Starting on November 13th and ending on the 15th, the WEF is hosting a forum on cybersecurity in Geneva, Switzerland. According to their website the meeting will cover the following:
Prevailing geopolitical uncertainty, a looming economic crisis and rapid advances in transformative technologies such as generative AI have had a significant impact on cybersecurity. This is evidenced in the World Economic Forum report, Global Cybersecurity Outlook 2023, where the vast majority of cyber and business leaders think it “moderately likely” or “very likely” that global geopolitical instability will lead to a far-reaching, catastrophic cyber event in the next two years.
To effectively prepare for and address cyber risks within the multiple transitions the world is going through, organizations need to develop strategies focused on systemic approaches to securing cyberspace. More than ever, sustained multistakeholder collaboration between organizations and society at large is needed to ensure our shared resilience. Cyber leaders and executives at the highest levels also need to co- develop strategic foresight to steer effective decision-making to stay ahead of cyber threats on the horizon.
Against this backdrop, the Annual Meeting on Cybersecurity 2023 will bring together over 150 of the world’s foremost cybersecurity leaders from business, government, international organizations, civil society and academia to foster collaboration on making cyberspace safer and more resilient.
The WEF’s founder Klaus Schwab has warned that a “cyber pandemic” far exceeds the tribulations faced with during The Covid War.
The WEF published an number of accompanying articles in the lead-up to this forum this week, assessing the threats and how people, businesses, and governments can work to reduce these threats of cyber attacks.
One article said, “In 2023, 81% of companies were affected by ransomware in the preceding 12 months. Reported effects vary widely, from needing to purchase a solution to combat ransomware attacks, to being actively targeted, to actually paying a ransom. Regardless, the rate of companies affected by ransomware has remained consistently high since 2021.”
Another piece cites Amy Hogan-Burney, General Manager, Associate General Counsel, Cybersecurity Policy & Protection, said in a statement:
The most effective way to fight cybercrime is to come together. Each sector, business and organization has different insights into the threat ecosystem, skillsets to disrupt malicious infrastructure and abilities to hold criminals accountable. We must continue to harness these strengths, and that is exactly what the Cybercrime Atlas does.
At the same time, the WEF is also running what they call the AI Governance Summit at the same time and dates, which is hosted in San Francisco, California, during the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week 2023. The meeting of course covers artificial intelligence’s effect on society, the disruption it’s causing, its benefits, and how it will be governed.
But interestingly enough in the lead-up to these events a number of crippling cyber and hack attacks were launched around the world, causing mass disruption and delays across multiple sectors.
Starting in the United States, practically all citizens of the state of Maine have had their private data leaked and held at ransom on the dark web this past week, which includes everything from social security numbers, driver’s licenses, tax ID numbers, health insurance and medical information, reported by the Portland Press Herald, first published on November 9th. A team of Russian hackers using the nefarious file transfer tool MOVEit was to blame. Moreover, a number of government institutions and state offices were affected in the breach.
On October 31st Mr. Cooper, the third largest mortgage service in the U.S., was also hit with a cyber attack, that not only leaked private data but has also prevented customers from paying their mortgages.
And keeping things in the economic space, some days after the Mr. Cooper breach occurred, a number of large banks in the U.S. were hit some sort of glitch that prevented them from lending and transferring money. These banks included Bank of America, Truist, Chase, U.S. Bank, Trust, and Wells Fargo.
Bank of America told customers that “some deposits may be temporarily delayed,” as they other banks were facing an “issue impacting multiple financial institutions.” The message added: “Your accounts remain secure, and your balance will be updated as soon as the deposit is received. You do not need to take any action.”
CNN wrote on November 4th:
The Clearing House, which operates the Automated Clearing House system, which allows banks to send electronic payments to each other, experienced a processing error with a batch of bank transactions. Banks send everything from direct deposit paychecks to customer bill payments for mortgages and utility bills through the ACH system.
The Clearing House told CNN on Saturday the issue “impacted less than 1% of the daily ACH volume in the United States” and it was “working with the financial institutions who have customers that have been impacted.”
