Last November the World Economic Forum (WEF) and the Carnegie Cyber Policy Initiative published a joint report in which they recommended the merging of ALL international banks, ALL financial regulators and….
….that’s right everyone – the intelligence agencies.
The report states that these measures are needed to confront an (allegedly) imminent cyber attack which (they claim) is about to destroy the entire world’s existing financial system.
Advisors to this group included the US Federal Reserve, the Bank of England, the International Monetary Fund, JP Morgan Chase and Silicon Valley behemoths such as Amazon, Facebook and Twitter
Is this simply a Coincidence?
Let us start the answer to that question with a question.
Is it simply a coincidence that the Financial Services Information Sharing and Analysis Centre (FS-ISAC), (which is the largest information sharing organisation in the financial industry), have also warned of nation-state hackers and cybercriminals being poised to launch a super massive cyber attack on the global financial system?
FYI: The monitoring of this potential event is an operation known as Cyber Polygon and is on-going.
It should also be noted here that both these reports were published just after the World Economic Forum had launched an on-going simulation event of that very scenario – a cyber attack bringing the entire global financial system to its knees.
The correct answer is – No, it’s not a coincidence.
If that answer is correct then it’s a cause for concern and a flag should now be waved.
Such a coordinated simulation conducted by those who dominate the Global financial system is an obvious cause for concern, particularly as the now infamous Event 201, (which was a simulation of a global coronavirus pandemic) was conducted by the World Economic Forum just 3 months before the COVID-19 crisis was declared.
FYI: The COVID-19 crisis has since been cited as the main justification for accelerating the “digital transformation” of the financial (and other) sectors which the World Economic Forum and its chairman, Klaus Schwab have been promoting for many years.
This latest prediction of a doomsday event – a cyber attack that instigates the systemic collapse of the current financial system – would offer yet another (and perhaps final) step in the WEF’s plot to create a digital currency……and ultimately their governance of an entirely new global economy.
For some years now experts have been warning that a collapse of the entire financial system is inevitable. These experts have pointed at central bank mismanagement and rampant Wall Street corruption as the most likely cause of such a collapse.
Clearly such an attack would absolve central banks and their corrupt financial institutions of any responsibility at all.
A cyber attack of this scale would not only provide the perfect covering of some corruption infested backsides but also a dismantling of the entire global financial system.
It would also provide justification for instigating some of the incredibly troubling policies which are being promoted in the WEF-Carnegie report.
One such policy would be the fusion of US intelligence agencies and the banks in order to protect the critical financial infrastructure.
Considering the precedent of the WEF’s past simulations and subsequent reports regarding the COVID-19 crisis, it is well worth examining the background to these simulations, the warnings and the policies ultimately being promoted today by these powerfully corrupted organisations.
For more details read ‘What Is The Great Reset’ —> here
Now it’s time for a quick musical interlude.
Please remember that whilst Anonymous believes that the lyrics of a song can (and often do) speak volumes in the case of The House of the Rising Sun Anonymous would like to paraphrase Sigmund Freud when he said:
‘Sometimes lyrics are just lyrics.’
The WEF – Carnegie Cyber Policy Initiative
Now, on with the show.
For the remainder of this article RiP will examine the November 20 WEF-Carnegie report in more detail.
At this point RiP would like to thank Whitney Webb for her amazing research into this subject.
The Carnegie Endowment for International Peace, (CEIP) is one of the most influential foreign policy think tanks in the United States.
This ‘tank of terribles‘ has close ties with the US State Department, a number of former Presidents, most of corporate America and American oligarch clans like the Pritzkers.
The current trustees of the Carnegie Endowment include executives from the Bank of America and CitiGroup as well as all the most influential of the financial institutions.
In 2019 the Carnegie Endowment launched its Cyber Policy Initiative with the aim of producing an International Strategy for Cybersecurity and the Global Financial System.
According to the CEIP website that strategy was released in November 2020.
The strategy/report was authored by leading experts in governments, central banks, international industry and the technical community.
