Yesterday, the 2021 World Economic Forum report was released. The annual risk report – with this year’s edition being the 16th – identifies and analyses critical global risks facing the world. It is based on a Global Risks Perception Survey, which is completed by over 650 members of the World Economic Forum’s diverse leadership communities. Among the highest likelihood risks of the next ten years, cybersecurity failure is ranked 4th in the ‘clear and present danger’ section (short term risk; 0-2 years). IT infrastructure breakdown is also cited as being a major issue in the next 3-5 years (ranked #2).