Kim S. Nash, the Deputy Bureau Chief at the Wall Street Journal who owns the cybersecurity beat wrote in her newsletter today: "Forget trade wars and turnovers in national leadership. Cybersecurity is the business risk to rule them all.
Cybersecurity ranks first among geopolitical risks, said 60% of 517 risk decision makers in a Harris Poll commissioned by insurer Chubb. We all know how serious cyber threats are. But I was surprised by how much the worry outranked all other geopolitical concerns." Take a look:
- Escalating tensions between major powers—42%
- Resource scarcity and climate change—39%
- Trade wars and protectionism—38%
- Political instability—32%
- Red Sea shipping problems—27%
- War in Ukraine—20%
- Israeli-Palestinian conflict—16%
Wow. Who would ever have thought we would read that in the WSJ...