WEF launches Global Centre for Cybersecurity

The World Economic Forum (WEF) has launched new Global Centre for Cybersecurity in a bid to safeguard world from hackers and growing data breaches — especially from nation-states. The centre will be headquartered in Geneva, Switzerland and will become operational from March 2018

Global Centre for Cybersecurity

The Global Centre for Cybersecurity will function as an autonomous organization under WEF. It will help to build a safe and secure global cyberspace. Its aim is to establish first global platform for governments, businesses, experts and law enforcement agencies to collaborate on cybersecurity challenges. It will draw on WEF’s government and industry support to work towards more secure cyberspace through its established multistakeholder approach.

Mandate of Global Centre for Cybersecurity

• Consolidate existing cybersecurity initiatives of WEF.
• Establish independent library of cyber best practices.
• Help partners to enhance knowledge on cybersecurity.
• Work towards an appropriate and agile regulatory framework on cybersecurity.
• Serve as laboratory and early-warning think tank for future cybersecurity scenarios.

World Economic Forum (WEF)

WEF is Swiss nonprofit foundation, based in Geneva. It is recognized as international institution for public-private cooperation. It is committed to improve state of world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas.
WEF is best known for its annual winter meeting for five days in Davos, a mountain resort in Graubünden, in eastern Alps region of Switzerland. The meeting brings together some international political leaders, 2,500 top business leaders, selected intellectuals, and journalists to discuss the most pressing issues facing the world.

Month: Current Affairs - January, 2018