Showing posts with label agreement. Show all posts
Showing posts with label agreement. Show all posts

Monday, 26 November 2012

India Signs Agreement with UK On Co-Operation in Fighting Cybercrime

While hosting the 2010 Commonwealth Games, India watched as online tickets suddenly vanished. But no funds were received, the stadiums were empty and shut-out fans were furious.

The website's cyber security had been breached, leading to losses of around Rs. 1.5 billion ($27.3m). "Somebody played a dirty trick. It was a situation nobody had expertise in handling back then. It cost the organisers a huge loss," National Security Advisor Shivshankar Menon told Khabar South Asia.
This month, India signed its first ever agreement with a foreign country – United Kingdom – on co-operation in fighting cybercrime. It was inked on November 9th by External Affairs Minister Salman Khurshid and his British counterpart, William Hague.
The accord, authorities hope, will not only help prevent hacker exploits of the sort that marred the 2010 Games, but will also guard against the dangers posed by internet-savvy terrorists.
"The cyber-security dialogue will seek to reduce the risk of threats from cyberspace to international security and strengthen the bilateral co-operation in tackling cybercrime," the ministers said in a joint statement issued at the end of the meeting.
At the same time, both sides affirmed their commitment to the "core principles of liberty, transparency, freedom of expression and the rule of law" in cyberspace.
According to Deputy National Security Advisor Vijay Latha Reddy, India sees the agreement as an initial step in a longer-term strategy.