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WEF — Increased Cyber Security Can Save Global Economy Trillions

Increased Cyber Security Can Save Global Economy Trillions
Source: World Economic Forum

Failing to improve cyber security could cost the world economy and lead to more frequent cyberattacks, according to a new report released today by the World Economic Forum in collaboration with McKinsey & Company.

The Risk and Responsibility in a Hyperconnected World report addresses options that institutions can take to improve cyber resilience and mitigate the economic and strategic impact of such attacks. With the recent proliferation of cyberattacks, corporate executives need to devote increasing attention to protecting information assets and on-line operations.

The report notes that major technology trends, including massive analytics, cloud computing and big data, could create between US$ 9.6 trillion and $US 21.6 trillion in value for the global economy. However, if attacker sophistication outpaces defender capabilities – resulting in more destructive attacks – a wave of new regulations and corporate policies could slow innovation, with an aggregate impact of approximately US$ 3 trillion by 2020.

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"Ike and Dutch: Mentor, Protégé, and Common Sense by Dr. Gene Kopelson" presentation at the U.S. Army Heritage and Education Center

https://youtu.be/9jZSI6bF7d0

Published on Feb 24, 2017

As Ronald Reagan traveled across the United States campaigning for the highest office in the land, the Governor of California possessed an ace in his hand unmatched by his opponents: the ear and advice of former president Dwight D. Eisenhower. Reagan was in constant contact with Ike, following his advice at every turn and going so far as to base his entire 1966 campaign on his mentor’s own successful run years before. Eisenhower’s astute view of internal Washington politics, foreign affairs, military matters, and the swirling pool of primary rivals, provided his protégé the fuel he needed to learn, and eventually win, the war of words. In his latest book, Reagan’s 1968 Dress Rehearsal: Ike, RFK, and Reagan’s Emergence as a World Statesman, Dr. Gene Kopelson outlines the story of Reagan’s first presidential bid with an in-depth look behind the scenes. On Wednesday, February 15, 2017 at the U.S. Army Heritage and Education Center in Carlisle, Pennsylvania, Dr. Kopelson gave a lecture titled, “Ike and Dutch: Mentor, Protégé, and Common Sense,” to delve deeper into the relationship between Reagan and his mentor and how it not only shaped Reagan’s future campaigns, but his presidency, as well.

In his lecture at the USAHEC, Dr. Kopelson uses never-before-tapped audio clips, interviews with the original 1968 campaign staff, Eisenhower’s personal diary, and material straight from personal correspondence to show how Eisenhower influenced Reagan’s politics and eventually, his far-reaching presidential policies. From Reagan’s hawkish views on Vietnam to his perspective on the Arab-Israeli situation, his groundbreaking steps with Gorbachev and the Soviets to nuclear defense, Eisenhower and Reagan had a close and personal relationship which changed America’s future.

Lecture Date: February 15, 2017

Length: 52 Minutes
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