World Economic Forum news stories

With the approaching Davos World Economic Forum upon us, it is even more imperative to discuss the impact of cybersecurity on business operations leading into the future.

In December 2015, an unprecedented cyber-attack against a power grid left nearly a quarter of a million people without electricity for hours in Ukraine. And though this incident occurred overseas, Australia is not immune to threats against critical infrastructure.

The recent World Economic Forum Global Risks Report 2022, which was published this week, contained several warnings about the state of data usage and prioritisation on cyber security.

"This Charter is a great example of how we can come together to address key issues that directly impact on-demand workers, and shape the future of work.”

"We all stand on the threshold of a new era of cybercrime," saysBI ZONE.

AI is rapidly changing the way financial services institutions attract and retain their customers.

The Initiative has the goal of sorting the global skills gap and addressing job displacement arising from automation - with a number of big partners.

Australian businesses are spending big on AI technology, investing on average $6 million a year - a huge sum that is second only to the US.

New Zealand's ICT sector is strong, ranking 17th out of 139 countries, according to the World Economic Forum's Global Information Technology report.

The World Economic Forum's Global Information Technology Report paints a rosy picture of Australia's ICT sector, placing it 18th out of 139 countries.