Global Cybersecurity Outlook 2022

  • IASbaba
  • January 19, 2022
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Global Cybersecurity Outlook 2022

Part of: Prelims and GS-III -Cybersecurity 

Context: The World Economic Forum’s ‘Global Cybersecurity Outlook 2022’ was released during its online Davos Agenda summit.

Key takeaways from the report

  • The accelerating pace of digitalisation, fuelled by the COVID-19 pandemic, has led to a record-breaking year for cybercrime with ransomware attacks rising 151% in 2021, and an average of 270 cyberattacks per organisation being faced.
  • Each successful cyber breach cost a company $3.6 million (almost Rs. 27 crore) last year.
  • The global digital economy had surged during COVID-19 pandemic, but cybercrime also increased.

News Source: TH

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