首页|Interconnected and resilient: A CGE analysis of AI-driven cyberattacks in global trade
Interconnected and resilient: A CGE analysis of AI-driven cyberattacks in global trade
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NETL
NSTL
Wiley
The burgeoning interconnectedness of global trade in the digital age not only presentsenticing opportunities but also harbors potent vulnerabilities of artificial intelligence(AI)-driven cyberattacks. This study explores the cascading impacts of these disruptivethreats on economies, supply chains, and trade, utilizing the intricate lens ofComputable General Equilibrium modeling.Through meticulously designed simulation scenarios, we illuminate the potential economicramifications of cyberattacks, with a focus on regions heavily reliant on digitaltechnologies and interwoven supply chains. The analysis reveals significant declines inreal GDP, trade prices and volumes, and trade route disruptions across regions. Notably,economies like China, the United States, the United Kingdom, and the EU, due to theirdeep integration in global networks, face pronounced vulnerabilities.However, amidst this bleak landscape, hope emerges in the form of cyber resilience.The study showcases the effectiveness of proactive measures like adaptable productionsystems, diversified trade partners, and robust cybersecurity infrastructure in mitigatingthe adverse impacts of cyberattacks. Incorporating cyber resilience significantly dampensthe reported negative consequences, highlighting the critical role of preparednessin combating digital warfare.This study underscores the urgent need for a global paradigm shift toward cyberresilience. Collective efforts to bolster cybersecurity infrastructures, foster internationalcooperation in threat intelligence, and establish open and resilient trade frameworks arecrucial in navigating the treacherous labyrinth of AI-driven cyberattacks. By embracingresilience strategies and fostering global collaboration, we can pave the way for amore secure and prosperous digital future, where interconnectedness becomes a toolfor progress, not a vulnerability to be exploited.
NETL
NSTL
Wiley
