Cyberattacks Rank at the Top for Global Future Impacts

Image for post
Image for post

Cyber attacks, the man-made disaster, now ranks in the top 3 risks for likely disruption to society. Only extreme weather and natural disasters are ranked higher.

Image for post
Image for post

The World Economic Forum (WEF) publishes the Global Risks Report which outlines the most likely and impactful global risks. This year, Cyberattacks ranked third for the most likely and quite high for the impact. The global risks report can be found here: https://www.weforum.org/reports/the-global-risks-report-2018 which analyzes survey data from almost a thousand experts.

Image for post
Image for post

Source: Global Risks Report 2018,
World Economic Forum

We have come a long way. Less than a decade ago, cybersecurity was largely ignored. Now, it is headline worthy every day and the pace continues to increase. I believe it is a testament to our embrace of better technology, which always comes with accompanying risks. We must get better at understanding and preparing for how the next great tool may be used for good or harm. It is time to think more strategically in how to embrace the greatness of new tech, while minimizing the risks to an acceptable level. To paraphrase Sun Tzu, “do what is great, while it is easy”. It may be hard to believe, but we are still in the ‘easy’ phase. As this ranking predicts, it can get much more difficult.

Interested in more? Follow me on your favorite social sites for insights and what is going on in cybersecurity: LinkedIn, Twitter (@Matt_Rosenquist), YouTube, Information Security Strategy blog, Medium, and Steemit

Cybersecurity Strategist and CISO specializing in the evolution of threats, opportunities, and risks in pursuit of optimal security

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store