Cyber-Security as a Promising Field of Global Cooperation – Arne Schönbohm zu Gast beim 18. Arab-German Business Forum

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Cyber-security as a Promising Field of Global Cooperation

Due to the increasing digitization of economy and society, the opportunities to exploit the Internet for criminal purposes are growing. The global threat is destined to increase. Recent studies show that the annual costs of cybercrime amount 375 – 575 billion U.S. $. Nowadays organized crime earns more money with cyber related delinquency than with drugs.

In order to fight cybercrime and all the other new challenges such as cyber- attacks, terrorism, sabotage, espionage and warfare, an efficient and intensive cooperation between industry, government, science and public authorities is indispensable. The Internet does not stop at national boundaries, neither in its possibilities nor in its dangers. It is important to recognize that challenges can only be successfully addressed if this is done in a global cooperation and in close coordination with international developments.

German businesses are currently seeking to work in partnership with other global players, especially those from GHORFA member countries. Companies from these countries can use this opportunity to build strong ties in Europe’s economic powerhouse and consolidate their position in the EMEA region.

Arne Schönbohm

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