Six US senators urge Obama to prioritise cybercrime at G20 summit


  • TECH
  • Tuesday, 30 Aug 2016

Cybersecurity concerns: Some senators are calling on the G20 leaders to have a coordinated strategy to combat cybercrime at critical financial institutions.

NEW YORK: Six US senators have urged President Barack Obama to prioritise cybercrime at this weekend's Group of 20 summit in China, in the wake of the theft of US$81mil (RM328.1mil) from Bangladesh's central bank, according to a letter obtained by Reuters.

In the letter sent to the White House ahead of the Sept 4 to 5 summit, Sherrod Brown, a senior Democrat on the Senate Banking Committee, and five other Democratic senators say they want the US president to press leaders from the world's 20 biggest economies to commit in joint communiques to a "coordinated strategy to combat cybercrime at critical financial institutions."

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Amazon Prime Video to exclusively stream two NHL seasons in Canada
T-Mobile to invest $950 million in venture with EQT to buy fiber optic network provider Lumos
Hertz Global eyes worst day on record as EV rental business falters
EU court adviser backs data privacy activist Schrems in Meta fight
Spotify says Apple has rejected its app update with price information for EU users
Amazon to invest $11 billion in Indiana to build data centers
IBM falls as enterprise-spending constraints choke consulting demand
Net neutrality rules to be restored in US agency vote
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?

Others Also Read