Partnering for Cyber Resilience (PCR)
Introduction
The ability to provide a trusted environment for individuals and business to interact online is a critical enabler for innovation and growth. Digital transformation makes the protection and resilience of our shared digital environment a critical enabler for the economic growth of companies and countries.
In recognition of this, and in response to the growing threats and risks in a digitally interconnected world, over 70 companies and government bodies across 15 sectors and 25 countries have joined forces to create the Partnering for Cyber Resilience initiative. Together, the leaders of these organizations have signed a set of Principles which demonstrate their commitment to taking an integrated, strategic approach to technology risks and opportunities, and to play their role in providing a resilient digital environment for all.
This initiative is at the forefront of the conversation around resilience to cyber risks – from being a narrow technical specialization to being a topic of core strategic concern for CEOs and government leaders worldwide. Cyber resilience is no longer an afterthought and a cost. It is an essential component of any business or national strategy that seeks to be successful and sustainable.
Find out more about Partnering for Cyber Resilience by downloading the latest newsletter.
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How to Join the Partnering for Cyber Resilience Initiative
All organizations are welcome to join the initiative regardless of their affiliation with the World Economic Forum.
- Download and read the Partnering for Cyber Resilience Principles and Guidelines document
- Sign the Commitment to Cyber Resilience included in the document and send it to cyberresilience@weforum.org
Building Cyber Resilience
These insights were written by Paul Sagan, Executive Vice-Chairman, Akamai Technologies, USA. SynopsisThere may be an active arms race with the bad guys, but the consensus of the panel in this session, Partnering for Cyber Resilience, is that the good guys are at least battling to a draw most of the time, but only so far. Now that cyber security has become a mainstream topic, the challenge isn’t to convince stakeholders they need to be concerned and to take more precautions. The conversation is at a new level. The dialogue calls for greater transparency by businesses that have ...
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February 9, 2013
The move to an intelligence-driven security model
Albert Einstein defined insanity as doing the same thing over and over again and expecting different results. Reflect on that for a moment.For the past 10 years, the Internet has become a ubiquitous form of communication. Growth of digital content and use of mobile devices have soared, organizations have opened their infrastructures to enhance productivity and, for our reflection on Einstein’s quote, as nation states, criminals and hacktivists have taken obscene advantage of all of us. Meanwhile, IT organizations have continued to construct security infrastructures around a disintegrating...
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December 14, 2012
What if there was a large-scale Internet failure?
Mustaque Ahamad, Computing Professor at the Georgia Institute of Technology, says that the IT industry puts functionality above security at its peril. The interview is part of the Risk Response Network’s “What if?” series.Why is this on your radar at the moment? What keeps me awake at night is the fact that we don’t have a good understanding of the risks we face, now that more and more people and things are connected to the Internet. Cyber attacks have become very easy to mount, but they are still hard to defend against.How would the situation unfold? We could see something like a...
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October 16, 2012
Creating a Resilient Cyber Economy
Cyber warfare is real: Either by hacktivists or nation-states; it’s hard to be prepared. Business needs to better evaluate the risk of all of your data being erased or exposed. Understand the consequences to either of these things happening.Personal Data has value: Systems will be created to help people capitalize on the value of their data and be compensated. Compensation comes in many forms, but as we better understand the value of personal data, systems will come along to capitalize on them in a way that isn’t subversive or necessarily nefarious.Openness is the key to progress: Regulation...
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September 13, 2012
What if a hacker caused a large-scale Internet outage?
Rod Beckstrom on what would happen if the internet “went dark” – and how to avoid it. The interview is part of the Risk Response Network’s “What if?” series.What is your main field of expertise and current research? I’m President and CEO of ICANN, Internet Corporation for Assigned Names and Numbers. My areas of expertise are the Internet, cybersecurity and organizational leadership.Given your research, what would you say is the most under-appreciated risk? One under-appreciated risk is the threat to the security of the Internet itself. The Internet system was designed to be open and...
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June 12, 2012
What if the Internet collapsed?
Rob Wainwright, the Director of Europol, on how the infrastructure underpinning the World Wide Web is vulnerable to attack.What is your main area of expertise and interest? My field of expertise is combating serious international crime and terrorism, including cyber crime.What would you say is the greatest or the most under-estimated risk in your field? I would say the instability and vulnerability of the Internet’s infrastructure. We are living in an increasingly hyperconnected world, which was one of the big themes of Davos 2012. We now have 5 billion devices, from computers to cars to...
