Q. What second to the Climate Emergency as the World’s Greatest Risk?

A. This book has the answer to this and other important questions.

Imagine the world having US$6 trillion every year, without the need to borrow from future generations or dig into reserves.

Imagine what the world could do with that money in its fight against the coronavirus and the disease it causes, Covid-19.

That’s how Hendrik J Troskie starts his book “The 4^th Competitive Force for Good”.

What ishe talking about?

Cybercrime, of course. Because that’s what the global economy will lose from cybercrime next year, in 2021.

He’s not alone in making this assertion. Cybercrime is such a growing threat to individuals, businesses and institutions – and the global community – that the World Economic Forum Global Risk Report 2019 rates cyber-attacks second only to the climate emergency.

Both risks are man-made and both are caused  – in the opinion of the author  – by an unfettered exploitation by business of science and technology for a profit.

He also notes:

“US$6 trillion is what the global economy will lose from cyber-crime by 2021. Losses already amount to US$3 trillion per annum and is facing an exponential growth. Cyber-crime is not just about the poster-child hacks, the billion-dollar hacks that make the frontpages.

“It affects everybody, from the retirees who see their life savings stolen by online scammers, small and medium size businesses that close their doors following ransomware attacks. Every individual carries this burden.”

He also points out that the pandemic has produced an outbreak of cyber-crime, which has forced Interpol into launching a global awareness campaign about the risks.

But Hendrik doesn’t just talk about the issues and risks. He comes up with some effective solutions for business, primarily guiding management towards an ESG – Environment, Social & Governance – framework, which he believes will “achieve risk reduction and cut the cost of cybersecurity”

He knows what he’s taking about from his experience in IT and security, as well as from his intensive business studies.

Also he admits he has ”a healthy dose of climate anxiety – and cyber anxiety – which motivates him to do something about both” .

Learn more about the man, connect with him and his book on Linkedin: https://www.linkedin.com/in/hendrik-troskie-ma-phil-3987298/

With Covid-19 pandemic spreading across the world and economies in lockdown, many businesses have a unique opportunity to prepare for a new age, where businesses work for the good of society and make a profit.

Find out more – and buy the book in print or digital form  – through online stores like Book Depository:  https://www.bookdepository.com/4th-Competitive-Force-for-Good-Hendrik-J-Troskie/9781543757293?ref=grid-view&qid=1595433901010&sr=1-6733

This reviewer has to admit that he did have a small part to play in the final production of this book, by acting as copy editor and passing on a bit of advice to Hendrik here and there. – Ken Hickson.