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Aug 10, 2016

Forum Discusses Cyber-Security

Sean Fouché

The forum also saw the participation of ICT Manager Sean Fouché, from the implementation agency for crime and security with CARICOM Impacts. Cyber security, specifically when it comes to money laundering, internet fraud and funding for transnational crimes, has been identified as the number one threat to the security of the region. The organization has developed a strategy to strengthen the region’s resilience against cyber crime. The lead regional agency is also focused on the issue of the loss of correspondent banking.


Sean Fouché, ICT Manager, CARICOM Impacts

“The environment is basically ripe of cyber crime activity because as you rightly say there is an increase in the use of the internet for economic development, for the banking for commerce. But what you also find that coming out of a number of studies done within the region is that there is a lack of proper infrastructure or an ecosystem in terms of dealing with it.”


Duane Moody

“That brings to the forefront the issue of loss of correspondent banking in the region in terms of cyber security and it affects ecommerce and all of that. Talk to us about where we are, in terms of the organization you represent, and how we are dealing with this issue.”


Sean Fouché

“Right and that is a very good question. So CARICOM Impacts has recently collaborated with the CTU, the O.A.S. and Commonwealth Secretariat and we have developed what we call a CARICOM Cyber Crime and Cyber Security Action Plan and that basically spells out the way in which we as CARICOM agencies and CARICOM countries will actually be dealing with cyber crime as we move forward. So therefore we talk about things like a regional cyber committee which will be representatives from each members states that will come together and deal with the issues. We talk about the five need areas and also coming out of the strategy is about looking at minimum standards that we hope to get to. Because one of the things that we realize is that a lot of member states may not have the impetus to put what is required in place because as everything else you never feel it until it burns.”

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Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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