Global Risk Report 2018 : Top Three Cyber ​​Attacks

World Economic Forum (WEF) on January 17 released “Global Risk Report 2018 ” said that in 2018 strong economic growth, global risk is also further exacerbated, compared with previous years, people on security issues Has increased for the first time, cyber attacks have for the first time been included in the list of the top five global security risks and become the world’s third-largest risk factor after natural disasters and extreme weather events in 2018.

Top Ten Potential Risk Threats

The top ten most likely risks are extreme weather events, natural disasters, cyber attacks, data scams or data theft, climate change mitigation and response failures, massive involuntary resettlement, man-made environmental disasters, terrorist attacks, illegal trade, asset bubbles in major economies.

Global Risk Report 2018

According to the 2018 Global Risks Report, the number of cyber incidents in commerce has doubled over the past five years, with the average number of cyber attacks surveyed from 2012 to 2017 rising from 68 to 130 Times. In 2016 alone, there were 357 million new malware and trojans appearing on the web to steal account information and a total of 4 billion data messages indicating malicious intrusion into corporate networks.

Internet of Things security will be explosive growth

The report also warned that with the rapid growth of the Internet of Things market, the world is on the verge of crisis exponentially growing. The report predicts that the new networking equipment will usher in an explosive growth. In 2017, 8.4 billion IoT devices will grow to 20.4 billion by 2020.

DDoS attacks are more frequent

The report mentions that DDoS attacks are extremely prevalent and one of the major threats of the moment. The average number of intrusion activity that DDoS targets hit in quarterly cycles in 2017 were as many as 32.

Phishing attacks need to raise user awareness

“WEF Global Risks report highlights the extortion software and phishing e-mail as the main serious consequences brought about by means of cybercrime, various organizations and communities need to invest more than ever High awareness, support, and promotion of cybersecurity training … Cyber threats can have the same economic impact as environmental disasters, Just as hurricanes, floods and other extreme natural disasters can lead to successful cyber attacks that can lead to the maintenance of our society’s normal functioning The core system is paralyzed.”

Cybercrime, blackmail attacks continue to increase

The report mentioned many ransomware attacks in 2017, such as the ransomware WannaCry infected 300,000 computers in 150 countries around the world. NotPatya viruses have also spread across Europe, resulting in the abnormal operation of banks, power companies and telecommunications companies in many countries. As a result, the global infrastructure has been affected, and these attacks have led to the widespread consensus that the damage caused by cyber attacks goes far beyond economic loss.

The risk of critical infrastructure is increasing

“The solution to analyzing weaknesses in infrastructure, adopting a new safety culture and preventing it from escalation to crisis, applies to all audiences, from the government to business to community.” Developing and investing in cyber-resilience-related strategies is crucial to building a strong protection system, coupled with a proven data archiving and recovery strategy that ensures that we continue to access and use the electronics in the event of a non-compliance incident Mail and other important systems. ”

The report argues that while the vast majority of cyber-attacks targeting key and strategic systems have not succeeded, numerous cyber-attacks try to make clear that the global risk of cyber-attacks continues to rise. And, as the relevance of the current world is getting more and more complex, cyber attacks not only cause isolation and sudden impact but also bring more severe and irreversible systemic impact. The report shows that large-scale cyber-attacks rank third in the probability of occurrence and that cyber-dependency is the second most important factor affecting the global risk profile over the next decade.

The 2018 annual meeting of the World Economic Forum, entitled “Strengthening Cooperation in a Differentiated World,” will be held in Davos, Switzerland from January 23 to January 26 to call for the international community to work together to address major global risks.

Reference: weforum