Klaus Schwab, the founder of the World Economic Forum (WEF), warns the world of an inevitable Covid-like and global cyber pandemic that will spread faster than a biological virus but will have an equally large or greater impact on the global community. WEF suggests that the coronavirus crisis has given world leaders important insights.

WEF published this warning on its website as early as June 1, 2020, in the article: ”What the Covid-19 pandemic teaches us about cybersecurity – and how to prepare for the inevitable global cyberattack”.

WEF notes that when Covid-19 was at its worst during the spring of 2020, more than two billion people were in some form of lockdown, and 91% of the world’s population lived in countries with border controls or travel restrictions due to the virus.

A global cyber pandemic faster than a biological virus

”We should prepare for a COVID-like global cyber pandemic that will spread faster and further than a biological virus, with an equal or greater economic impact.” – WEF

Klaus Schwab: Cyberattack Worse than COVID-19 Crisis - Power Grid Down, Banking Offline

The World Economic Forum fears that there is a high likelihood that an upcoming and inevitable global cyber pandemic will be worse, as we already know from history that cyberattacks can take down communication systems like the internet and the power distribution to entire cities, rural areas, government agencies, factories, logistics, and healthcare systems.

WEF states that the world is vulnerable to multiple simultaneous threats such as virus pandemics, cyberattacks, climate changes, and environmental hazards. We will soon and certainly be hit at a higher catastrophic level, is the message.

”And a cyber pandemic is probably as inevitable as a future disease pandemic. The time to start thinking about the response is – as always – yesterday.”



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