Hey there, folks! Here’s your quick update on the MEA-PIC Asia Economic Dialogue 2025 happening in Pune.
Day 2 of the event focused on the importance of cybersecurity in today’s digital age. With cyberattacks on the rise globally, experts emphasized the need for investing in cybersecurity to safeguard critical services and ensure economic stability.
The session, chaired by Dinanath Kholkar, highlighted the alarming increase in cyberattacks in India, with losses amounting to crores of rupees. Panellists discussed the risks posed by reliance on third-party vendors in the supply chain and the need for diversifying technology suppliers.
The discussion also touched upon the geopolitical implications of cybersecurity, with global conflicts heightening the risks of cyberattacks. The session stressed the importance of international cooperation in establishing unified cybersecurity frameworks.
Another panel explored challenges in the international monetary system, particularly the dominance of the US dollar in global transactions. Experts discussed alternatives to the dollar, such as trade in local currencies and Central Bank Digital Currency (CBDC).
Overall, the conference aims to address economic fragmentation and identify pathways for resilience and resurgence. Topics like AI, cyber security, African transformation, and climate change are being discussed to empower nations, industries, and individuals to navigate the evolving geoeconomic landscape.
Stay tuned for more updates from the AED 2025 conference!
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