Unsurprisingly, our reliance on the internet has grown in the past year. Millions globally depend on it for their work, school, health, and basic services. Because of this, cyber-security and cyber-risk among citizens are a growing concern from a lack of education and literacy. 

A small group of nations are moving in the right direction and can show others how best to proceed. This is according to a Cyber Risk Literacy and Education Index, which ranks 50 geographies.

Cyber-risk index

Summary of countries’ index ranking and weighted scores for cyber literacy. [Source: Oliver Wyman]

Switzerland, Singapore, the United Kingdom, Australia and the Netherlands topped the list. This comes due to their strong government policies, education systems, widespread access to training and citizen support to reduce risk.

To date, most governments’ strategies to improve cybersecurity overlook the importance of continued cyber-risk education. This is widely necessary for citizens across all ages and social demographics. 

Many countries publish policies and plans but fail to enact those plans. Only eight countries in the index had publicly available metrics to measure their progress regarding cyber-risk literacy and education goals.

Studies have shown that 95% of cybersecurity incidents are linked to human error. Improving literacy on topics such as password strength, phishing scams, and online tracking should be a priority.

As the utilization of sophisticated digital and data-based technology grows, so should the initiatives to teach and protect from risks.

With the ever-expanding digitization of data and tech it’s never a bad time to start learning related skills and tools to seek new career opportunities and make yourself more employable. Lantern Institute provides programs in data science and finance to help you get started.

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