Cybercrime cost is a burden on developing countries: Anwarul
Tuesday, 6 November 2007
LGRD Adviser Anwarul Iqbal Monday said the cost of cybercrime was a burden on developing countries, but combating the cybercrime was a necessity, reports UNB.
Terming the cybercrime as a transnational crime, he said it was a global issue with a global impact.
"Increased sophistication of cybercrime attacks and vulnerability of information available online is a serious concern for institutions, law enforcement agencies and other stakeholders," the adviser said, inaugurating a 3-day regional seminar on cybercrime at Hotel Sheraton as the chief guest.
The seminar seeks to exchange experience on combating cybercrime and foster future cooperation, leading towards strong regional response to cybercrime.
Police are hosting the seminar in which experts dealing with cybercrime issues in Australia, Hong Kong, Sri Lanka and Nepal are taking part apart from the host country. Police Reform Programme (PRP) in close cooperation with the Australian Federal Police is supporting the seminar.
The LGRD Adviser said it was unfortunate that, with all the possibilities that the new technology offered for progress and development, the same technology could be used for malicious and criminal purposes.
"The rapid pace of technological change is also applicable to the emergence of new opportunities that the technology presents to criminals and a rapid change in criminal activities," said Anwarul Iqbal, a former IGP.
Quoting Internet Law News, he said cybercrime had grown to be larger than illicit drug sales worldwide and the analysts estimated that online fraud would reach US$105 billion in 2007.
It was further estimated that the cost of data loss due to malicious activity would reach US$40 billion worldwide, he added.
The Adviser urged the participants of the seminar to make the best use of opportunity and to play an active role.
Home Secretary Abdul Karim, Australian High Commissioner in Dhaka Douglas Foskett, Deputy Country Director of UNDP Larry Maramis, acting IGP and PRP National Director NBK Tripura and PRP Programme Manager Hubert Staberhofer also spoke at the seminar
Terming the cybercrime as a transnational crime, he said it was a global issue with a global impact.
"Increased sophistication of cybercrime attacks and vulnerability of information available online is a serious concern for institutions, law enforcement agencies and other stakeholders," the adviser said, inaugurating a 3-day regional seminar on cybercrime at Hotel Sheraton as the chief guest.
The seminar seeks to exchange experience on combating cybercrime and foster future cooperation, leading towards strong regional response to cybercrime.
Police are hosting the seminar in which experts dealing with cybercrime issues in Australia, Hong Kong, Sri Lanka and Nepal are taking part apart from the host country. Police Reform Programme (PRP) in close cooperation with the Australian Federal Police is supporting the seminar.
The LGRD Adviser said it was unfortunate that, with all the possibilities that the new technology offered for progress and development, the same technology could be used for malicious and criminal purposes.
"The rapid pace of technological change is also applicable to the emergence of new opportunities that the technology presents to criminals and a rapid change in criminal activities," said Anwarul Iqbal, a former IGP.
Quoting Internet Law News, he said cybercrime had grown to be larger than illicit drug sales worldwide and the analysts estimated that online fraud would reach US$105 billion in 2007.
It was further estimated that the cost of data loss due to malicious activity would reach US$40 billion worldwide, he added.
The Adviser urged the participants of the seminar to make the best use of opportunity and to play an active role.
Home Secretary Abdul Karim, Australian High Commissioner in Dhaka Douglas Foskett, Deputy Country Director of UNDP Larry Maramis, acting IGP and PRP National Director NBK Tripura and PRP Programme Manager Hubert Staberhofer also spoke at the seminar