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International Business Times
International Business Times
World
Adam Bent

The Silent Cyber Crisis Alarming Global Economies and Why It's Time for Collective Action

The world has found itself dependent on the Internet, which powers everything, from emergency rooms and election systems to global supply chains and banking infrastructure. Cybersecurity is no longer just a technical concern. It's a matter of national resilience and global economic stability.

Yet, despite daily headlines about ransomware attacks, phishing campaigns, and infrastructure outages, the world remains dangerously complacent. Individuals, businesses, and governing entities alike often operate under the illusion that the internet 'just works' until it doesn't.

When disruptions occur, they aren't just inconvenient. They're deeply consequential. The cyberattacks of 2024 show exactly that. The UnitedHealth's Change Healthcare division cyberattack led to widespread medical delays and a ripple effect on the stock market. A software issue involving CrowdStrike grounded flights and stalled operations across multiple industries.

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