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Are we ready for solar storms, submarine cable cuts, satellite disruptions, and extreme weather to disrupt communication networks and potentially trigger a "digital pandemic"?
A new report - "When digital systems fail: The hidden risks of our digital world" - outlines risk scenarios on Earth, at sea, and in space, analysing the fragility of interconnected digital systems and offering a roadmap for preparedness.
Experts brought together by the International Telecommunication Union (ITU), the United Nations Office for Disaster Risk Reduction (UNDRR), and the Technology and Global Affairs Innovation Hub of the Paris School of International Affairs, Sciences Po, call for coordinated action between countries to improve digital resilience and protect essential services like healthcare, finance, and emergency response.

Digital wallets are unbeatable for convenience – easing payments, helping verify your identity, and keeping your funds accessible as you move around. Until you cross an international border. That’s when regulatory differences, currency conversion issues, and technical glitches can all suddenly get in the way. At that point, plastic cards or old-fashioned cash may still […]

Digital wallets are providing millions of people with their first opportunity to save, make digital payments, and develop a transaction history attesting to their creditworthiness. At the WSIS+20 Forum High-Level Event, the International Telecommunication Union (ITU) and the Linux Foundation announced their intent to launch an OpenWallet Forum to stimulate global access to the digital […]

The “shared secret” username-password model of authentication comes with security risks too great for digital financial services. Even the best-formulated passwords can be compromised. When user credentials are stolen, people’s investments, credit card accounts, and hard-earned savings tend to follow. Are you working on password-less authentication solutions on blockchain to safeguard people’s money? The ITU […]

By Simon Torkington, Senior Writer, Forum Agenda , World Economic Forum Over the past decade, the global financial technology (fintech) industry has experienced a surge in growth. Digital banking and financial services are proving transformative, both in developed economies and also in regions where billions of people have previously struggled to access banking services. New […]

Explore the various challenges that consumer protection and data privacy law and regulation face with regard to big data and machine learning techniques. Read now!

By ITU News While seeing his friends and neighbours struggle to achieve financial stability, Clement Muhirwa sensed an opportunity for innovation. Many of Rwanda’s contractors and casual workers, even when earning decent wages, remain “unbanked” – excluded from the formal financial system. All around him, the Kigali-based innovator saw people who, although gainfully employed, lacked […]