A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 180 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 81 countries worldwide, and 186 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.

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Cybercrime: The Key Threat to the Digital Economy
7 September 2017

Due to explosive growth of technologies, the most innovative actors in the international community have been transitioning to the digital economy, Russia being one of the leading participants in this «race». The total «digitalization» and other disruptive processes force Asia-Pacific companies to change their conventional practices and approaches to doing business, which means overhauling management models. The increasing take-up of AI, Big Data, Blockchain in traditional sectors of economy is enabling people on the planet to break-through to much higher living standards. The unfortunate truth is that the criminal world adapts to technological changes very quickly, and we are all becoming unwilling witnesses of international businesses falling victims to cyberattacks. Such attacks are becoming increasingly targeted, automated, simple to manage and wide-spread, whereas hacker communities are becoming ever higher organized and international. Not only conventional businesses are threatened. For example, attacks on electronic exchanges and wallet management systems of several cryptocurrencies based on blockchain inflicted damage equivalent to USD 100 million last year. Sberbank, as the largest financial institution in Russia, CIS and Eastern Europe, encounters cyberattacks every day and is keenly aware that only united efforts of state institutions, financial and corporate sectors of the world economy in fighting cyberthreats can pave a secure way for a transition to our digital future. How can Far East companies in Russia get securely integrated into the ecosystem of a digital business? How can Asia-Pacific nations interact effectively in fighting cybercrime?

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