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WEF Warns of Cyber Attack Leading to Systemic Collapse of the Global Financial System

A report published last year by the WEF-Carnegie Cyber Policy Initiative calls for the merging of Wall Street banks, their regulators and intelligence agencies as necessary to confront an allegedly imminent cyber attack that will collapse the existing financial system.

In November 2020, the World Economic Forum (WEF) and Carnegie Endowment for International Peace co-produced a report that warned that the global financial system was increasingly vulnerable to cyber attacks. Advisors to the group that produced the report included representatives from the Federal Reserve, the Bank of England, the International Monetary Fund, Wall Street giants likes JP Morgan Chase and Silicon Valley behemoths like Amazon.

The ominous report was published just months after the World Economic Forum had conducted a simulation of that very event – a cyber attack that brings the global financial system to its knees – in partnership with Russia’s largest bank, which is due to jumpstart that country’s economic “digital transformation” with the launch of its own central bank-backed digital currency.

More recently, last Tuesday, the largest information sharing organization of the financial industry, whose known members include Bank of America, Wells Fargo and CitiGroup, have again warned that nation-state hackers and cybercriminals were poised to work together to attack the global financial system in the short term. The CEO of this organization, known as the Financial Services Information Sharing and Analysis Center (FS-ISAC), had previously advised the WEF-Carnegie report that had warned much the same.

Such coordinated simulations and warnings from those who dominate the current, ailing financial system are obvious cause for concern, particularly given that the World Economic Forum is well-known for its Event 201 simulation about a global coronavirus pandemic that took place just months prior to the COVID-19 crisis.

World Economic Forum and many of its partners have a vested interest in the systemic collapse of the current financial system. In addition, many central banks have recently backed new digital currency systems that can only achieve rapid, mass adoption if the existing system collapses.

[thelastamericanvagabond.com]

Paralamente 7 Apr 22
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When you are running your business on a software that was developed in the 1950's and last up dated in 1995 and it's latest revision was in 2018 you will most likely have problems with your software. this is on of the biggest problems with their security Fortran is a simple language like Basic.
[en.wikipedia.org]

KeVince Level 8 Apr 22, 2021
0

The American economy and the global economy are so destabilized that any cataclysmic event, be it natural or man made (cyber attack) will topple it off its pegs.

iThink Level 9 Apr 22, 2021
0

If that doesn't work, there's always " climate change" to fall back on.

angelo Level 8 Apr 22, 2021
1

Covid didn't work so the next global catastrophe on the list follows I guess?

The elites will get their global control come hell or high water

ヅ Corona times, a buffet for the rich and powerfull. In Denmark we call it tkake self table

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