WEF Global Risks Report 2023: Pakistan Needs to Improve the Cybersecurity Measures and Digital Inequality

These threats are The report highlights that the biggest risk that the country is facing is digital power concentration and monopolies. Moreover, the country also failed to complement the cybersecurity measures. The report further revealed that the people in the country faced a lack of privacy and digital fraud. Additionally, there is a lack of widespread of digital services and digital inequality in Pakistan. The Report identifies that the cost-of-living crisis is the biggest short-term risk while the failure of climate mitigation and climate adaptation is the largest long-term concern. The report further revealed that over 800,000 hectares of farmland have been wiped out by 2022 floods in Pakistan. This has resulted in increasing commodity prices significantly in a country that is already grappling with record 27% inflation. Water stress is also widespread in Pakistan that particularly impacts women and girls responsible for water collection, with knock-on impacts on health and education outcomes.

See Also: Pakistan’s Telecom Sector earns Rs 694 bn Revenues in FY22

In the face of spreading humanitarian crises and state instability, water infrastructure could continue to be used both as a weapon and target, mirroring past water conflicts and terrorism in India, Pakistan, and Afghanistan. The report also examined how present and future risks can interact with each other to form a “polycrisis” – a cluster of related global risks with compounding impacts and unpredictable consequences. The report explored “Resource Rivalry”, a potential cluster of interrelated environmental, geopolitical and socioeconomic risks relating to the supply of and demand for natural resources, including food, water, and energy.


title: “Wef Global Risks Report 2023 Pakistan Needs To Improve The Cybersecurity Measures And Digital Inequality” ShowToc: true date: “2022-12-27” author: “Ingrid Wilson”

WEF Global Risks Report 2023: Pakistan Needs to Improve the Cybersecurity Measures and Digital Inequality

These threats are The report highlights that the biggest risk that the country is facing is digital power concentration and monopolies. Moreover, the country also failed to complement the cybersecurity measures. The report further revealed that the people in the country faced a lack of privacy and digital fraud. Additionally, there is a lack of widespread of digital services and digital inequality in Pakistan. The Report identifies that the cost-of-living crisis is the biggest short-term risk while the failure of climate mitigation and climate adaptation is the largest long-term concern. The report further revealed that over 800,000 hectares of farmland have been wiped out by 2022 floods in Pakistan. This has resulted in increasing commodity prices significantly in a country that is already grappling with record 27% inflation. Water stress is also widespread in Pakistan that particularly impacts women and girls responsible for water collection, with knock-on impacts on health and education outcomes.

See Also: Pakistan’s Telecom Sector earns Rs 694 bn Revenues in FY22

In the face of spreading humanitarian crises and state instability, water infrastructure could continue to be used both as a weapon and target, mirroring past water conflicts and terrorism in India, Pakistan, and Afghanistan. The report also examined how present and future risks can interact with each other to form a “polycrisis” – a cluster of related global risks with compounding impacts and unpredictable consequences. The report explored “Resource Rivalry”, a potential cluster of interrelated environmental, geopolitical and socioeconomic risks relating to the supply of and demand for natural resources, including food, water, and energy.