Davos attendees are in for one of the bleaker WEF meetings of late
London — The threat of large-scale cyberattacks and a "deteriorating geopolitical landscape" since the election of US President Donald Trump have jumped to the top of the global elite’s list of concerns, the World Economic Forum (WEF) said ahead of its annual meeting in Davos, Switzerland. The growing cyber-dependency of governments and companies, and the associated risks of hacking by criminals or hostile states, has replaced social polarisation as a main threat to stability over the next decade, according to the WEF’s yearly assessment of global risks, published on Wednesday in London. The Davos forum starts on January 23 in the Swiss ski resort. While the economic outlook has improved, nine in 10 of those surveyed said they expected political or trade clashes between major powers to worsen. About 80% expected an increased chance of war. "Cybersecurity is the issue most on the minds of boards and executives, given the visibility of state-sponsored attacks in an environment of incr...
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