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World Leaders and Cyber Security

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World Leaders and Cyber Security

[vc_row][vc_column][vc_column_text]There is reason to be cautious, whether you are in India, or in the US—Modi or Trump

By Sujit Bhar

Eric Geller, an American cyber security reporter, reiterates in Politico that the Android phone that US President Donald Trump uses could be a cyber security threat for the White House and even for those inside the administration. Trump has been given a super secure, encrypted phone by his security aides and Geller quotes a New York Times report which said Trump keeps using “his old, unsecured Android phone, to the protests of some of his aides”.

He lays out two troubling issues. First, Trump reportedly uses a 2012 Samsung Galaxy S3, that “no longer receives software updates from their manufacturers or wireless carriers”. Which, in turn, means that it is open to security threats. Secondly, he points out that while Google’s Android technology offers many more options to the user than an Apple iPhone does, it is hardly secure. The Apple encryption, on the other hand, is so secure that even the FBI has reported that it can’t break through.

So what are the problems? Geller talks about a research that found “one of the most dangerous Android vulnerabilities, the so-called Stagefright bug, which lets hackers take control of a phone using only a text message.”

Now that is scary. Geller talked to Matthew Green, a computer science professor at Johns Hopkins University, who said: “It’s just crazy that the president is interacting with such an out-of-date and likely insecure device.” This was echoed by Bruce Schneier a leading cyber security expert, who told Politico: “His (Trump’s) off-the-shelf Android could potentially become a room bug without his knowledge. An attacker could certainly hijack his apps.”

The question is whether Trump uses this phone to discuss state secrets, in which case somebody can easily snoop. If he texts from this phone, it possible that somebody (outside the administration) can read it. And since Trump is a Twitter-bug, a quick entry point is provided to the hackers through this.

This was made evident in India through hackers who call themselves ‘Legion’; they had hacked into the email databases of some top journalists. That would be chicken feed if top hackers of the world manage to plant a Trojan-type bug into Trump’s phone and then start listening.

Technically, Trump’s using his personal Andriod phone for official purposes would be akin to Hillary Clinton using her personal email to transfer important state documents; an issue Trump has never stopped harping on.

Okay, there is this knowledge that Trump actually is less of a cyber guy and uses paper from a small notepad to scribble instructions. That, though, remains in the realm of uncertainty.

Epiphany time

What this has done is that it has enlightened the pubic on the risks of existing in an insecure cyber atmosphere. India has taken this seriously too. Indian Prime Minister Narendra Modi has been seen with a number of phones, and there is curiosity as to which brand his phone actually is. But he has also been seen with an iPhone, and this probably is because of its security features.

It is possible to secure an Android phone to only that extent. The intrinsic security structure of an iPhone has been upgraded to a very high level. So Modi, who is also a bit of a Twitter-bug will be secure while doing so.

India is trying to get its act together as far as cyber security is concerned.

According to the site SecurityIntelligence there is major work on to bring India on a par with international security standards. India is set to introduce freshly minted encryption and privacy policies and will move to amend the existing laws that mostly fail to address international systems, and link with international law-enforcers.

To start with, Indian has appointed a Chief Information Security Officer (CISO). At this point there is no national agency that can assess India’s cyber security threats and weave responses. This is in the discussion stage, but things are moving fast. However, top level officers and the Prime Minister cannot wait for a system to be in place before securing national secrets and himself.

During Modi’s trip to the US in the Barack Obama regime, he had talks with the Americans regarding US-India Cyber Relationship Framework which will lead to legal frameworks as well as proper mechanisms for implementation. This has not, yet, translated into a treaty.

India has cyber security deals with Malaysia and the European Union and more countries would soon come into this ambit.

India is in a position to secure top government offices with alacrity, because India can afford to leapfrog the preliminary stages of development of a security system and directly adopt one that has worked so far.

This is also relevant to commerce and industry. A report, “2016 Cost of Data Breach Study: India” said such cost increased 9.5 percent for each Indian company, with 41 percent of all Indian companies experiencing such data breach. This could be disastrous in the software and the pharmaceutical industries, which are India’s Intellectual Property strengths at this point of time.

Maybe Modi understands the threats a little more than Trump. There is reason to be cautious, whether you are in India, or in the US. Every level of citizenry is under a threat perception, probably for the first time in history.[/vc_column_text][/vc_column][/vc_row]

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India considers tax relief to attract foreign investors amid Iran war impact

India is evaluating tax incentives, including a possible capital gains tax exemption on government securities for foreign investors, to support capital inflows amid economic pressures linked to the Iran war.

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India is considering a set of measures aimed at attracting more foreign investment as the ongoing Iran war continues to create pressure on the country’s economy, according to reports citing government sources. One of the key proposals under discussion is the removal of capital gains tax on investments made by foreign portfolio investors (FPIs) in government securities.

The move comes at a time when geopolitical tensions in West Asia have pushed up global oil prices, weakened investor sentiment and increased pressure on the Indian rupee. India, which imports a significant share of its crude oil requirements, has been among the countries closely monitoring the economic fallout from the conflict.

