Finance chiefs from the Group of Seven rich countries will commit on
Saturday to join forces to fight the growing threat of international cyber
attacks, according to a draft
statement of a meeting they are holding in Italy.
A global cyber attack infected tens of thousands of computers in nearly
100 countries on Friday.
"We recognize that cyber incidents represent a growing threat for
our economies and that appropriate economy-wide policy responses are
needed," the draft statement, seen by Reuters, said.
It called for common shared practices to spot quickly any vulnerabilities
in the world's financial system and stressed the importance of effective
measures to assess cyber security among individual financial firms and at
sector level.
The draft will be reviewed before publication later on Saturday by the G7
finance ministers and central bankers who are discussing issues facing the
world economy at a two-day meeting in Bari, Italy.
Italian finance minister Pier Carlo Padoan told reporters that the
discussions, which had been scheduled before Friday's attacks, were
"unfortunately very timely."
REUTERS
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