GTFS: Global Trends and Future Scenarios Index

Beyond data breaches: global interconnections of cyber risk

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Through a combination of stable technology, dedicated technicians and, resistance to random outages, the Internet has been resilient to attacks on a day-to-day basis, creating an extended period of prosperity. Yet, as we approach nearly absolute dependence on the Internet, cyber attacks of the future can and will affect globally interconnected systems like electrical grids and worldwide logistics systems. This Internet of tomorrow will be a source of global shocks for which risk managers, corporate executives, board directors, and government officials are not prepared.

Issue:
Technological innovation
Region:
Global
Year Published:
2014
Institutions:
Zurich Insurance Company Ltd, Atlantic Council