Government exploring ways to boost capital inflows

Officials are reportedly evaluating tax-related incentives to make Indian debt markets more attractive to overseas investors. The proposed exemption on capital gains from government securities is aimed at encouraging foreign portfolio investment and supporting capital inflows during a period of heightened global uncertainty.

The government is seeking to counter the impact of foreign capital outflows that have intensified amid concerns over the Iran conflict and its implications for energy markets and global economic growth.

Rupee and markets under pressure

Recent weeks have seen increased volatility in financial markets, with foreign investors pulling money out of Indian equities. Analysts have linked part of the pressure on the rupee to rising oil prices and continued overseas investor withdrawals.

Market participants believe that measures aimed at attracting foreign investment into government securities could help improve investor confidence and provide support to the domestic currency.

Broader economic concerns

The Iran war has added to concerns about inflation, economic growth and India’s external sector. Higher energy prices can increase import costs and put pressure on inflation, while sustained foreign capital outflows may affect financial market stability.

While no final decision has been announced, discussions on easing tax rules for foreign investors reflect the government’s efforts to strengthen capital inflows and cushion the economy from external shocks.

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US proposes new tariffs on India over forced labour concerns amid trade negotiations

The United States has proposed additional tariffs on imports from India and 59 other economies following a Section 301 investigation into forced labour-related trade concerns.

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Donald Trump statement

The United States has proposed imposing additional tariffs on imports from India and 59 other economies after concluding that these countries have not taken sufficient steps to prevent the importation of goods allegedly linked to forced labour. The proposal was announced by the Office of the US Trade Representative (USTR) as part of an investigation conducted under Section 301 of the US Trade Act.

According to the USTR’s findings, India could face an additional tariff of 12.5% on goods exported to the United States. The proposed measure is part of a broader plan targeting 60 economies, with tariff rates ranging between 10% and 12.5% depending on the findings related to each country.

India among countries facing higher tariff proposal

The USTR said India had not effectively enforced restrictions on imports made using forced labour, describing the issue as a burden on US commerce. The agency argued that inadequate enforcement by major trading partners creates unfair competition for American workers and businesses.

While countries including Canada, Mexico, the European Union and the United Kingdom are proposed to face a 10% tariff, India is among a larger group of economies that could be subjected to a 12.5% duty under the recommendation.

Proposal comes during India-US trade discussions

The tariff proposal has emerged while Indian and US officials are engaged in trade negotiations aimed at strengthening economic ties between the two countries. A US delegation led by Assistant USTR Brendan Lynch is currently holding discussions with Indian officials in New Delhi.

India’s Commerce Ministry has indicated that discussions with the United States on the matter are continuing and noted that the proposed tariffs have not yet been finalised. The USTR has invited public comments on the proposal until July 6, with a public hearing scheduled for July 7 before any final decision is taken.

Certain products may remain exempt

The proposed tariffs include exemptions for several categories of goods, including some energy products, pharmaceuticals, rare earth materials and selected agricultural commodities. Additional details regarding sector-specific measures, including proposed textile-related actions, are expected to be released separately.

The latest move follows a Section 301 investigation launched earlier this year into forced labour concerns across global supply chains. Any final decision on imposing the tariffs will be made after the consultation process is completed.

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Trump reportedly rebukes Netanyahu over Lebanon strikes amid ceasefire concerns

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US President Donald Trump reportedly delivered a sharp rebuke to Israeli Prime Minister Benjamin Netanyahu during a phone call over Israel’s military actions in Lebanon, as concerns grow that renewed hostilities could jeopardise fragile diplomatic efforts in the region.

According to multiple reports, Trump expressed frustration over Israeli strikes linked to ongoing tensions with Hezbollah in Lebanon. The reported exchange came at a sensitive time, with Washington attempting to prevent further escalation while also pursuing broader diplomatic discussions involving Iran.

Reports point to unusually tense exchange

Sources cited in international reports said Trump used unusually strong language during the conversation, warning that continued military actions risked damaging efforts to stabilise the situation. One report claimed Trump told Netanyahu that his actions were hurting Israel’s international standing and complicating diplomatic initiatives.

The reported disagreement followed Israeli operations against Hezbollah-linked targets in Lebanon. While Israeli officials argued that the actions were a response to security threats and ceasefire violations, the US administration has been pushing for restraint to avoid a wider regional conflict.

Lebanon fighting threatens broader diplomatic efforts

The latest tensions come amid efforts to maintain a ceasefire framework between Israel and Hezbollah. US officials have been involved in discussions aimed at reducing hostilities and preventing attacks on major Lebanese population centres, including Beirut.

Reports indicate that Trump personally intervened to discourage further escalation and support negotiations intended to preserve regional stability. Hezbollah has reportedly signalled a willingness to consider a broader ceasefire arrangement if reciprocal commitments are made.

Differing public messages after the call

Despite reports of a heated conversation, Trump later suggested publicly that discussions had been constructive and that progress had been made toward reducing tensions. Netanyahu, however, maintained that Israel would continue to respond to security threats and would not alter its overall approach toward Hezbollah if attacks persisted.

The developments highlight growing challenges facing diplomatic efforts in the Middle East, where the conflicts involving Israel, Lebanon and Iran remain closely interconnected. Analysts say any major escalation in Lebanon could further complicate ongoing negotiations and increase instability across the region.

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