WEF’s Klaus Schwab calls to ‘immunize the Internet’ against cyber attacks

VIDEOKINGS — World Economic Forum Founder Klaus Schwab opens Cyber Polygon 2021 with a warning: “A lack of cybersecurity has become a clear and immediate danger to our society worldwide.”

Giving the welcoming remarks at Cyber Polygon for the second year in a row, Schwab spoke at length about the World Economic Forum’s (WEF) desire to tackle cybersecurity by bringing together a closer merger of corporations, small businesses, and governments.

Last year, Schwab warned, “We all know, but still pay insufficient attention to, the frightening scenario of a comprehensive cyber attack, which would bring a complete halt to the power supply, transportation, hospital services, our society as a whole.”

This year, Schwab followed-up on his “frightening scenario” by highlighting the recent ransomware attacks that have struck critical infrastructures around the world in 2021.

“The implication is clear: a lack of cybersecurity has become a clear and immediate danger to our society worldwide,” Schwab said today.

“We have seen in the past few months, for example, ransomware attacks targeting hospitals, critical infrastructure, school systems, the power grid, and many other essential services.”

“Citizens are feeling the repercussions of cyberattacks directly. “Citizens are impacted by energy shortages, delayed medical treatment, and other effects this new breed of audacious cyberattacks causes”

“This is not a problem that is easily solved.”

“Ransomware attacks are complex, and criminal enterprises are increasing their scale and impact.

“This highlights the need for a structured multi-stakeholder, multi-lateral approach to secure our society against them,” he added.

“The implication is clear: a lack of cybersecurity has become a clear and immediate danger to our society worldwide” — Klaus Schwab, Cyber Polygon 2021

Watch on YouTube: WEF’s Klaus Schwab calls to ‘immunize the Internet’ against cyber attacks

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