Cyber Security Must Be Priority Number One

GUEST POST – Deon Olton, Caribbean Cyber Security Center

Bridgetown Barbados:—  Caribbean Cyber Security Center.
The penetration of internet access in the Caribbean region has undoubtedly paved the way for greater access to the information superhighway and the benefits of competing on the global stage. However, with this access comes great responsibility and risk and we will soon learn that ignorance is no excuse and what we don’t know can and will hurt us.

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Past Governor Of Central Bank: Productivity Lessons From Singapore

BRIDGETOWN, Barbados – In his most recent economic letter – Dr. DeLisle Worrell, immediate past Governor of the Central Bank of Barbados – looks at productivity lessons from Singapore, a country which has been compared and contrasted to Barbados from a development standpoint.

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WannaCry Threat Still Real, Possible Links To North Korea

Almost 72 hours have passed since the WannaCry ransomware attacked computers and networks across the globe. Here’s a recap:

Starting Friday (May 12) hundreds of thousands of computers across 150 countries were hit. Organizations affected include: The UK’s National Health Service (NHS), FedEx, Telefonica and Renault. The software infected computer files and demanded a ransom of several hundred dollars payable in Bitcoin.

WannaCry was delivered via a vulnerability discovered in recent Windows Operating Systems, but which was patched back in March 2015.

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IMF: Fifth Year Of Growth Expected For St. Kitts and Nevis In 2017

BASSETERRE, St. Kitts and Nevis – Driven by the country’s Citizen-by-Investment (CBI) programme, and prudent macroeconomic policies, the IMF in their concluding statement of their 2017 Article IV Mission,  said that the island is expected to enjoy its fifth consecutive year of growth.

“Notwithstanding a difficult international environment, St. Kitts and Nevis’ economy is expected to grow again in 2017 for the 5th consecutive year. St. Kitts and Nevis’ strong macroeconomic performance owes much to the robust Citizenship-by-Investment (CBI) inflows and their spillovers to the economy, as well as overall prudent macroeconomic policies. Against the background of elevated risks to CBI inflows and risks associated with completion of the debt-land swap, the mission focused on measures to safeguard macroeconomic and financial stability, including by strengthening the fiscal policy framework and reducing reliance on CBI inflows, and necessary reforms to attain sustainable, inclusive growth.”

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Source: IMF