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Risk and Responsibility in a Hyperconnected World

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Citation Edit

World Economic Forum & McKinsey & Company, Risk and Responsibility in a Hyperconnected World (Jan. 2014) (full-text).

Overview Edit

For the world's economy to get full value from technological innovation, it must have a robust, coordinated approach to cybersecurity. This report looks at how that could happen.

This report assesses the necessary action areas, and examines the impact of cyberattacks and response readiness. The report sets these against three alternative scenarios in which economic value from technological innovations is realized or lost depending on models of cyber resilience. It examines the value that could be put at risk if the adoption of such innovations is delayed because more frequent, intense cyberattacks are not met with more robust cyber resilience. Finally, the report draws conclusions from the analysis and research, and offers a 14-point roadmap for collaboration.

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