Chapter 2. Findings: Understanding Cyber Risks and Response Readiness:
2. Executives believe they are losing ground to attackers
FIGURE 4: MAJORITY OF EXECUTIVES BELIEVE ATTACKERS WILL INCREASE LEAD OVER DEFENDERS.
Thinking about Risks
On June 11-12, 2013, over 100 participants gathered at the World Economic Forum’s headquarters in Geneva to discuss strategic risks.
As part of the programme, the Partnership for Cyber Resilience hosted two breakout sessions on:
- Macroeconomic trends in the cyber ecosystem
- Potential solution sets for individual institutions and systemically
As sample set of macroeconomic drivers and trends were established as part of the scenario develop process and included:
- Motivations, such as level of distrust, interstate tensions, corporate IP theft and deterrents to cyber crime
- Mechanisms, including the democratization of technology and the balance between offensive and defensive technology
- Mitigations, such as the sophistications of institutions, interstate cooperation and sophistication of users
The group also began to explore potential solution sets aligned against the three priority areas that were recommended during the previous year:
- Information sharing
- Critical infrastructure
- Policy development
The community used this opportunity to begin to consider components of a potential next generation cyber operating model.