss of credibility of news sources.
He said fake news and 'deep fakes' can be used to fuel social unrest.
«So, it is of concern to every group, every nation, and every family. That is why we have taken this up as a priority,» he said.
The prime minister noted that India hosted a G20 Conference on Crime and Security in the Age of NFTs (Non-Fungible Tokens), Artificial Intelligence and Metaverse in July in Gurugram.
During this
