Extreme weather the biggest global threat facing humanity, says new report

Mr. Trump comes to Davos A chance to mix business with pressure on violent extremism

When we asked almost 1,000 respondents for their views about the trajectory of risks in 2018, 59% of their answers pointed to an intensification of risks, compared with 7% pointing to declining risks.

The World Economic Forum says a new survey found more than nine in 10 experts are expressing concerns about worsening economic or political confrontation between world powers, as "charismatic strongman politics" increasingly affects geopolitics.

But the report said: "Among the most pressing environmental challenges facing us are extreme weather events and temperatures; accelerating biodiversity loss; pollution of air, soil and water; failures of climate-change mitigation and adaptation; and transition risks as we move to a low-carbon future". And two of the most prominent risks for American businesses, specifically, will be inadequate protections against cyberattacks and the potential environmental disasters stemming from climate change.

Economic threats feature less prominently after the International Monetary Fund raised its global GDP projections to 3.6% for this year, with WEF founder, Klaus Schwab, saying this presents an opportunity to strengthen the world's institutions.

Similarly, thousands of attacks every month on critical infrastructure from European aviation systems to US nuclear power stations show state-sponsored hackers are attempting to "trigger a breakdown in the systems that keep societies functioning", the WEF said. The survey revealed that rising cyber dependency of people across the world has exposed them to adverse consequences of technological advances, and cyber crime like data theft and cyber-attacks.

Therefore, there is a need for greater investment in cyber-risk management, he added, suggesting "we are still under resourced in the amount of effort put into trying to mitigate this risk".

Unlike previous editions of the Global Risks Report, economic stresses feature less, as the world recovers from the 2008 crash and GDP growth rates slowly improve. I think about the proliferation of interconnected devices-there's now today 8.4 billion of those out there, so already greater than the global population of 7.6 billion, and projected to grow to 20 billion in 2020, so that just widens the attack surface for companies to potential attacks. Sudden and dramatic breakdowns - future shocks - become more likely. On the other hand, weapons of mass destruction would have a catastrophic effect if deployed, but that scenario is thought to be relatively unlikely to take place.

"Unfortunately, we now observe a "too-little-too-late" response by governments and organisations to key trends such as climate change. It's not yet too late to shape a more resilient tomorrow, but we need to act with a stronger sense of urgency in order to avoid a potential system collapse". The numerous attacks from past year proved that the nature of cyber threats is constantly evolving and no organisation, be it big or small, can afford to be complacent.

Trump will join other world and business leaders in the Swiss Alpine resort January 23-26 for the forum, where he is scheduled to give the closing address, organisers said.

"Ultimately, we are rapidly moving towards an age dominated by connectivity and smart devices - with the Internet of Things swiftly becoming as widespread as radio or TV - giving cyber criminals an. Cyber risks put the regulatory frameworks under pressure as they to adapt to these new high-frequency and high-risk economic threats". The financial impact of cybersecurity breaches is rising, and some of the largest costs in 2017 related to ransomware attacks, which accounted for 64% of all malicious emails, ' the World Economic Forum noted.

According to the report, produced in conjunction with strategic partners Marsh & McLennan Cos.

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