The Union Telecom Minister, Kapil Sibal has called for a global effort to fortify cyber security, as it is important to conceal vital information for countries in various sectors such as information technology, energy, power, nuclear installations and banking.

Interacting with reporters at the Third Worldwide Cyber Security Summit in New Delhi, Sibal said that such security is necessary as online space doesn’t have a boundary and information could travel miles, affecting or influencing sensitive matters.

“Cyber security is a very crucial issue. All the data is in the cyber space and nowadays all important transactions occur there. So, it is very important for us to conceal certain information and prevent infringement. There is no territorial boundary in the cyber space. We also need to classify correct and incorrect information and filter it later. When we put information on the Internet it is tough to keep a track of where it is being hosted. Hacking is another issue which has now transformed into a trilliondollar industry.”