India has issued the summary of a G20 meeting under which it stressed the need for strengthening capacities of individual states and all stakeholders to better respond to traditional, non-traditional and emerging challenges, including terrorism and its financing, money laundering, misinformation and disinformation. The chair’s summary was issued after the two-day conference on ‘Crime and Security in the age of Non-Fungible Tokens (NFTs), Artificial Intelligence (AI) and Metaverse’.
In the inaugural address, Union Home Minister Amit Shah had warned the global community of the security challenges evolving from dynamite to metaverse and hawala to crypto currency and asked G20 member countries to join hands to fight the menace.
The summary of the chair said, “It is critical to strengthen and develop capacities of individual states, international organisations and relevant stakeholders to better respond to traditional, non-traditional and new and emerging challenges, including terrorism and its financing, money laundering, misinformation and disinformation.”
The chair emphasised promotion of an open, secure, stable, accessible, peaceful and accountable ICT environment, including technical advancement, business development, safeguarding the security of States and public interests and respecting privacy rights of individuals. Concerns were raised over the increasing challenge to protect individuals, particularly women and children, from online sexual exploitation and from other content harmful to their health and well-being.
“Stakeholders are looking forward to strengthening cooperation to develop initiatives aimed at ensuring safety of users, especially children and women on the Internet,” it noted.
The chair noted that the use of AI, Metaverse, NFTs, Dark Net, Deepfakes, Internet of Things (IoTs) and other technologies by malicious actors is increasing rapidly. There is concern about AI-generated cyberattacks, malware, highly convincing information manipulation, and scams that can be deployed cheaply and at formidable scale using these tools, it said.
