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Posted on Jan 25, 11:34PM | IBNS
William J. Hague, Secretary of State for Foreign and Commonwealth Affairs of the United Kingdom, on Friday signed the World Economic Forum's Partnering for Cyber Resilience initiative.
In signing the initiative, the United Kingdom joins over 70 companies and government bodies across 15 sectors and 25 countries in committing to a set of principles designed to ensure secure and resilient digital global networks.
Partnering for Cyber Resilience aims to raise awareness and understanding of cyber issues among leaders across all industries and policy domains, and to encourage organizations to practice good "cyber hygiene" - simple steps which can immediately reduce the risks to their organizations and customers.
The importance of cyber resilience is growing, as governments in both developed and emerging economies look to innovation in the digital economy as a means of delivering much needed growth.
The initiative creates an environment for companies and governments to come together in a safe, trusted and neutral space to tackle issues of common concern, such as protecting national infrastructure or individuals' personal information across shared networks or physical borders.
On signing the Cyber Resilience Principles, Hague said: "Governments and the private sector have a shared interest in promoting a safe and secure digital environment and it is vital that we work together. This is key to building the global economy through the talent of individuals and of industry within an open market for ideas and innovation. The UK takes this issue very seriously, indeed.
"But we cannot do this alone. We must strive for a model for Internet governance in which governments, business and users of the Internet work together in a collective endeavour, establishing a balance of responsibility for the benefit of us all.
"This is a global challenge, and it is in recognition of our shared responsibility to address this that I am signing the World Economic Forum's Principles on Cyber Resilience on behalf of Her Majesty's Government."
Alan Marcus, Senior Director for Information and Communication Technology Industries, World Economic Forum, welcomed the move: "The UK government has been a leading voice in the cyber debate in recent years. It recognizes that Cyber resilience is a shared challenge for all parts of society.
"In 2013, we will work with the UK and our other signatories to continue to drive leadership awareness and understanding, and support multistakeholder collaboration across the globe."
The 43rd World Economic Forum Annual Meeting is taking place from 23 to 27 January under the theme Resilient Dynamism.
More than 2,500 participants from over 100 countries are taking part in the Meeting.