Egypt central bank deploys AI tools to track inflation, map informal economy: governor    Egypt's stocks record strong gains in September, EGX30 up 4.33%    Egypt approves 776,379 state-funded treatment decisions in July–August    Egypt launches waste reduction plan in Port Said with Japan's JICA    Telecom works near Grand Egyptian Museum cause brief Cairo service outage: NTRA    Egypt drug regulator, Organon discuss biologics expansion, investment    Microfinance portfolios in Egypt exceed EGP 101bn, reaching 4.1 million clients by Q2 2025    Gaza death toll surpasses 66,000 as Israel tightens siege, 'Freedom Flotilla' nears coast    Egypt's PM addresses parliament on Al-Sisi's objections to criminal procedures bill    Egypt's Contact Financial closes EGP 1.312bn securitisation bond    Suez Canal Authority urges Maersk to resume transits, citing strategic role in global trade    Egypt's Al-Sisi reaffirms state's commitment to judicial independence    Alameda launches Egypt's largest private-sector medical conference    Egypt calls for global mental health action, strengthens regional partnerships at Doha Summit    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt's foreign minister says Ethiopia's Nile dam policy is 'destabilising'    Trump unveils controversial Gaza peace plan amid escalating crisis, divided responses    Al-Sisi, Bin Zayed back Trump's Gaza peace initiative amid mounting diplomatic drive    Egypt to host men's, juniors' and ladies' open golf championships in October    Egypt's President Al-Sisi pardons activist Alaa Abdel Fattah, 5 others    Egyptian Writers Conference announces theme for 37th session    Egypt's Al Ismaelia wins heritage award for Downtown Cairo revival    Egypt's PM heads to UNGA to press for Palestinian statehood    Egypt condemns terrorist attack in northwest Pakistan    Egypt's foreign minister holds talks on reviving Iran nuclear negotiations    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Software piracy may cost Middle East $180 bln in 4 years
Published in Daily News Egypt on 29 - 11 - 2007

CAIRO: It's no secret that the exponential growth of the IT industry has opened the door for illegal trade and cyber crime, and that stringent measures must be taken to address the problem.
There has been a drastic increase in cyber crime activities over the past few years, and a framework of rules governing the telecommunications sector must be established to tackle this trend, said participants of the first Regional Conference on Cyber Crime.
The Middle East is expected to lose up to $180 billion during the next four years as a result of software piracy, the leading form of cyber crime.
"The framework of laws governing the telecommunications [sector] must evolve to compliment the Internet and telecommunications boom the world is experiencing, said Fathi Sorour, head of the People's Assembly, in the conference's opening speech.
Internet exposure, as well as the overall expansion and diversity of the telecommunications sector, has opened gateways of information that were not known to people in the past. This has undoubtedly affected the lives of citizens worldwide, said Sorour, and "Egyptian law cannot stand still in the face of technological and scientific progress.
Sorour called on the IT sector and government officials to establish a strict authority to identify perpetrators, one that constantly updates its technology to keep up with the masterminds of cyber crime.
"We do not want an authority that will work only until hackers find a way to bypass its system, he said.
A committee of IT experts, legal specialists and university professors was formed to draw a preliminary draft of a new law to secure information and combat cyber crime, said Tarek Kamel, minister of communication and information technology.
"Over the next two months, all ideas and suggestions will be discussed before the law is passed to the government for approval, Kamel said. The committee will first study the lessons learned by international federations, institutions and governments in combating cyber crime.
Kamel called on the government to establish a technological center that will utilize MSRT (malicious software removal tool), which is used internationally to combat cyber crime.
Cyber crimes can be simply defined as unlawful acts targeting computers, a tool or both. In addition to piracy, cyber crimes include credit card fraud, cyber pornography, online sale of illicit items - such as drugs, weapons and endangered wildlife - online gambling, Intellectual Property Rights (IPR) violations, email spoofing, forgery using computer scanners and printers, cyber defamation and cyber stalking.
The regional conference was held on Nov. 26-27 in Cairo with over 400 international IT experts participating.
Experts examined cyber crime in six different sessions over two days.
Topics on the agenda included current trends in cyber crime, Malaysia's experience with electronic passports and the uses of smart card chips as well as issues surrounding the legislation and enforcement of cyber crime.


Clic here to read the story from its source.