Access "Misuse of social media could wreak havoc, warns World Economic Forum"
This article is part of the March 2013 issue of The security risk sweeping Europe
The rapid spread of false information through social media could "wreak havoc" for businesses, global markets and society, the World Economic Forum has warned. Misinformation has the potential to spark panic selling of shares, or panic evacuations, the WEF claimed in an analysis of the most serious risks facing the global economy published in the run-up to its meeting in Davos this month. The rapid spread of false information, or "digital wildfires", is one of a series of newly emerging risks identified by the WEF in its Global Risks 2013 report, which surveyed 1,000 experts and business leaders. “An analogy here is shouting 'Fire' in a crowded movie theatre. You might be able to correct that within a couple of minutes by saying 'There isn’t a fire', but in that couple of minutes, maybe a couple of people got trampled,” said John Drzik, chief executive officer of Oliver Wyman Group, and one of the report’s editors. Social media increasing risk of false information The report warned the risks of false information were increasing as the use of social media ... Access >>>
Premium Content for Free.
Social media: A security challenge and opportunity
by Warwick Ashford
Generation Y workers are posing increasing security challenges to their employers as they share data unreservedly
- Social media: A security challenge and opportunity by Warwick Ashford
Misuse of social media could wreak havoc, warns World Economic Forum
by Bill Goodwin
The rapid spread of false information through social media poses a growing threat to business and society, the World Economic Forum has warned
- Misuse of social media could wreak havoc, warns World Economic Forum by Bill Goodwin
Spanish police arrest ransomware cyber gang
by Warwick Ashford
Police in Spain have arrested a gang of 11 cyber criminals who used "ransomware" to demand money from thousands of victims in 30 countries
- Spanish police arrest ransomware cyber gang by Warwick Ashford
More Premium Content Accessible For Free
Cultivating IT Talent
While the latest GCE A-Level results suggest that more people than ever will go on to study science, technology, engineering and maths (Stem) courses...
The rise of home automation
In this week’s Computer Weekly, we look at the latest developments in smart home technology and the opportunities it presents for businesses. Our new...
A Sustainable Print Agenda
With pressure mounting on organisations to reduce their environmental impact, sustainability is still high on the corporate IT agenda, despite the ...