Cybersecurity is the biggest threat to the world economy over the next decade, CEOs say

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Cybersecurity threats from around the world are ramping up, and so are recruiting efforts to fight them. There are currently half a million cybersecurity jobs open in the U.S., and some agencies are targeting women recruits.

Andrew Brookes | Cultura | Getty Images

CEOs see cybersecurity as the number one threat to the global economy over the next five to ten years, a new report has claimed., management consultancy EY surveyed 200 global CEOs among the Forbes Global 2000 and Forbes Largest Private Companies. Researchers also interviewed 100 senior investors from global firms that had managed at least $100 billion in assets.

Income inequality and job losses arising from technological change were ranked second and third in the list of threats, while ethics in artificial intelligence and climate change rounded out the top 5.According to the study, global CEOs see more growth opportunities than risks in acting on those global challenges, with half of chief executives saying they believed the world's largest companies should be engaged in addressing such problems.

More than two in three CEOs also said they were likely to take a public stand on the biggest global challenges. "We have arrived at a tipping point in corporate action on global challenges which will have a powerful impact. The world's largest companies are set to undertake a range of meaningful actions to address global challenges such as income inequality, the ethics of AI, cybersecurity, and climate change," the report said.

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