{"id":30110,"date":"2018-01-24T12:23:07","date_gmt":"2018-01-24T17:23:07","guid":{"rendered":"http:\/\/olduvai.ca\/?p=30110"},"modified":"2018-01-24T12:23:07","modified_gmt":"2018-01-24T17:23:07","slug":"cyber-war-coming-in-2018","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=30110","title":{"rendered":"Cyber War Coming In 2018?"},"content":{"rendered":"<header>\n<h3 class=\"gc-News-article-title\"><a href=\"https:\/\/news.goldcore.com\/us\/gold-blog\/cyber-war-coming-2018\/\">Cyber War Coming In 2018?<\/a><\/h3>\n<\/header>\n<div class=\"gc-News-article-text gc-ArticleContent\">\n<p><strong>\u2013 Cyber war is\u00a0increasing threat \u2013 Investors are not prepared for<br \/>\n<\/strong><strong>\u2013 Third most likely global risk in 2018 is cyber war say WEF<br \/>\n\u2013 \u201cScale and sophistication of attacks is going to grow\u201d<\/strong><br \/>\n<strong>\u2013 EU, US, NATO lay down ground rules for offensive cyber war<\/strong><br \/>\n<strong>\u2013 Ireland is viable target for attackers but is \u2018grossly unprepared for cyber war\u2019<\/strong><br \/>\n<strong>\u2013 UK should expect attack that cripples infrastructure within 2 years<br \/>\n\u2013 Trump administration may use nuclear weapons in response to cyber attacks<\/strong><br \/>\n<strong>\u2013 Cyber\u00a0war designed to have a economic impact on countries<\/strong><br \/>\n<strong>\u2013 Invest in physical assets as well as digital assets &amp; currencies<br \/>\n\u2013 Avoid ETF and digital gold\u00a0and own physical gold that is allocated and segregated<\/strong><\/p>\n<p><img decoding=\"async\" class=\"i-amphtml-fill-content i-amphtml-replaced-content\" src=\"https:\/\/freightweek.org\/images\/WEF_Global_Risks.jpg\" \/><\/p>\n<p>Cyber-attacks are the third most likely global risk for 2018, behind extreme weather conditions and natural disasters, according to a new report by the\u00a0<a href=\"https:\/\/www.weforum.org\/agenda\/2018\/01\/our-exposure-to-cyberattacks-is-growing-we-need-to-become-cyber-risk-ready\/\" target=\"_blank\" rel=\"noopener\">World Economic Forum<\/a>.<\/p>\n<p>Estimated to cost over $1 trillion per year, cyber-attacks are now more expensive than natural disasters which in 2017 brought in a bill of $300 billion.<\/p>\n<p><em>\u201cWe are still under resourced in the amount of effort put into trying to mitigate this risk\u2026Cyber is at or above the scale of natural catastrophes [in terms of financial damage caused] and yet the comparative infrastructure is much smaller in scale,\u201d<\/em>\u00a0according to John Drzik of WEF report partner Marsh.<\/p>\n<p>The World Economic Forum\u2019s Margareta Drzeniek-Hanouz, head of economic progress, told a press conference that cyber-risks are affecting society and the economy in \u201cnew, broader ways.\u201d<\/p>\n<p>They now impact not just the corporate sector as we usually assume but also government infrastructures and the geopolitical sphere. Arguably we are also seeing them shape societies.<\/p>\n<p>The report\u2019s launch comes at a time when cyber-attack warnings are coming in thick and fast. Governments have been warned this week that they are grossly underprepared for an attack which could see politics taken out of the electorate\u2019s hands, billions wiped from financial markets and chaos generally created between otherwise peaceful nations.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cyber War Coming In 2018? \u2013 Cyber war is\u00a0increasing threat \u2013 Investors are not prepared for \u2013 Third most likely global risk in 2018 is cyber war say WEF \u2013 \u201cScale and sophistication of attacks is going to grow\u201d \u2013 EU, US, NATO lay down ground rules for offensive cyber war \u2013 Ireland is viable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[5029,6325,8689,690],"class_list":["post-30110","post","type-post","status-publish","format-standard","hentry","category-geopolitics","tag-cyberwar","tag-global-risks","tag-goldcore-com","tag-risk"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30110"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30110\/revisions"}],"predecessor-version":[{"id":30111,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30110\/revisions\/30111"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}