CYBER SECURITY
“ Global leaders must come together and adopt a coordinated multistakeholder approach to tackle unrelenting global challenges ”
SAADIA ZAHIDI MANAGING DIRECTOR , WORLD ECONOMIC FORUM
keys . The emergence of the metaverse could also expand the attack surface for malicious actors by creating more entry points for malware and data breaches . As the value of digital commerce in the metaverse grows in scope and scale , by some estimates projected to be over US $ 800 billion by 2024 , these types of attacks will grow in frequency and aggression . The myriad forms of digital property such as NFT art collections and digital real estate could further entice criminal activity .
Cyberesilience solutions The report said that companies must act ahead of new regulatory shafts , as the political undercurrents / geopolitical tensions between various countries might impact cross-border data flows . For governments attempting to prevent cybersecurity failures , patchwork enforcement mechanisms across jurisdictions continue to hamper efforts to control cybercrime , the report found . Geopolitical rifts hinder potential cross-border collaboration , with some governments unwilling or unable to regulate cyber intrusions that originate inside and impact outside their borders . Unsurprisingly , given the geopolitical tensions around digital sovereignty , according to the survey respondents , “ cross-border cyberattacks and
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