Analysis of causal dependencies
Causal Inference in OpRisk Management
Operational risks pose challenges for all companies. In particular, their high complexity and numerous causal dependencies make the management of these risks difficult.
While companies are already…
45th World Economic Forum
New Framework to Help Companies Calculate Risk of Cyberattacks
The world in 30 years
Robots Replacing People, Robots Serving People: Forecast for 2045
Lower losses from weather extremes and earthquakes
Review of natural catastrophes in 2014
Safety & Shipping Review 2021
Larger vessels, larger exposures
The international shipping industry continued its long-term positive safety trend over the past year but has to master Covid challenges, apply the learnings from the Ever Given Suez Canal incident and…
Cognitive neuroscience and risk
Risk Manager should not rely on heuristics or intuition
Caught in the risk perception trap
Worst-case scenarios are sold as apocalyptic truths
This article is about the fact that the assessment of potential scenarios is increasingly based on a dubious approach to uncertainty as well as an uncritical approach to information. Quite a few…