What is the biggest risk event in 2019?

GURGAON, India - Jan. 31, 2019 - PRLog -- As the world adopts digitization in every sphere of life, is cybersecurity the biggest risk frontier facing world economies? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in Business Times – Singapore.

World economies are ready to adopt technological advancements but the downside is a possible cyberattack on IT systems across any country. These could cripple governmental, financial, healthcare and other systems.

A cyberattack could come from state or non-state actors – terrorists, hostile foreign powers or criminal syndicates.

A determined and massive cyber-attack could paralyze B2B and B2C online transactions. In such a scenario, industries depending on online transactions for sales or supply chain activity could be severely hit.

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

These projects integrate traditional customer research with knowledge of the broader business eco-system; for instance, competitors, channels, legal and regulatory factors. They support strategic decision-making for market growth and entry. Our studies provide indispensable tools for creating business plans, setting sales quotas, quantifying budgets and investment as well as making product launch decisions.

Spire exists to undertake such projects with distinction.

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