The initiative is an extension of past efforts by the Carnegie Endowment to create the merging of the World bank, national banks, financial authorities and the entire financial industry with law enforcement and national security agencies.
This is both a major recommendation in the November 2020 report and follows the recommendations of a 2019 high-level roundtable meeting between the Endowment, the IMF and central bank governors.
In 2019 the Endowment also partnered with the IMF, SWIFT, Standard Chartered and FS-ISAC to create a cyber resilience capacity-building tool box for financial institutions.
That same year, the Endowment also began researching the evolution of the cyber threat landscape and any incidents which may have involved financial institutions.
This research was done in collaboration with BAE Systems, the UK’s largest weapons manufacturer.
This collaboration continues today.
A Meeting of the ‘Biggy Wiggies’
In January 2020, representatives of the Carnegie Endowment presented their Cyber Policy Initiative at the annual meeting of the World Economic Forum. The WEF then officially partnered with the Endowment on this initiative.
Advisors to the now joint WEF-Carnegie project include representatives of:
- Central banks like the US Federal Reserve, Bank of England and the European Central Bank…
- Wall Street’s most infamous banks like Bank of America and JP Morgan Chase….
- Law enforcement organisations like INTERPOL, Mi6 US Secret Service….
- Corporate giants like Amazon and Accenture…..
- Global financial institutions like the International Monetary Fund (IMF) and SWIFT.…
Other notable advisors include the managing director and head of the WEF’s Centre for Cybersecurity, Jeremy Jurgens, who was also a key player in the Cyber Polygon simulation, and Steve Silberstein, the CEO of the Financial Services Information Sharing and Analysis Center (FS-ISAC).
Not a question of IF but WHEN….
The Cyber Policy Initiative’s November 2020 report is officially titled The International Strategy to Better Protect the Financial System.
It begins by noting that the global financial system is, “going through unprecedented digital transformation, which is being accelerated by the coronavirus pandemic.”
It then warns:
“Malicious actors are taking advantage of this digital transformation and pose a growing threat to the global financial system, financial stability, and confidence in the integrity of the financial system.
Malign actors are using cyber capabilities to steal from, disrupt, or otherwise threaten financial institutions, investors and the public.
These actors include not only increasingly daring criminals, but also states and state-sponsored attackers.”
The report also notes that they are, “increasingly concerned, key voices are sounding the alarm.”
It also noted how Christine Lagarde of the European Central Bank and formerly of the IMF warned in February of 2020 that “a cyber attack could trigger a serious financial crisis.”
A year prior to that, at the WEF’s annual meeting, the head of Japan’s central bank predicted that “cybersecurity could become the financial system’s most serious risk in the near future.”
The report also notes that in 2019, Jamie Dimon of JP Morgan Chase similarly labeled cyber attacks as possibly, “the biggest threat to the US financial system.”
After Lagarde’s warning, the Financial Stability Board asserted:
“Cyber incidents pose a threat to the stability of the global financial system” and that “a major cyber incident, if not properly contained, could seriously disrupt financial systems, including critical financial infrastructure, leading to broader financial stability implications.”
In the WEF-Carnegie report the authors also added these concerns:
“The exploitation of cyber vulnerabilities could cause losses to investors and the general public and lead to significant damage to public trust and confidence in the current financial system.”
They also note, that aside from affecting the general public in a significant way, this threat could impact both high-and low to lower-middle income countries, meaning its impact on the masses will be global in scope.
The report then ominously concludes:
One thing is clear: it is not a question of if a major incident will happen, but when.
Phew…..that’s heavy – time for another musical break mefinks.
Here’s Somewhere over the Rainbow sung by Israel “IZ” Kamakawiwoʻole. Enjoy.
Control the Narrative
Right then, back from Somewhere over the Rainbow so it’s on with the show.
Another section of the report specifically outlines recommendations for controlling the narrative in the event of such a crippling cyber attack ever taking place.
The report recommends:
“ Financial authorities and industry should ensure they are properly prepared for influence operations and hybrid attacks that combine influence operations with malicious hacking activity.
They should apply lessons learned from influence operations targeting electoral processes to potential attacks on financial institutions.”
