“… and as a result the economic and social implications will be even more significant.”
In November 2020, the World Economic Forum (WEF) and Carnegie Endowment for International Peace co-produced a report titled; International Strategy to Better Protect the Financial System Against Cyber Threat. The report warned that the global financial system was increasingly vulnerable to cyber attacks, and one is inevitable.
Advisors to the group that produced the report included representatives from the Federal Reserve, the Bank of England, the International Monetary Fund, Wall Street giants likes JP Morgan Chase and Silicon Valley behemoths like Amazon, the very groups that stand to gain the most from a clamp-down on privacy and freedom that will ensue after a comprehensive cyber attack; Big Finance, and Big Tech.
Interestingly, one of the founding partners is Accenture
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