With the ever increasing growth in connectivity, the dependence on Internet-based platforms
has grown simultaneously, along with increased exposure to cyber related crimes. Despite the
development and deployment of sophisticated cyber security solutions, patches, and updates,
there has been a continuous increase in the number of cyber-attacks globally. For example, in
2018, a series of attacks from a group called ‘Magecart’ took place. This group was responsible
for publicized breaches, including Ticketmaster and Feedify. With this, in addition to the recent
spate of ransomware attacks on other targets such as FedEx, San Francisco's light-rail network,
and Britain’s Notional Health Service, it is clear that the frequency and complexity of attacks
have increased.
An undeniable fact, is that many notions and organizations are struggling to keep pace with
cybercriminal activities. The costs of cybercrime have been estimated to have quadrupled since
2015, reaching $2.1 trillion by the end of 2019 and outpacing spending on cybersecurity by over 16
times". Gartner forecasts that industry spend in 2018 will reach $93 billion, as traditional security
measures such as firewalls and anti-virus software prove to be inadequate’s.
Cybersecurity hasnow become an increasing partof
the national diclogue in Belize, with discussions
to address this issue being staged among different sectors of the country. Over the pustfew years,
several government agencies have also been working in order to address cybersecurity. Since 2014,
the Ministry of National Security has been working on coordinating this at the national level and
had organized a Cybersecurity Ad Hoc Committee, made up of multiple stakeholders, including
academia and the private sector, to work together on building awareness about cybersecurity
and cybercrime in Belize. Since then an inter-institutional cybersecurity task force, led by the PUC,
NSCS, CITO and comprising a cross section of national stakeholders (both public and private
sector, academia and civil society groups) was established in 2018 and was instrumental to the
development of this Strategy.
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