Global

Risk, cyber security and sustainable growth 

Reports launched by the World Economic Forum gained significant interest from WEF participants on Twitter as public discussions surrounding WEF increase.


Risk and cyber resilience

Risk and Responsibility in a Hyperconnected World: Pathways to Global Cyber Resilience, had many WEF participants warning of the risks (#risk) of cyber crime (#cyber). Awareness of and preparedness for this treat were the two primary discussion points.


"Some have predicted that a failure to boost cyber security could cost the world economy a staggering $3 trillion [USD]. The seemingly daily bad news on the increased frequency and sophistication of villains, be they criminal or state-sponsored, has made this seemingly implausible prediction seem almost conservative. Data is indeed power, but the world of business must be aware of the nightmarish circumstances that lie before us if it is not gathered ethically, managed properly and protected."


Mark A. Goodburn, Global Head of Advisory


"As the world continues to face new and diverse cyber security threats, the concern focuses more directly on components of critical infrastructure, valuable information assets, and even competitive advantage. Global companies, organizations and governments should work closely together, in an open and transparent manner, to more effectively and efficiently identify these threats, react to their presence, and respond accordingly. With the greater connectivity of business, personal, medical, and all manners of electronically connected devices, threats to the "Internet of Things" have evolved from just a consideration of a financial and regulatory matters, to one of health and safety."


Greg Bell, Principal and Services Leader, Information Protection, KPMG in the US


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New growth models

New Growth Models: Challenges and steps to achieving patterns of more equitable, inclusive and sustainable growth, had many WEF participants reflecting on growth (#growth) that is inclusive and sustainable.


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To view the conversations from WEF participants, and the world, on Twitter, visit WEFLIVE.com.

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WEFLIVE 2014

To view the conversations from WEF participants, and the world, on Twitter, visit WEFLIVE.com.

KPMG's Global Cyber Security practice

KPMG's Global Cyber Security practice
The financial and reputational costs of cyber attack are significant. KPMG firms have the deep expertise and global reach to assist organizations with their cyber security challenges.