Why 2020 is a turning point for cybersecurity

In 2020, the drive of the Fourth Industrial Revolution towards ubiquitous connectivity and digitalization will continue. But as new connections and technologies support socio-economic progress, cyberattacks and risks to and stemming from these innovations will increase in frequency and impact.

New technologies and new users will reshape cyber-risks in 2020. The emergence of 5G networks in 2020 will result in substantially broader access for both devices and people. Greater and more convenient broadband at higher speeds will encourage the development and deployment of everything from connected devices and ubiquitous computing to virtual and augmented reality and artificial intelligence.

In a hyperconnected world, however, no company can succeed alone and business leaders will need to find the right allies and partners in the private and public sectors to defend innovation and progress.

This year is likely to present a turning point, where new technologies scale and come online, exacerbating cyber-risk and affecting every business, government and individual. With these many evolving challenges, 2020 represents an opportunity for all public and private stakeholders to adopt better strategies and effectively collaborate at a global level through resources like the World Economic Forum’s Platform for Shaping the Future of Cybersecurity and Digital Trust to build a more secure, more resilient and more trusted digital world.

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