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2026-09-15T08:46:52.336Z

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Council of Ministers discusses cybersecurity rise

Council of Ministers discusses cybersecurity rise

The World Economic Forum report emphasized that cybersecurity has become a strategic and economic priority, rather than just a technical issue, due to the increasing and more sophisticated cyber threats associated with expanding digital systems and the use of artificial intelligence. The report revealed that cyber-attacks cause significant financial losses, with estimated costs reaching approximately £1.9 billion in 2025, affecting economic stability and the competitiveness of organizations, especially small and medium-sized enterprises. It called for enhanced measurement of cyber risks and a shift from a compliance-based approach to a measurable cyber resilience concept that focuses on protecting vital assets and responding effectively to attacks. The report also highlighted that the growing complexity of digital supply chains and the transition of risks into systemic threats require international cooperation and proactive initiatives to prevent attacks, especially as emerging technologies like artificial intelligence and quantum computing become more prevalent, posing new challenges and necessitating proactive strategies, according to the report.

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