We live in world of technology these days. While the internet brings with it clear advantages, the problem in terms of control and security of information outweighs the advantages. To what extent do you agree?

Technological advancement these days has paved the way for globalization and one of the prime examples of

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development is the

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. While the

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has profited the masses, some

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consider the challenges that it brings supersedes its advantages. In my opinion,

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theft and

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is a concerning issue,

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does not undermine the benefits which the

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offers. Admittedly, as much as

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have benefited from the

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, it has

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opened the door for

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privacy

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and thefts. Hackers can easily access the servers of companies and can hack precious

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, which in most cases is only recovered after paying a hefty ransom.

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, identity theft and financial frauds on the

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are leading examples registered under the

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privacy

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and security threats.

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, I myself like many other

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have been a victim of

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vicious acts. These sorts of incidents are not only financially damaging for an individual, but they

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leave a serious dent in the psychological well-being of a person.

On the contrary

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, there are countless benefits of the

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at the Micro and Macro levels.

Firstly

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, it has massively helped to increase the communication between the countries that has led to new ways of doing business. Numerous companies are now able to export their services to the international circuit and serve their clients. To illustrate, I.T sector in Pakistan in 2019, through its export services, contributed to 7% of the country’s GDP growth.

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, the

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has helped

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to connect with each other via social media. Through

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platform,

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can not only communicate with each other in lighting speed, but social-media marketing has assisted in tremendous growth for small and medium scale businesses.

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,

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for those

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individuals who were unemployed

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has helped them to earn their bread and butter via free-lancing services. In conclusion, even though,

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security is one of the major challenges, but that does not dampen the massive benefits that the

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offers. Through implementing strict

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privacy

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laws and policies and educating the masses, these challenges and threats can be eradicated.