WEF Global Risks report warns of internet 'trust crisis'

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Banks must prepare for a general loss of trust in the internet that could be as damaging as the 2008 financial crisis, the World Economic Forum warned today.

The WEF's latest annual Global Risks report listed a cluster of technology-related risks as having the potential to cause systemic damage over the next decade. In particular, speaking at the report's launch in London, Axel Lehmann, chief risk officer of the insurance group Zurich, highlighted the consequences of a breakdown of trust in the

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