25/08/2016

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:00:00. > :00:16.Now for the latest financial news with the World Business Report.

:00:17. > :00:18.Google, Facebook, Twitter are accused of being the "lifeblood

:00:19. > :00:20.of ISIS", that's the conclusion in a critical report

:00:21. > :00:30.It calls on the tech giants to do more to tackle online extremism.

:00:31. > :00:34.The boss of Thomas Cook tells us what are the latest trends

:00:35. > :00:41.are in tourism as terrorism and instability rocks the industry.

:00:42. > :00:48.Also in the programme, Rico Hizon reveals why Asian

:00:49. > :00:51.companies are the mostly likely to be hacked and not notice.

:00:52. > :01:02.But first, when does a business become more than just a business?

:01:03. > :01:04.A damning new report says that companies like Facebook and Twitter

:01:05. > :01:07.are "consciously failing" to prevent the use of their websites

:01:08. > :01:14.According to the report, in 2014 Google removed over 14

:01:15. > :01:16.million videos that were linked to terrorists, and Twitter had

:01:17. > :01:21.suspended over 125,000 accounts between mid-2015 and February

:01:22. > :01:27.Despite this, the committee describes the actions as only

:01:28. > :01:32.In response to the report, Twitter points out that

:01:33. > :01:34.that its efforts have been welcomed by numerous third parties,

:01:35. > :01:46.including the Interior Minister of France.

:01:47. > :01:49.Meanwhile, Facebook says that "Terrorists and the support

:01:50. > :01:51.of terrorist activity are not allowed on Facebook".

:01:52. > :01:54.The company went on to say that online extremism can only be tackled

:01:55. > :01:55.with a strong partnership between policymakers,

:01:56. > :01:58.civil society, academia and companies.

:01:59. > :02:03.With me is Dr Erin Marie Saltman, Senior Counter Extremism Researcher,

:02:04. > :02:08.the Institute for Strategic Dialogue.

:02:09. > :02:15.Welcome. I understand that this group of politicians consulted with

:02:16. > :02:19.you to a degree before putting the report together, but you have read

:02:20. > :02:23.it and feel it is already out of date? It does seem out of date, and

:02:24. > :02:26.what is unfortunate is that it does not seem to take into consideration

:02:27. > :02:32.how much the UK government has evolved with these companies and how

:02:33. > :02:36.much the international community has evolved. That is where we see

:02:37. > :02:40.positive progress. It is not about doing more for the sake of doing

:02:41. > :02:45.more. You need different sectors partnering together so that social

:02:46. > :02:49.media companies understand the state of play with counterterrorism

:02:50. > :02:56.efforts and that civil society gets involved to provide a credible voice

:02:57. > :03:00.and counterculture to what we see. At the social media companies doing

:03:01. > :03:04.enough? They could be doing more. They are definitely doing even a lot

:03:05. > :03:09.more than they were two years ago. But they can't do more and have it

:03:10. > :03:12.be as effective unless it is done well with other sectors. They don't

:03:13. > :03:18.have the expertise in-house. Takedown is not just the answer. We

:03:19. > :03:24.have seen that censorship alone are not only doesn't help but sometimes

:03:25. > :03:28.works against us. Then we see the migration to less regulated, more

:03:29. > :03:32.encrypted platforms, which means we lose people to encrypted networks

:03:33. > :03:38.and we are not able to help. Censorship alone is not the answer.

:03:39. > :03:43.It is not just about the Internet, either. It is not just an online

:03:44. > :03:48.phenomenon, radicalisation. We have to work both online and off-line.

:03:49. > :03:54.There is also a fine line between what we are talking about in terms

:03:55. > :03:59.of extremism and unwelcome behaviour. How do you measure what

:04:00. > :04:05.is termed as extremism and possibly terrorism, and what is just

:04:06. > :04:12.unwelcome behaviour? That continues to be defined. Extremism does not

:04:13. > :04:19.necessarily mean illegal. There is extremism that is not necessarily a

:04:20. > :04:24.legal. We have seen at in some of the attacks recently, the

:04:25. > :04:28.perpetrators have been arrested and not convicted. The government has an

:04:29. > :04:31.issue in trying to define that concretely. You can understand why

:04:32. > :04:38.social media companies struggle working in that grey area of legal

:04:39. > :04:43.versus illegal speech. Yes, very interesting. The devil is in the

:04:44. > :04:49.detail. There is a lot more on our website about this, so take a look

:04:50. > :04:50.at that. Staying in the digital

:04:51. > :04:52.domain, 520 days. According to a new study,

:04:53. > :04:58.that's how long it takes for Asian companies to discover a data breach

:04:59. > :05:00.in their computer systems. Rico Hizon is in our

:05:01. > :05:03.Asia Business Hub in Singapore. Rico, this is pretty

:05:04. > :05:13.shocking, isn't it? That is hard to believe? Yes,

:05:14. > :05:21.unbelievable, right? Hackers can unroll the computer systems of Asian

:05:22. > :05:26.companies and government officials for that long! Very concerning.

