How organizations can navigate geopolitical and cyber risks in an interconnected world
Globalization and hyperconnectivity has made the world more interconnected and interdependent than ever before.
The consistent supply and cost of resources such as energy, food, minerals, and raw materials isn’t solely dependent on logistics anymore, but also on behaviors, relationships and ideologies of individual nations and the synergies that lie in-between.
With that said, the convergence of politics, technology and international relations brings about a slew of cyber risks and uncertainties that have serious implications for organizations.Let’s briefly explore the major ones:
- Increased cross-border trade puts organizations into the cross hairs.
With rising international trade, organizations are becoming far more valuable targets for cyber criminals. Data breaches are becoming even more costly and difficult to repair. The rapid development of new technology also poses new challenges. Organizations are unable to catch up with advances in security controls and traditional monitoring tools fail to detect more sophisticated flavors of malware. In a future where improved global trade possibilities allow the largest companies to grow far quicker than others, those organizations will become huge targets…
