In our increasingly interconnected world, where digital technologies are rapidly transforming multiple aspects of daily life, the critical role of cybersecurity cannot be overstated, especially in developing nations. As these countries strive to harness the power of modern technology to drive economic growth, enhance public services, and elevate living standards, they concurrently face heightened risks associated with cyber threats. The increasing exposure of developing countries to cyber incidents is often compounded by various factors, including scarce resources, inadequate infrastructure, political unrest, inefficiencies in cybersecurity and technology markets, shortages of skilled cybersecurity professionals, legislative voids, and rapid rates of digital adoption.
"Cybersecurity Economics for Emerging Markets" is a pioneering research work that delves into the drivers and profound consequences of cyber incidents worldwide. From economic setbacks that can destabilize entire economies to interruptions of vital services and impediments to social and economic development, the impacts of cyber incidents are far-reaching.
At this online seminar, Estefania Vergara Cobos, Economist in the Office of the Chief Economist for Infrastructure, World Bank, presented the main findings of the report.
Speaker:
Estefania Vergara Cobos
Economist, Office of the Chief Economist for Infrastructure, World Bank
Preentation Material:
Cybersecurity Economics for Emerging Markets （PDF)
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