It goes on to recommend:
“Major financial services firms, central banks and other financial supervisory authorities, should identify a single point of contact within each organisation to engage social media platforms for crisis management.”
In the event of a crisis, such as a devastating cyber attack on the global banking system, social media companies should swiftly amplify communications by central banks so that central banks may debunk fake information and calm the markets.
Financial authorities, financial services firms and tech companies [presumably including social media companies] should develop a clear communications and response plan focused on being able to react swiftly.”
Notably, both Facebook and Twitter are listed in the report’s appendix as “industry stakeholders” who have “engaged” with the WEF-Carnegie initiative.
The report asserts that premeditated coordination between banks and social media companies needs to take place so that both parties may “determine what severity of crisis would necessitate amplified communication.”
The report also calls for social media companies to work with central banks to “develop escalation paths similar to those developed in the wake of the past election interference, as seen in the United States and Europe.”
Of course, these “escalation paths” will no doubt involve even more wide-ranging social media censorship.
(On the upside this might lead to Mark Suckaturd masturbating himself to death in a fit of sheer joy)
The report seems to acknowledge this, when it adds:
“Quick coordination with social media platforms is necessary to organise content takedowns.”
Thus, the report is calling for central banks to collude with social media platforms to plan their censorship efforts if if a sufficiently severe crisis were ever to occur in global financial markets.
As far as “influence operations” are concerned, the report divides these into two categories;
- Those that target – individual firms.
- Those that target – the entire Global markets.
Regarding the first category of “influence operations” the report states:
“Organised actors will spread fraudulent rumours to manipulate stock prices and generate profit based on how much the price of the stock was artificially moved.
In these influence operations, firms and lobbyists use astroturfing campaigns, which create a false appearance of grassroots support, to tarnish the value of a competing brand or attempt to sway policymaking decisions by abusing calls for online public comments.”
Regarding the second category of “influence operations,” the report also states:
“These operations are likely to be carried out by a politically motivated actor like a terrorist group or even a nation-state.
This type of influence operation may directly target the financial system to manipulate markets, for example, by spreading rumours about market-moving decisions by central banks as well as spreading false information that does not directly reference financial markets but that causes financial markets to react.”
Given that the report clearly states that the first category of “influence operations” poses little systemic risk while the second “may pose systemic risk”.
This appears the more likely event in that it is also being predicted in the WEF-Carnegie report and would ultimately involve claims by a “terrorist group” or by a nation-state sponsoring such an operation.
Notably, the report mentions North Korea as a likely nation-state offender – on several occasions.
It also dwells on the likelihood that synthetic media or “deep fakes” would play their part in this system-devastating event effecting emerging economies or in high-income countries which may be experiencing a financial crisis.
A separate report published in June 2020,the WEF-Carnegie initiative specifically commented on deep fakes and the financial system.
That report noted that any such attack would most likely occur during a much larger financial crisis. The report says this could, “amplify damaging narratives” or even worse, “simulate a grassroots consumer backlash against a targeted brand.”
The report also notes that:
“Companies, financial institutions and government regulators facing public relations crises are especially vulnerable to deep fakes and synthetic media.”
Merging the Banks and Financial Regulators with the Intelligence Agencies
Given the inevitability of this destructive event predicted by the report’s authors, it is important to focus in on the solutions proposed in the WEF-Carnegie report as they will become immediately relevant if this event, as predicted by the WEF and Carnegie Endowment, does come to pass.
Some of the solutions proposed are to be expected from a WEF-linked policy document, such as the calls for increased public-private partnerships and greater coordination among regional and international organizations as well as increased coordination between national governments.
However, the main “solution” at the heart of this report, which also feature at the heart of the WEF-Carnegie initiative’s other endeavours, is a call to merge corporate banks, the financial authorities that oversee them, tech companies and the national security state.
The report’s authors argue that the principle vulnerability of the global financial system is “the current fragmentation among stakeholders and initiatives” and that mitigating this threat to the global system lies in the reducing of that “fragmentation.”
The report goes on to say that the only way to resolve the issue requires a massive re-organization of all the “stakeholders” via increased level of global coordination.