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May 31, 2012
Risk and Responsibility in a Hyperconnected World: Pathways to Global Cyber Resilience
Risk and Responsibility in a Hyperconnected World – Pathways to Global Cyber Resilience examines some of the key threats posed by hyperconnectivity and what should be done about them. Produced in collaboration with Deloitte, the report provides a multistakeholder perspective on ways to deal with increasing cyber attacks and to improve corporate governance.Aimed at executives, non-specialists and experienced practitioners alike, the report discusses key aspects of cyber resilience such as information sharing, trust and the economics of cyber security. It offers a number of recommendations for...
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May 29, 2012
What if there was a global cyber pandemic?
Robert Madelin on how a cyber attack could threaten the fabric of modern society. The interview is part of the Risk Response Network’s “What if?” series.Given your research, what would you say is the most under-appreciated risk? In terms of under-appreciated risks, I would say that thanks to SARS and bird flu, public health risks are better appreciated now. But then if I come from that world to the information society, as I did about two years ago, I would say the risk is the lack of any sense of awareness of cybersecurity of similar proportions.A key under-appreciated risk is...
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May 18, 2012
Rethinking Personal Data: Strengthening Trust
Rethinking Personal Data: Strengthening Trust examines how the appropriate use of personal data can create enormous value for governments, organizations and individuals. Produced in collaboration with The Boston Consulting Group, the report provides a multistakeholder perspective on how the potential value of personal data can be unlocked.The report aims to foster dialogue around some of the key questions that need to be resolved to ensure long-term and sustainable value creation. Who owns personal data? How can privacy be protected? What is the role of context in setting permissions? How can...
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May 14, 2012
Global Risks 2012 - Seventh Edition
Economic imbalances and social inequality risk reversing the gains of globalization, warns the World Economic Forum in its report Global Risks 2012. These are the findings of a survey of 469 experts and industry leaders, indicating a shift of concern from environmental risks to socioeconomic risks compared to a year ago. Respondents worry that further economic shocks and social upheaval could roll back the progress globalization has brought, and feel that the world’s institutions are ill-equipped to cope with today’s interconnected, rapidly evolving risks. The findings of the survey fed into...
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January 10, 2012
Rethinking Personal Data
Report: Unlocking the Value of Personal Data: From Collection to Usage, February 2013Unlocking the Value of Personal Data: From Collection to Usage, prepared in collaboration with the Boston Consulting Group, examines the need for new approaches in the policies which enable the managing of personal data in ways that are flexible, adaptive and contextually driven. The report highlights outcomes from a nine month, multistakeholder, global dialogue on how the principles for using personal data may need to be refreshed to ensure they protect the rights of individuals, unlock socio-economic value...
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February 15, 2011
Global Risks
In an interdependent, fast-moving world, organizations are increasingly confronted by risks that are complex in nature and global in consequence. Such risks can be difficult to anticipate and respond to, even for the most seasoned business leaders.The World Economic Forum’s Risk Response Network provides leaders from the private and public sectors with an independent platform to map, monitor and mitigate global risks.Its annual Global Risks Report analyses the perceived impact and likelihood of 50 prevalent global risks over a ten year time horizon. The 50 global risks are divided into five...
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November 2, 2010
Partnering Against Corruption Initiative
Join the leading global business voice on anti-corruption Anti-corruption - a strategic imperative for every CEOPACI - the leading global business voice on anti-corruptionPACI – bringing together cross-industry communitiesThe PACI Board, 2013PACI sectors and industriesPACI is active around the worldPACI is making a tangible impact in the fight against corruptionMore about PACIAnti-corruption - a strategic imperative for every CEOCorruption is identified as the top impediment to conducting business in 22 out of 144 economies, as measured in the World Economic Forum's Global...
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October 26, 2010
Global Information Technology
The Global Information Technology Report 2013, the 12th in the series, analyses the impact and influence of ICTs on economic growth and jobs in a hyperconnected world. Read the full news release for more information.At the core of the report, the Networked Readiness Index (NRI) measures the preparedness of an economy to use ICT to boost competitiveness and well-being. In this edition, Finland (1st), Singapore (2nd) and Sweden (3rd) continue to lead the NRI, with the Netherlands (4th), Norway (5th), Switzerland (6th), the United Kingdom (7th), Denmark (8th), the United States (...
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October 21, 2010
