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Korea Looks to Place Cybersecurity on G20 Agenda

Korea Looks to Place Cybersecurity on G20 Agenda - top government contractors - best government contracting event
Photo: csmonitor.com

The Republic of Korea is working to place cybersecurity on the agenda of the upcoming Group of 20 meetings which will take place in Seoul later this year. However, it appears that interest in creating an international body to fight cyber crime is waning, according to Korea Times.

Korea’s broadcasting and telecom authority, The Korea Communications Commission (KCC), and the Ministry of Public Administration and Security have announced plans to place the forming of an international body to handle cyber issues on the agenda at the G20. However, monetary issues and research have both caused problems in forming one in Korea.

“The talks about the international body have been consistent since last year's Asia-Pacific Economic Cooperation (APEC) cyber security seminar and we will continue to report on the progress of our preparation later this month,“ a ministry official said. “It will be difficult to include the talks about the international body on the G20 agenda. We have yet to achieve agreement over our plans with other G20 countries and we need more talks.“

Placing the issue on the agenda would help to meet some of the G20’s goals, particularly regarding economics and finance.

“The G20 is obviously focused on the talks to strengthen the economic recovery and fix global financial systems, but with the increasing number of cyber attacks on online financial services and e-commerce services, security has become a real economic issue,” according to an official from the Financial Security Agency. “Discussing the issue as a G20 topic would be meaningful.“

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