This document discusses cybersecurity as an economic issue in internet governance. It begins by introducing cybersecurity as a major concern for governments, users, and businesses due to increasing cyber threats, attacks, and financial losses. It then outlines types of cybersecurity issues like data interception, hacking, and identifies individuals, companies, governments, and the military as targets. Specific cybersecurity stats for Canada are provided that show high internet and computer usage as well as impacts of cyber attacks on businesses. The challenges of securing networks and data to support innovation and the digital economy are discussed. Metrics on the scale and global costs of consumer cybercrime are reviewed from a Norton cybersecurity report. The document concludes with resources for continuing cybersecurity learning.

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Virtual School of
Internet Governance
Issue: Economic
Topic: Cyber Security
Presentation by Glenn McKnight and Alfredo Calderon

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Sub Topic 1
Internet Governance Series
Overview
The Internet Governance series provides insights into the
inner workings of Internet Governance from multiple
perspectives.
This section focuses Cybersecurity as part of the
economic perspective

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Sub Topic 1
Internet Governance Series
Introduction
Cybersecurity is among the main concerns of
governments, Internet users, techinical and
business communities. Cyberthreats and
cyberattacks are on the increase, and so is the
extent of the financial loss.
Yet, when the Internet was first invented, security
was not a concern for the inventors. In fact, the
Internet was originally designed for use by a
closed circle of (mainly) academics.
Communication among its users was open.

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Sub Topic 1
Internet Governance Series
Types
Cybersecurity issues includes
● Action- data interception or interference, illegal
access, DOS and Indentity theft
● Criminal- hackers cyber criminals or terrorists
● Target- Anyone from individuals, companies,
government or the military

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Sub Topic 1
Internet Governance Series
Canadian Stats
● Canada has more computers per capita than any other country
(129 devices per 100 people) and Canadians are the heaviest
Internet users in the world spending more than 40 hours online
per person, per month.
● The current global market for cybersecurity products and
services is expected to grow to over $170 billion by 2020, and
the job market for cyber pros is expected to rise by six million in
the next four years.
● About 70% of Canadian businesses have been victim of cyber
attacks — average cost $15 000 per incident.
Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development

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Sub Topic 1
Internet Governance Series
The Challenge
The Honourable Harjit S. Sajjan, Minister of National
Defence
“The digital economy increasingly shapes and drives the
broader economy. For Canadians to prosper and be
confident digital innovators, they need to know that the
networks that enable their efforts and safeguard their
assets and information are secure. I am committed to
making Canada a global centre for innovation – one that
creates jobs, drives growth across all industries and
improves the lives of Canadians. ”

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Sub Topic 1
Internet Governance Series
Norton Security Report
THE SCALE OF CONSUMER CYBERCRIME ONE-AND-A-
HALF MILLION VICTIMS DAILY
● THE GLOBAL PRICE TAG OF CONSUMER CYBERCRIME US
$110 BILLION ANNUALLY
● CHANGING FACE OF CYBERCRIME CYBERCRIME GOES
SOCIAL AND MOBILE
● SECURITY IQ: MIXED REPORT CARD FOR CONSUMERS.
CONSUMERS WISE UP TO TRADITIONAL THREATS, BUT
MANY STILL UNAWARE AS TO HOW CYBERCRIME IS
RAPIDLY EVOLVING
● STRONG PASSWORDS ARE KEY
EMAIL A POTENTIAL GATEWAY FOR CYBERCRIMINALS

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Sub Topic 1
Internet Governance Series
Impact of Cybercrime
It's reported that
cybercrime in some
cases can cost an
economy o up to 2%
of their GDP
Source
OAS
http://www.oas.org/en/default.asp

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Internet Governance Series
What can we do?

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Internet Governance Series
Learning Resources
Global Cyber Expertise Forum
http://www.thegfce.com/
Global forum for cyber capacity building. In
the GFCE over 50 organizations and states
work together on practical initiatives to
strengthen cybersecurity, fight cybercrime,
protect online data and support e-
governance.

14. Sub Topic 2
Internet Governance Series
To keep up to date visit the Diplo Digital
Watch
http://digitalwatch.giplatform.org/issues/cybersecurity

15. Sub Topic 2
Internet Governance Series
Images
Norton Security Report
http://tinyurl.com/j97gevb
Expanding Threat
http://tinyurl.com/jxzkpts