Cybersecurity Multi-Donor Trust Fund by World Bank
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25 August 2021 Current Affairs:A new Cybersecurity Multi-Donor Trust Fund has been launched by the World Bank, to better roll out a cybersecurity improvement agenda in a systematic manner.
Highlights:
♦ This new fund has been developed as an associated have confidence fund below the broader Digital Development Partnership (DDP) umbrella program.
♦ The World Bank has partnered with 4 countries, particularly Estonia, Japan, Germany, and the Netherlands, to launch the fund. The main intention of this new fund is to beautify cyber and digital protection functionality and potential in World Bank member countries, with the development of international knowledge, country assessments, technical assistance, ability building and training, alongside indispensable investments in infrastructure and technology.