The threat of large-scale cyberattacks and a “deteriorating geopolitical landscape” since the election of U.S. President Donald Trump have jumped to the top of the global elite’s list of concerns, the World Economic Forum 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 polarization as a main threat to stability over the next decade, according to the WEF’s yearly assessment of global risks, published Wednesday at Bloomberg LP’s new European headquarters in London. The Davos forum starts Jan. 23 in the Swiss ski resort.
While the economic outlook has improved, nine in 10 of those surveyed said they expect political or trade clashes between major powers to worsen. Some 80 percent saw an increased chance of war.