In my previous career at Lithuania’s Communications Regulatory Authority (RRT), I had the opportunity to observe how EU member states began to acknowledge and embrace the importance of cybersecurity. For many of them, though, it would begin with a major shock – a serious national-level cybersecurity incident.
Since joining the World Bank, I have observed a similar trend across the developing countries. For instance, the Government of the Kyrgyz Republic has begun to place stronger emphasis on cyber resilience after a series of incidents, including digital vandalism of organizations’ websites. Among other considerations, also these cyber events led to the inclusion of cybersecurity financing in a World Bank $50 million Digital CASA (Central Asia-South Asia) – Kyrgyz Republic Project
while, at the same time, the Bank catalyzed complementary grants for technical assistance to the government.
One of these grants is the “Global Cyber Security Capacity Building Program”. We chose the Kyrgyz Republic as the first beneficiary country for the Program, and then others followed suit: Ghana, FYR Macedonia, and Myanmar. The financing came from Korea’s Ministry of Strategy and Finance (MoSF), through the Korea-World Bank Group Partnership Facility
(KWPF), which is administered by the World Bank.