Research institutes release G20 cybersecurity trend report

G20 Summit

Research institutes release G20 cybersecurity trend report

The G20 summit will kick off Sunday in the Chinese city of Hangzhou.

Ahead of the summit, a group of research institutes from the Asia Pacific region have gathered in Beijing to discuss internet trends in the world’s largest economies. Delegates also held talks on cyber space cooperation projects and ways to safeguard information online.

CCTV’s Lu Wei has more.

According to a report by 360 Security Center, a Chinese security service provider, there were over 85.5 billion cyber-attacks last year alone, which is more than 2,000 attacks each second.

“The Internet is one of the most important factors for growth among G20 economies,” Lyu Benfu, deputy head of China Institute for Innovation & Development Strategy said. “The Internet can help create economic growth, but if it isn’t reliable, that growth won’t be sustainable.”

Experts believe G20 nations should work together to build an Internet that is secure and open while respecting each other’s cyberspace.

“In today’s world, terrorism, security and cybersecurity are top issues,” said Wang Huiyao, founder and president of Center for China & Globalization. “We need to establish a kind of global governance system to ensure cybersecurity.”

Founder of, Fang Xingdong also pointed out that “the root of cyber security problems is a lack of a unified regulatory system.”

“And this year’s G20 summit provides a perfect platform for the world’s major economies to reach some kind of consensus,” Fang said.

Earlier this month, China successfully launched the world’s first quantum satellite called “Micius.” The project’s mission is to develop a ‘hack-proof’ communication system by relaying quantum data through outer space. If China succeeds, the Micius project will mark a major step forward in making the cyber world more secure.