Participants at the opening session of the webinar. Clockwise from top left: Jung-hee Kim, Director of KISA’s Security Industry Division; Naveed Hassan Naqvi, World Bank Country Manager for the Kyrgyz Republic; Altynbek Ismailov, Chairman of the State Committee for Information Technologies and Communications of the Kyrgyz Republic; and Dr. Shamsh Kassim-Lakha, Chairman of UCA’s Board of Trustees.
The World Bank (WB), with support from the Korea Internet Security Agency (KISA), and the Korea World Bank Partnership Facility (KWPF) hosted an online workshop “Virtual Study Visit to Korea Internet Security Agency: Learning from Korean Cyber Experience”. The online Workshop was organized in collaboration with the University of Central Asia on November 16, and addressed the rise of cybercrime, its dangerous consequences, and solutions based on the expertise of KISA.
The number of connected gadgets has grown exponentially and directly impact privacy and security. These interconnections via the internet, enable the embedded devices in everyday objects to send and receive data. The trend in telecommunication companies, such as Vodafone (UK) and SKT (Korea), show that they are transitioning to the Internet of Things (IoT) by using sensors and smart meters, which is also opening up a huge field of opportunities for cybercriminals.
The environment for cybersecurity is also changing. Recent cybercrimes depict a steep increase in cyber threats (a 400% increase in 2018 compared to 2009). “Going Digital is a high priority agenda worldwide. As a result of the pandemic, global mobility is down more than 30%, and cyber breaches have increased dramatically. Building digital resilience is the key to safeguarding a digitally growing world,” said Naveed Hassan Naqvi – WB Country Manager for the Kyrgyz Republic. Upcoming cyber threats will target smart homes, smart factories, autonomous driving, and digital health. Projections indicate that in 2021 cyber-crime costs will surpass $6 trillion worldwide.
In his welcome remarks, Dr. Shamsh Kassim-Lakha, Chairman of UCA’s Board of Trustees, said that “The University of Central Asia is partnering with government agencies to support educational initiatives in cyber security, and looks forward to developing a digital security based curriculum in collaboration with Korean partners”.
According to the World Economic Forum's (WEF) Global Risk Report for 2019, the top five global risks include Data fraud or theft and Cyberattacks. The target is changing from PC and the network to a greater focus on IoT, convergence tech, smart factory, and smart grid. The attack method is shifting from spreading a virus, to a website that can launch persistent attacks. In this regard, cybersecurity specialists from Korea during the online webinar shared their experience and talked about measures that are being taken to counter a possible cyber crisis.