The global economy is to shrink by 2.3% by 2024. However, in developing countries this is to be 5.5%. In rich countries, it will be 0.9%.
The online platforms have increased tremendously during the pandemic. The COVID has brought in major work shift. People are now attending classes online. This has increased the security risks.
The cyber threats are growing at humanely uncontrollable rates. The criminals are using tougher tactics and therefore, the cyber threats are becoming more aggressive day by day. Crypto-currencies are creating easy path of escape for the cyber criminals. Today 90% of the ransom ware attacks are paid in crypto-currencies.
In the past two years, during the pandemic, the world top 20% (the richest) has recovered their losses. On the other hand, the bottom 20% has lost 5% more.
Less than 16% of the people (participated in the survey) were optimistic about the economic outlook of the world.
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