:05:27. > :05:32.According to a study, hackers breach popular targets such as government,

:05:33. > :05:36.education and energy companies, aerospace, defence and healthcare,

:05:37. > :05:40.as well as financial institutions, those other favourites. Most

:05:41. > :05:45.breaches never became public in the region because unlike markets with

:05:46. > :05:50.greater security measures such as the United States, most governments

:05:51. > :05:59.and governing bodies in the region lack effective breach disclosure

:06:00. > :06:07.laws. Asian organisations are often unprepared to identify the attackers

:06:08. > :06:11.because they lack the basic response process as well is the plans and

:06:12. > :06:18.expertise. The bottomline is that you need to invest in Internet

:06:19. > :06:26.security. Organisations that much of band together with -- organisations

:06:27. > :06:31.must band together. It is all about money and investment to be able to

:06:32. > :06:36.protect yourself these days. Thank you very much. It is often about

:06:37. > :06:41.money and investment. There seems to be a theme around today's programme,

:06:42. > :06:41.the worries of terrorism and security.

:06:42. > :06:44.It's been a tough year for tour operators trying to provide

:06:45. > :06:46.affordable holidays in Europe's traditional holiday destinations

:06:47. > :06:48.despite a growing number of security alerts.

:06:49. > :06:50.Speaking to BBC local radio, Thomas Cook CEO, Peter Frankhauser,

:06:51. > :06:59.told Emily Unia how travel habits have changed.

:07:00. > :07:11.In terms of destinations, this year we saw a massive shift. Two metre is

:07:12. > :07:18.closed for us, we cannot fly there. In Egypt, Schar Mel Shaikh is still

:07:19. > :07:29.closed. Turkey had a difficult time with the terrorist attacks. We also

:07:30. > :07:33.moved a lot of our capacity. There have been some big upheavals in

:07:34. > :07:39.Turkey, terrorist attacks and a failed military coup. How safe is it

:07:40. > :07:44.really for people to be going now? -- Sharm el-Sheikh. We rely on the

:07:45. > :07:51.intelligence services of the UK, and they tell us it is safe to go. As

:07:52. > :07:55.long as they tell us that, we are offering the flights. At the end of

:07:56. > :08:01.the season, we will have had about 1.8 million customers who still want

:08:02. > :08:08.to go to Turkey. That is a lot. We took the decision, at first, to move

:08:09. > :08:16.our capacity of seats. We cut that capacity in early January and moved

:08:17. > :08:25.them into Spain. This is where we see, this year, the customer demands

:08:26. > :08:32.is changing. Spain is very packed, so the whole industry had a problem

:08:33. > :08:37.that the capacity was running out. Moving on to the Brexit, overall,

:08:38. > :08:45.how has that upheaval affected business? We don't see any impact in

:08:46. > :08:55.terms of customer demands so far. If you book with us, we are hedged on

:08:56. > :09:02.fuel and till 2017, the same with currency. I don't think it will have

:09:03. > :09:04.a big impact. The chief executive of Thomas Cook. A look at the markets

:09:05. > :09:06.now. In other news: Shares for HP

:09:07. > :09:09.are lower after the company gave a negative outlook

:09:10. > :09:11.in its latest results. The company's revenues fell 3.8%

:09:12. > :09:13.in the third quarter. Revenue from its computer business

:09:14. > :09:16.was flat, while its printer business Its forecast for fourth-quarter

:09:17. > :09:18.profits was below analysts' HP has slashed about

:09:19. > :09:33.2,300 jobs this year. Janet Yellen will be speaking at the

:09:34. > :09:45.annual federal reserve symposium on Friday. The markets are kind of in

:09:46. > :09:51.wait-and-see mode. This is how it is going in the Asia region at the

:09:52. > :09:52.moment. I'll see you