Cyber Risks in Geopolitics
Communications and Technology
Without a doubt, the internet and digital communications have revolutionized the way we interact with the world. In many ways, this has been a boon that allows many people to live fuller lives. At the same time, however, it has also created new opportunities for criminals and other malicious entities to exploit.
One of the most significant geopolitical risks associated with the digital age is cybercrime. This is a type of crime that involves using computers and other digital technologies to commit crimes like fraud, identity theft, and espionage. Critical infrastructure with strong digital-tech components, like electrical grids or pipeline pumping stations, are also high-value targets. Cybercrime is a growing problem for businesses and individuals alike. According to the FBI, cybercrime costs the US economy in the realm of billions of US dollars each year. And it’s not just big businesses that are at risk—small businesses and even individuals can be victimized by cybercriminals.
Fortunately, there are steps businesses can take to protect themselves from cybercrime. One of the most important is to have a strong security system in place. This includes using firewalls, anti-virus software, and other security measures. Businesses should also make sure their employees are aware of the dangers of cybercrime and how to protect themselves.
Another way businesses and individuals can protect themselves is to stay up-to-date on geopolitical developments surrounding cybercrime activity. This includes keeping abreast of news about cyberattacks, geopolitical risks, and other threats. By knowing what’s happening in the world, businesses can be better prepared to defend themselves against attacks.
