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Wide Range of Global Challenges, G-7 Ministers Hope to Seal Commitments

Italy has also irked EU and U.S. allies by becoming the first G-7 member to sign up to a contentious Chinese plan to build a Silk Road-style global trade network, the trillion-dollar Belt and Road Initiative.

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G-7 Countries
Participants of a G-7 ministerial meeting walk to have a group photo taken on the second day of their talks, in Dinard, France, April 6, 2019. VOA

Foreign ministers from the Group of Seven advanced economies were wrapping up a two-day meeting in the French seaside resort of Dinard on Saturday where they hope to seal joint commitments on a range of global challenges and lay the groundwork for August’s G-7 summit in Biarritz.

Diplomats from G-7 countries, which include the U.S., France, Canada, Japan, Germany, Italy and the U.K., walked side-by-side against the rocky Atlantic coast backdrop and in the fresh Brittany air to project a united front before a working lunch. They hope to agree on a joint statement on the fight against trafficking drugs, arms and migrants in Africa’s troubled Sahel region, fighting cybercrime and stopping sexual violence against women in conflict zones, especially in Africa.

U.S.
Washington seems to be at odds with Italy over its stance on the crisis-hit South American country, being the sole G-7 member state to not back Guaido. VOA

But U.S. officials said that points of discord will also be discussed at the talks led by the host, French Foreign Minister Jean-Yves Le Drian. U.S. Deputy Secretary of State John J. Sullivan said that Washington will use the G-7 forum to galvanize support for Venezuela’s opposition leader, Juan Guaido, who the U.S. has backed to lead the country into a “democratic transformation from the failed regime” of President Nicolas Maduro.

Guaido has embarked on an international campaign to topple the socialist administration of Venezuela’s president amid deepening unrest in the country, which has been plagued by nearly a month of power outages.

Washington seems to be at odds with Italy over its stance on the crisis-hit South American country, being the sole G-7 member state to not back Guaido.

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They hope to agree on a joint statement on the fight against trafficking drugs, arms and migrants in Africa’s troubled Sahel region, fighting cybercrime and stopping sexual violence against women in conflict zones, especially in Africa. Pixabay

The U.S. and Canada have pursued a pro-active stance on widening support for Guaido, according to French officials. But there has already been widespread alarm after Guaido was stripped of immunity by Maduro loyalists earlier this week.

“With Juan Guaido being stripped of his immunity … we don’t want the situation to escalate,” German Foreign Minister Heiko Maas said in Dinard on Saturday.

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“We are still of the opinion that free elections should take place during which Venezuelans can decide themselves who will lead the country,” he added.

Italy has also irked EU and U.S. allies by becoming the first G-7 member to sign up to a contentious Chinese plan to build a Silk Road-style global trade network, the trillion-dollar Belt and Road Initiative. (VOA)

Next Story

What’s the True Cost of Cybercrime?

A criminal can use this data to get credit in your name or evade prosecution, or she could sell the information to someone else. Whatever they do with it, your personal information is like catnip for criminals. 

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Who knows how many incidents have gone unnoticed or even unreported. Companies might try to hide the fact that their systems have been breached because admitting this would damage their reputation. Pixabay

 

Do you have an idea what the cost of cybercrime is on an annual basis? Most people would guess millions, or maybe even billions. That would be a rather conservative estimate, though.

Unfortunately, the costs actually reach trillions of pounds globally every year. But that’s just the base financial cost measured in the losses made by companies and individuals. The true cost is hard to calculate.

crime
Hiding the fact that a breach had occurred could land the company in even more hot water, so businesses are starting to believe that it’s better to own up when something goes wrong in this arena. Pixabay


Who knows how many incidents have gone unnoticed or even unreported. Companies might try to hide the fact that their systems have been breached because admitting this would damage their reputation.

It’s something that some companies can never quite recover from. And while it’s wrong not to admit what happened, we can understand why they’d be reluctant to report the incident. After all, who wants to be held responsible for leaking customers personal data?

That said, most of the larger companies now have breach plans in place. They have procedures that dictate how they react should a breach occur. A standard part of these plans nowadays is to ensure that companies get the PR aspect right.

cyber crime
The stakes are just as high for people who are victims of this kind of crime in their personal capacity. Identity theft is one of the top-performing cybercrimes, and this is why personal data is such a hot commodity. Pixabay



Thanks to the GDPR, companies can face hefty fines if they are found to have been negligent when it comes to client security. Hiding the fact that a breach had occurred could land the company in even more hot water, so businesses are starting to believe that it’s better to own up when something goes wrong in this arena.

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The stakes are just as high for people who are victims of this kind of crime in their personal capacity. Identity theft is one of the top-performing cybercrimes, and this is why personal data is such a hot commodity.

A criminal can use this data to get credit in your name or evade prosecution, or she could sell the information to someone else. Whatever they do with it, your personal information is like catnip for criminals.