The Shared Responsibility for a Safer Cyberspace

New cyberattacks are occurring daily. Between 2019 and 2020, ransomware attacks rose by 62 percent worldwide and 158 percent in North America alone. 2021 is no different. The high-profile attacks exploiting suppliers such as Colonial Pipeline and JBS Foods and software companies like Kasey support the need for global standards that promote shared responsibility between vendors, suppliers, and operators by holding all parties accountable.



To effectively address risk in an intelligent world that is becoming increasingly dependent 5G networks and IoT devices, it is important to have uniform standards and a common, objective, and transparent basis for knowing what products and services are worthy of trust. While 5G makes significant strides to improve overall security – such as enhanced user authentication and stronger data encryption – the threat landscape is larger. With more than 30 billion IoT-connected devices expected to be active by 2025, ensuring a safer and more secure cyberspace is a shared commitment by all parties in the ICT supply chain