What is the biggest risk event in 2019?

As the world adopts digitization in every sphere of life, is cyber-security the biggest risk frontier facing world economies? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in Business Times – Singapore.

World economies are ready to adopt technological advancements but the downside is a possible cyberattack on IT systems across any country. These could cripple governmental, financial, healthcare and other systems.

A cyberattack could come from state or non-state actors – terrorists, hostile foreign powers or criminal syndicates.

A determined and massive cyber-attack could paralyze B2B and B2C online transactions. In such a scenario,

industries depending on online transactions for sales or supply chain activity could be severely hit.

Read more : https://www.spireresearch.com/newsroom/media/what-is-the-biggest-risk-event-in-2019/

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