The Global Risks Report 2022

• The World Economic Forum recently released the Global Risks Report 2022. Cybersecurity, pandemic, climate change and space advancements are the emerging risks to global economy.

• The global economy is to shrink by 2.3% by 2024. However, in developing countries this is to be 5.5%. In rich countries, it will be 0.9%

• The online platforms have increased tremendously during the pandemic. The COVID has brought in major work shift. People are now attending classes online. This has increased the security risks.