World Economic Forum launches global resilience initiative to cyber risks

The World Economic Forum January 27, 2012 launched a new initiative to improve global resilience to major cyberrisks. The initiative is called the “Partnering for Cyber Resilience”.

The Davos-based Forum says the initiative, developed through multi-stakeholder dialogue across the globe, with Deloitte LLP acting as project advisers, is a set of shared principles, signed and endorsed by chief executives of companies who recognize the interdependence of all organizations in combating cyberrisks and their role in contributing to a safer digital environment.

The initiative aims to provide a common framework for leaders to align individual actions for collective good.

According to the WEF, organizations have already begun to sign up to the Commitment to Cyber Resilience.

By Ekow Quandzie