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UN Cybercrime Convention to Overrule Bank Secrecy

submitted by janand+(OP) on 2024-08-12 05:42:34 | 68 points 41 comments
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3. walter+7a[view] [source] 2024-08-12 07:35:44
>>janand+(OP)
Earlier discussion:

UN cybercrime treaty unanimously approved, >>41210110

EFF concerns, >>41207987

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10. walter+uh[view] [source] [discussion] 2024-08-12 08:54:32
>>elric+zg
> What are the odds of this actually happening?

https://therecord.media/un-cybercrime-treaty-passes-unanimou...

  The passage of the treaty is significant and establishes for the first time a global-level cybercrime and data access-enabling legal framework.. The treaty was adopted late Thursday by the body’s Ad Hoc Committee on Cybercrime and will next go to the General Assembly for a vote in the fall. It is expected to sail through the General Assembly since the same states will be voting on it there.
https://apnews.com/article/united-nations-cybercrime-compute...

  Advocates including the Biden administration said the deal reflects the interests of the U.S. and its allies. It balances privacy concerns with the need for every country to pursue criminal activity around the world, the Biden administration said. “We see this convention as a means to expand global law-enforcement cooperation,”.. The treaty — expected to win General Assembly approval within months — creates a framework for nations to cooperate against internet-related crimes.. Once approved by the General Assembly, the treaty becomes law upon the approval of 40 nations.
>>41211961

> IMO it is good that norms around offensive security are being formulated at the nation state level, especially because major nations like China, Russia, Iran, NK, SK, India, Pakistan, UAE, Saudi Arabia, Singapore, Indonesia, and Malaysia are NOT signatories of the Budapest Convention on Cybercrime.. This seems to be an attempt at creating a detente between China, US, Russia, etc over cyber espionage attempts on each other.. Realistically, offensive operations under direct nation-state control will continue, but this narrows the scope for gray-zone operations using a third party (Appin/India, LockBit/Russia, ChamelGang/China or NK).

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18. bluefl+5n[view] [source] [discussion] 2024-08-12 09:58:13
>>theblo+1m
https://en.wikipedia.org/wiki/Sarcasm

The leading "its easy" is a strong signal for that.

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25. wil421+Eo[view] [source] [discussion] 2024-08-12 10:20:21
>>seydor+go
> Our analysis reveals several notable patterns. First, we observe an increase in the frequency of attacks by Russia-based ransomware groups leading up to elections in several major democracies, with no similar increase in attacks by groups based outside of Russia. Second, companies that withdrew from or suspended operations in Russia following the invasion of Ukraine were more likely to experience ransomware attacks in the months following the invasion, potentially indicating retaliatory motives. Third, we find a decline in the number of daily ransomware attacks after the invasion, which could be attributed to Russia enlisting ransomware operators to support its cyber offensive against Ukraine.

https://cyber.fsi.stanford.edu/news/new-paper-assessing-poli...

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33. walter+ZH[view] [source] [discussion] 2024-08-12 13:27:49
>>zrail+hB
>>41222487

> Advocates including the Biden administration said the deal reflects the interests of the U.S. and its allies.

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