The Next Decade in Risk: Technology Risks

The Next Decade in Risk: Technology Risks

Looking back at the last decade of cyber risk offers insight into what can be expected for the future growth of technologies and vulnerabilities. The most expensive cyber attacks of the last decade were both contagious malware events that struck in 2017, WannaCry and NotPetya. These events caused an estimated $3 billion and $10 billionRead more

The Next Decade in Risk: Geopolitical and Security Risks

The Next Decade in Risk: Geopolitical and Security Risks

  Geopolitical conflict is one of the oldest risks known to society and yet a simple explanation of its various causes, impacts, and solutions continuously eludes us. We have acquired a general understanding that the legacy of protracted conflicts in the Middle East during the early 2000s, exacerbated by the global effects of the GreatRead more

The Next Decade in Risk: Financial and Economic Risks

The Next Decade in Risk: Financial and Economic Risks

While stock markets can rarely be predicted and economic recessions can hardly be timed, the financial and economic events, trends, and research which appeared in the last decade have still been informative in assembling a risk outlook for the ten years to come. Ten years ago, we were still in the grip of the GreatRead more

A look back at the 10th Anniversary Risk Summit

A look back at the 10th Anniversary Risk Summit

On 20-21 June, the Centre for Risk Studies hosted its annual Risk Summit, our flagship conference event bringing together experts from industry and academic to discuss risk from new perspectives. This year was a particularly special Summit, our tenth in as many years which also celebrated the tenth anniversary of the Centre’s founding in 2009.Read more

Innovation Risk: is 5G already a white elephant?

Innovation Risk: is 5G already a white elephant?

  The US’ allegations of cyber espionage by Chinese tech giant Huawei are still sending ripples through the news. While trade conditions continue to sour between the two nations, effecting supply-side prices, the conversation in Europe has drifted towards decisions to grant contracts to Huawei for the expansion of 5G infrastructure. With more than 40Read more

What do China’s sick pigs mean for British barbecues?

What do China’s sick pigs mean for British barbecues?

  The worst outbreak of African swine fever virus (ASFV) in fifty years is currently spreading in South East Asia. The disease, which first appeared in China’s Liaoning province in August 2018, threatens the region’s chief source of protein and China’s $128 billion pork industry, which provides 50% of the global supply. Compared with previousRead more

What does the escalating trade rivalry mean for business?

What does the escalating trade rivalry mean for business?

The bruising trade disputes between the largest two economies in the world – US and China are weighing heavily on global businesses. A dovish prospect of a trade deal has recently been reversed into a hawkish escalation towards an all-out trade war. Recently, President Trump announced tariff increase from 10% to 25% on $200 billionRead more

The Cyber Risk Outlook 2019: what’s on the horizon for cyber risk?

The Cyber Risk Outlook 2019: what’s on the horizon for cyber risk?

Today, the Cambridge Centre for Risk Studies launches its 2019 Cyber Risk Outlook in partnership with RMS. The 2019 Outlook is the product of a full year of research and conversation with experts, an insightful look at the current cyber risk landscape and an assessment those areas that pose the greatest threat to business withRead more

What do we mean when we talk about ‘emerging risks’?

What do we mean when we talk about ‘emerging risks’?

Under the Financial Reporting Council’s new UK Corporate Governance Code, which came into effect in January of this year, organisations are now required to complete a ‘robust assessment of the company’s emerging and principle risks, and an explanation of how these are being managed and mitigated.’ The new code reflects an understanding that modern corporatesRead more

US Government Shut Downs Impact Cyber Security

US Government Shut Downs Impact Cyber Security

by Jennifer Daffron and Kelly Quantrill Many US government employees are currently struggling with the ongoing effects of the US Government shutdown. Due to precedents set by previous government shutdowns, impacts such long lines at airports and national park closures were expected. However, several effects were not anticipated them, including slipping standards in food safety inspections andRead more

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