TODAY: BUSINESS FUTURES | 67 ANALYSIS Hackers can take down entire online Global spending on platforms or physical infrastructure. cybersecurity software, services and hardware In 2015, a hack on Ukraine’s power grid left 700,000 people is expected to reach 34 without electricity for several hours. In 2016, a “botnet” of almost nearly half a million connected devices, including webcams and digital video recorders, rendered websites such as Twitter and PayPal US$120 billion 35 unavailable. Compared to previous eras, in which only a few 38 large states generally had the tools to take down infrastructure by 2021. Increasingly, on a massive scale, today’s geopolitical climate is more complex. security is a central Meanwhile, the destructive capacity of terrorist and criminal groups consideration for many is growing, and attacks are harder to attribute with confidence. companies; for example, Amazon’s cloud business, Increasingly, cyber attacks impose serious financial and AWS, purchased cybersecurity reputational impacts on business. In 2015, Fiat Chrysler recalled company harvest.ai in 2017.39 1.4 million vehicles after technology researchers showed they could hack a Jeep Cherokee, remotely taking control of its engine, 36 brakes and steering. Yahoo was hit by 43 consumer class action lawsuits after three data breaches between 2013 and 2016, which exposed a total of more than 3.5 billion accounts.37 THE WORLD OF REDESIGNING THE IMAGINATION TTHHE AE AGGE OE OFF “TECHNO-POLITICS” LIFE ECONOMY ((IINN))SESECUCURITRITYY

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