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03 AUG 2026 MONDAY
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Why cyber resilience needs to be concrete, cooperative and collective in World Economy News 05/05/2026 Yesterday, some 5.5 billion people – nearly 70% of the world’s population – use the internet. And that use is vital to their lives, with health systems, financial markets, public services and even elections all relying on a complex web of digital infrastructure that now reaches into every corner of the Earth. This intense global interconnectedness clearly comes with great benefits, but it also brings great risks. A successful hack against a small Ukrainian software company might not sound like a big deal for the rest of us, but within a year of M.E.Doc’s servers being breached in 2017, the NotPetya incident had cost businesses around the world over $10 billion. The WannaCry attack hit the UK’s National Health Service first and hardest, but within days it had spread to over 150 countries. And when the ICRC was targeted in 2022, sensitive data related to more than half a million people worldwide was exposed. Though much of the damage is the result of a global cybercrime epidemic whose costs already rise into the trillions, the increasing frequency of state-linked cyber attacks on civilian and humanitarian infrastructure means that the picture is not so straightforward. On the contrary, today’s cyber domain is characterized by impacts cascading across networks, industries and borders, with an incredibly diverse range of actors affected and involved. The growing scale and the sophistication of these challenges mean that narrow, technical solutions to cybersecurity are no longer enough. The seriousness of these impacts and the need for a concerted, collective response is clear from the fact that the UN Security Council has, in recent years, repeatedly been briefed on cyber threats to international peace and security. Recognition of the gravity of the situation has also driven a conceptual shift towards the idea of cyber resilience over cybersecurity. The focus has today
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news Hellenic Shipping News ·2026-05-05

Why cyber resilience needs to be concrete, cooperative and collective

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