Cybersecurity has long flown under the radar of the governments worldwide. Hackers are set to cost countries across the globe $6 trillion in the next two years, dwarfing the economic impact of natural disasters.
And it’s not just small-timers sitting in a basement asking your grandmother for bitcoin, either.
Independent and state-sponsored hackers alike are increasingly targeting major financial institutions, critical infrastructure and other points of support which make the world go round.
Financial firms are already on edge, suggesting that ‘cyber risk’ is the largest threat to the broader economy.
Source: Oil Price