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 … Continued
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 … Continued
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 … Continued
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 … Continued
Expired certificates to blame in O2 outage
by Jennifer Daffron and Kelly Quantrill The nearly 24-hour outage of the O2 4G network that affected O2’s 25 million customers has been traced to an expired certificate in a software used by their supplier Ericsson. What exactly does this … Continued
Supply chain disruption hits O2 network causing global outage
by Jennifer Daffron and Kelly Quantrill Across the UK, over 25 million customers of the O2 network, including people signed up to Tesco Mobile, Sky, Lycamobile and GiffGaff, are forced to rely on WiFi connectivity for access to the internet … Continued
Impact of cyber attacks continue to increase on a global level: Global Risk Index 2019
The 2019 Global Risk Index sees a further increase in the level of global risk, with expected loss increasing to 1.57% (or $577 bn) of global GDP, from 1.54% in the 2018 Global Risk Index. This rise has been driven … Continued
Mapping 500 trillion dollars of insured exposure
Cambridge Centre for Risk Studies (CCRS) has just completed a two year exercise documenting all the different types of insurance that are available in the market and a classification system for all the assets that they protect. This has been … Continued
Cambridge Global Risk Index 2018 sees 16% increased risk from geopolitical threats
by Daniel Ralph, Andrew Coburn, Jennifer Copic, Simon Ruffle, Michelle Tuveson The 2018 version of the Cambridge Global Risk index sees risk up, with expected loss increasing to 1.54% of the world’s 2018 GDP, compared to last year’s index of … Continued
Global Risks Report: making the global into local
The Global Risks Report, now in its 13th edition, has become the vehicle for an international discussion of risk linked to the Davos World Economic Forum (WEF) the following week. Its findings in 2018 are generally unsurprising. The overall picture … Continued