Security News > 2020 > January > World Economic Forum on Securing the Aviation Industry in the Age of Convergence
The World Economic Forum believes that the success - and safety - of the aviation industry is largely down "To the successful balance between regulatory and risk priorities." But times, prompted by the Fourth Industrial Revolution and digital transformation, are changing; and WEF notes, "As technology is changing, so are the priorities of aviation stakeholders and more work is required to ensure optimal resilience." And this is without the additional complications of new technologies such as unmanned aerial vehicles.
The work involved interviews, surveys and workshops with industry participants, trade associations, regulators, air navigation service providers, airlines, airports and OEM manufacturers as well as ICT and insurance businesses working with and supporting the industry.
WEF ran its own survey examining the threats, risks and vulnerabilities most affecting the aviation industry.
"Compromise of aviation systems resulting in incorrect data flowing between aircraft, aircraft maintenance organizations, airports and air navigation systems could have a critical impact," warns WEF. If this compromised the safety of an aircraft or airline, public safety and confidence in the industry would fall.
Over the course of the next year, WEF will engage "a multistakeholder community to co-design and pilot a common approach and methodology which will be shared with the Forum's policy community." In the meantime, the advice shared in this paper - although primarily directed at the aviation industry - will benefit any business in any sector currently engaging with business transformation.