“All other ACH transactions are processing as expected,” the company said.
The Federal Reserve alerted banks Friday afternoon the problem was caused by a “processing issue” at ACH. The Fed had said an “error” in a batch of payments delayed the processing of payments.
In more recent days Australia has had its own crippling cyber attacks that they have had to deal with, causing mass disruption and bottlenecks.
Just days after the American banks had problems, millions of Australians were without internet and phone services, after the country’s second-largest telecommunications company, Optus, was compromised; and also ‘impacted hundreds of thousands of businesses, as well as some government services, public health systems and public transport systems,’ ABC News reported on November 7th.
‘About 10 million Optus customers are believed to have been impacted, as well as about 400,000 businesses and some government, health and transport systems,’ ABC added. This is about 40% of the population. The outage lasted for roughly seven hours. Optus claimed that it was not because of a cyber attack. However, Optus was hit with a large cyber attack in 2022, Reuters noted.
Then on Saturday the 11th, News.com.au reported: “Four major Australian ports grind to halt after cyber hack prompts Christmas price hike fears.”
DP World Australia – which operates ports in Melbourne, Sydney, Brisbane and Fremantle, and is responsible for 40 percent of Australia’s maritime freight, ABC reported – said in a statement, “The company, in collaboration with cybersecurity experts, has worked tirelessly, making significant progress in re-establishing landside freight operations at its ports.”
All of this and more has occurred by the WEF’s council meeting on cybersecurity; and nearly one month ago Info Security Magazine reported that explained that a “systemic risk scenario of a cyberattack resulting in global economic losses of $3.5 trillion.” ThisIsJohnWilliams highlighted this article on the increasing number of cyber attacks in recent weeks.
AUTHOR COMMENTARY
The threat of cyber attacks, breaches, hacks, EMPs, and grid-down scenarios are purposefully being used to justify more control over our lives. I have warned that ‘they’ are building up to some very serious and deliberate grid-down calamities, and now they are really starting to get rather large. As seen with the case of Australia, the backlogs this has created will take time to recover from. Now imagine if this was prolonged for many days; or God forbid this should happen in the U.S., an importer nation that can’t produce jack and relies on a tightly wound supply chain, it would be devasting.
But, that is how you control a population: threaten with money magically vanishing from your computer screen; personal and biometric info being leaked; the shipment of goods and services being delayed; and even energy resources being compromised as people freeze in the winter or roast in the summer, and God forbid nuclear reactors are taken offline for days on end…
SEE: The Coming Cyber Pandemic
Dubai Simulates Fallout From International Cyberattack
Hack Attack: The Next Scripted Powerplay For Control Is Soon Approaching
China Balloon Psyop: Alt Media Warns Balloon Was ‘Dry Run’ For Coming EMP Bomb Attack
When Uncle Klaus warns you that a “cyber pandemic” is a graver threat than the Covid scam, then his words should reverberate loudly, and taking ample means of preparation are needed.
But when ye shall hear of wars and commotions, be not terrified: for these things must first come to pass; but the end is not by and by.
Luke 21:9
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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A FEAR-MONGERING SCAM, TO JUSTIFY MORE GOVERNMENT CONTROL OVER OUR LIVES! Exactly Brother Jacob!
Imagine if an EMP strikes certain states if not all of America, it will spell D-I-S-A-S-T-E-R
All electricity and technology will be fried! Electricity, WiFi, Internet, Radar, Smartphones, iPads, Drive-Thrus, TV, Xbox, PlayStation, Nintendo, Kitchen Appliances – ANY Appliances, Radios, Chargers, Digital Clocks, Lights, Theaters, AC, Heaters, Cameras, Air Traffic Control, Cash Registers, ATMs, even a Rotary Phone from the 1940s they’re going to be Kaput!
It’ll put America or the affected state(s) back in the 1700s, and it is going to be madness and insanity-level chaos that will make September 11th seem like a Labor Day barbecue!
An understatement there; people will go ballistic and it will be the wild west, if so ya better be racked and packed and ready in ya fort.