A blog article by Christine Lagarde from the IMF outlining the financial costs of cyber risk on the financial services sector. It estimates that the average annual losses to financial institutions from cyber-attacks could reach a few hundred billion dollars a year.

This is an illuminating piece of thinking around ways to transform cybersecurity, to bolster its effectiveness, through learning lessons from the field of Sustainability. The paper was brought by the Public Knowledge organisation which is a non-profit Washington, D.C. based public interest group that is involved in intellectual property law, competition, and choice in the digital marketplace, and an open standards/end-to-end internet.