The report also notes that the “disconnect between the finance, the national security and the diplomatic communities is particularly pronounced” and it calls for much closer interaction between these three elements
It then states:
“This requires countries not only to better organize themselves domestically but also to strengthen international cooperation to defend against, investigate, prosecute and ideally prevent future attacks.
This implies that the financial sector and financial authorities must regularly interact with law enforcement and other national security agencies in unprecedented ways, both domestically and internationally.”
Some examples of these “unprecedented interactions” between banks and the national security state are included in the report’s recommendations.
For example, it argues:
“Governments should use the unique capabilities of their national security communities to help protect FMIs [financial market infrastructures] and critical trading systems.”
It also calls for the World’s national security agencies to consult with critical cloud service providers like WEF-Carnegie initiative partner Amazon Web Services in order to determine how intelligence collection could be used to identify (and monitor) any potential significant threat actors.
They argue that developing a mechanism between the security state and big tech companies for the sharing of information will help to identify any imminent threats.
The report also states:
“The financial industry should throw its weight behind efforts to tackle cyber crime more effectively, for example by increasing its participation in law enforcement efforts.”
On that last point, there are indications that this process has already begun.
For instance, Bank of America, the second largest bank in the US and part of the WEF-Carnegie Initiative and FS-ISAC, was reported to have “actively but secretly engaged” with US law enforcement agencies in the hunt for “political extremists” following the January 6th events at Capitol Hill.
In doing so, Bank of America shared private information with the federal government without the knowledge or consent of its customers.
This led to critics accusing the bank of “effectively acting as an intelligence agency.”
Arguably the most troubling part of the report is its call to unite the national security apparatus and the finance industry and then use that as a model to do the same with other sectors of the economy.
It states that:
“ Protecting the international financial system can be a model for other sectors.
Focusing on the financial sector provides a starting point and could pave the way to better protect other sectors in the future.”
Should all the sectors of the economy fuse with the national security state, it would inevitably create a reality in which every part of human life could ultimately be controlled by these two very powerful entities.
The New Normal
All the aforementioned is a clear recipe for techno-fascism – on a global scale.
It’s begun with the coordination of the institutions (banks and governments) who currently control the global financial system.
Not only that but – as pointed out in Whitney Webbs’ article on Cyber Polygon – the World Economic Forum (and some of its nefarious partners) have a vested interest in bringing about a systemic collapse of the current financial system.
In addition, many of the World’s central banks have now backed the idea of new digital currency systems.
These digital currencies can only achieve a rapid mass adoption if (and only if) the existing financial systems collapse.
The NoseDive into Social Points has Begun?
If you ever wondered where Charlie Brooker and his team of amazing people got the idea for their futuristic drama, Nosedive from?
Now you know.
However, as this WEF-Carnegie report makes abundently clear, the journey to our world’s Dystopian nightmare has only just begun.
These digital currency systems are just the beginning because they are but a Tip Toe step away from being integrated with biometric IDs and the so-called “vaccine passports” which are being proposed as a “way out” of COVID-19-related restrictions.
It is also worth considering when the WEF will actually head to the launch pad with their new Global digital currency given the WEF-Carnegie report‘s predictions of when (they say) this hack of all hacks is likely to occur.
Hmmm. The count-down has begun, 10, 9, 8, 7,
More about WEF and Klaus Schwab’s Fourth Industrial Revelation —> What Is The Great Reset
Totalitarianism is a concept of government or political system which prohibits opposition parties, restricts opposition to the state and/or its claims, and exercises an extremely high degree of control over public and private life.
It is regarded as the most extreme and complete form of authoritarianism.
Today we understand Tip Toe Totalitarianism, a term first used by David Icke, to mean the strategy for achieving the nefarious plans of a secretive New World Order.
To end this essay RiP gives you the late great Louis Armstrong and What Wonderful World. Listen to his spokens just before he starts to sing…..
Thanks for reading. Please remember to share a link with whom-so ever you feel would be interested.
Special thanks to…
The Last American Vagabond