While the internet’s borderless nature benefits the global economy and advances technological innovation, it has also led to the wide spread of cyber threats.
Cyberattacks are increasingly targeting critical infrastructures such as banking and financial services, and energy and power supply, affecting the availability and integrity of data, as well as the security and reliability of core internet mechanisms. Yet, there’s no enforceable international agreement in place to deter cybercriminals and nation-state sponsored attackers.
Law enforcement is struggling to pursue perpetrators both within and outside their jurisdictions. The U.S. government must urgently address this gap with other nations.
– Jing de Jong-Chen, Partner and General Manager, Global Cybersecurity Strategy, Microsoft Corp.