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Combating cybercrime a focus at G7 and Biden-Putin summits

Marietje Schaake, International Policy Director at Stanford's Cyber Policy Center, Eurasia Group senior advisor and former MEP, discusses trends in big tech, privacy protection and cyberspace:

Cyber issues took center stage at the G7 summit. Is there a consensus among world leaders on how to handle cyberweapons?

Well, depending on who is included, there is a growing consensus that the escalations of conflict in cyberspace must stop. And G7 leaders that are now all representing democracies did call on Russia to hold perpetrators of cybercrime that operate from within its borders to account. So, I guess hope dies last because laws in Russia prevents the extradition of suspects to the US, even if Vladimir Putin answered positively when Joe Biden asked for cooperation on that front. And when it comes to limiting the spread of tools that are used for hacking, surveillance and infiltration, the EU has just moved ahead and adopted new dual use regulations which reflect the concerns for human rights violations when journalists are targeted the way that Jamal Khashoggi was. So ending the proliferation of systems that are used to attack would be an urgent but also obvious step for democratic nations to agree on.

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Highlights from our live conversation on cybersecurity challenges

Cyber is a tool, and sometimes a weapon. Whether used for commercial gain or for attacks on critical infrastructure, actions taken in cyberspace affect you directly. This means that even the most mundane realities of everyday life are vulnerable to hackers.

In our live May 18 event, "Beyond SolarWinds: Securing Cyberspace," we asked our speakers what we can do to safeguard cyberspace from future attacks.

Ian Bremmer, president of Eurasia Group and GZERO Media, (above) explains "there are three different levels of cooperation we desperately need to reduce a threat that right now is growing exponentially for our national securities at home." At one level, there needs to be greater coordination between the private and public sectors in the US. It needs to be "much deeper, much more structural, much more efficient" than what we currently have, says Bremmer.

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Hackers shut down US pipeline

Ian Bremmer's Quick Take:

Hi, everybody. Ian Bremmer here. Happy Monday to you. A Quick Take. I wanted to talk about this unprecedented hack that has shut down a major pipeline in the United States. The Colonial Pipeline carries well over 2 million barrels a day. It's about half of the East Coast supply of gas and jet fuel. In other words, really not something you want to have suspended. And when I think about the impact of cyberattacks in the world, I mean, we've been warning that this is going to be a bigger challenge going forward, we're now really starting to see the implications of it.

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