Experts will present an assessment of possible cyber threats to the next G7 summit in June 2017. The growing danger to the economy is represented by cybercrime, and the fight against it must have a priority character. This was announced on Saturday, May 13, at a meeting of G7 finance ministers in the Italian city of Bari. As stressed at the end of the meeting, the head of the Italian financial department, Pierre Carlo Padoan, reached "agreements on many issues, including on combating cybercrime, which, unfortunately, is very relevant now". Currently, experts specializing in the topic of cybercrime are charged with analyzing the current situation and drawing conclusions about possible threats. The results of this work will be evaluated at the summit of the heads of state and government of the G-7 countries in June 2017, Padoan said.. Earlier on the same day, the EU police service reported a hacker attack of "unprecedented scale" on computer systems around the world that affected about 100 countries. As a result of the rapid spread of malicious virus, thousands of administrative institutions, enterprises and private individuals were affected, the UK's health facilities were particularly affected. In addition, computer systems of the German railway concern Deutsche Bahn (DB), the Spanish telecommunications system Telefonica, the Russian Megafon, the Russian Interior Ministry, the Investigative Committee and the Railways.

Also, computer systems in India were seriously affected. According to the statement of the head of the central bank of Italy, Inacio Visko, there is no evidence that the global cyber attack has had an impact on the financial institutions of the country. Recently all over the world 57 thousand computers have undergone a large-scale cyber attack, with Ukraine, Russia and Taiwan being the most contaminated countries.

Article Source: G7 Finance Ministers Declare War on Cybercrime.