🤖 🚕 Robotaxi passenger trips annualized at a rate of about 2 million late last year. Robotaxis are operating in about 20 cities globally, with fully driverless commercial options in at least 7 cities. In 2023, Baidu was operating at a run rate of 1.6 million autonomous trips,

🥊 👊 Two-thirds (66%) believe that they will face a multipolar or fragmented order, in which middle and great powers contest, set and enforce regional rules and norms. Cooperation on urgent global issues, from an interrelated environmental crisis to high-speed technological

⚖️ 📜 Respondents feel that national and local regulations have the most potential for driving action on risk reduction and preparedness with respect to Illicit economic activity. With constraints to international cooperation, there may be a shift towards unilateral, bilateral

🦹‍♂️ Organized crime may continue to globalize in terms of both targets and operations, and in doing so, could become a powerful and destabilizing presence in a wider set of countries. The latest data suggests that activity has already started to rise across all criminal markets

Biz's can also contribute to shoring up the labour market, both locally & globally, by addressing labour shortages & unemployment risks thru investing in skills dev. (e.g. cybersecurity), upholding workers’ rights & granting contract security. @wef The Global Risks Report 2024

If companies adopt responsible business practices & investment decisions (such as cybersecurity & resilience), they will reap reputational and performance benefits while making the wider economic & financial system more resilient & prepared to face the risk of economic downturn.

🗺️ 🎯 Corporate strategies have the most potential to reduce economic risks relating to financial and labour markets. #cyberrisk #cybersecurity #canadiancybersecurity @cdncybersec 🧵

🦹‍♂️ 🤖 Organized crime groups will also increasingly utilize technologies to enable geographic expansion of their networks to strengthen strategic footholds of economic and political activity. Enabled by technology, crime networks can spread to exploit heightened demand,

As a result, consumers might devote more time to online entertainment, potentially increasing the share of total waking hours spent online from 40% in 2023 to 49% in 2030. @ARKInvest Big Ideas 2024

During the 80 years between the Second Industrial Revolution through the end of World War II, labor hours per worker decreased 0.5% at an annual rate globally. Generative AI could lower labor hours per worker by 1.3% on average, from 5.0 hours per day in 2022 to 4.5 hours in 2030

🤖 ⏲️ Artificial intelligence could lower the average workweek and stimulate digital consumption. #AI #cybersecurity #canadiancybersecurity @cdncybersec 🧵

More rapid adoption of AI-enabled hardware could accelerate the consolidation of software providers. @ARKInvest Big Ideas 2024

As computing transitioned, hardware cycles compressed from 35 years for the personal computer to 20 years for the smartphone, causing the consolidation of software players.

🤖 💻 AI could redefine personal computing. #AI #cybersecurity #canadiancybersecurity @cdncybersec 🧵

🦹‍♂️ 💰 Ransoms continue to be off the charts, with initial demands as high as US$80M and ransoms paid as high as US$50M. There were 15 ransoms paid ≥ US$10M. #cyberinsurance #cyberincident #databreach #ransomware #canadiancybersecurity @cdncybersec @NetDiligence Cyber Claims

🚨 💲 For all organizations, crisis services costs ranged from less than US$100 to almost US$26M. Not every claim involves a crisis services element. For SMEs, the average crisis services costs ranged from US$69K in 2019 to US$146K in 2023. #cyberinsurance #cyberincident

🏠 📝 💸 For SMEs, the five-year cyber insurance claim payout was 81% of the total incident cost. The average payment was US$122K versus the average incident cost of US$169K in 2023, whereas the average five-year average payout was US$167K and the average five-year incident cost

🤏 #️⃣ 💲 ❗ Though the number of claims at large companies is small - there is much variability, the numbers are substantial, especially in 2022. #cyberinsurance #cyberincident #databreach #ransomware #canadiancybersecurity @cdncybersec @NetDiligence Cyber Claims Study 2024

🕵️‍♀️ 🤷 ❓ When looking at the five-year window, the number of claims exposed and the overall number of records are going down for large companies. Potential speculation is the large proportion of ransomware and BEC claims since 2020 do not involve exposed records. Perhaps the

🕵️ ⚖️ 🚨 During the five-year period of 2019-2023, forensics accounted for 22% of the total, and legal guidance accounted for another 10% of the total. “Other” crisis services include the costs of PR, data restoration, and sometimes the cost of ransom. Crisis Services Costs

🚨 💲 📊 Crisis services costs broken down by a variety of service components of a the five-year period of 2019-2023. Crisis Services Costs Costs associated with responding to the breach event. These costs include, but are not limited to, Breach Coach counsel, forensics,