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FIRM Yearbook 2023

Risk management is becoming a key competence

How do we manage risks? In a time overshadowed by crises, the question of how to properly manage risks is omnipresent. Energy crisis, danger of a blackout, inflation risks, the great concern for…

Editorial team RiskNET
News

Scenario planning for uncertain times

Advanced Introduction to Scenario Planning

The crisis caused by COVID-19 challenged risk managers more than ever before. After all, in such a situation, it was necessary to prove whether the risk management systems in the companies and…

Editorial team RiskNET
News

Munich Security Report 2022

Turning the Tide – Unlearning Helplessness

A mounting tide of crises that reinforce each other threatens to overwhelm our societies and political systems. The Munich Security Report 2022 explores the emergence of a sense of "collective…

Editorial team RiskNET
News

FIRM yearbook 2020

From machine learning to risk culture

The digital revolution is advancing. Technological developments are rapid and are changing the way we get information and communicate. In the age of digitalisation, it's only right that the ninth…

RiskNET [Editor-in-chief]
News

Value-added risk mitigation

Digitalisation is transforming insurance

Digital transformation empowers consumers to be more informed and independent than ever before, and equips insurers with the tools to cater to customers' current and future needs. This leads to…

RiskNET [Editor-in-chief]
News

Central banking and financial stability in the age…

The green swan

Climate change poses new challenges to central banks, regulators and supervisors. A new book, published by the BIS (Bank for International Settlements), reviews ways of addressing these new risks…

RiskNET [Editor-in-chief]

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…

Editorial team RiskNET
News

Safer financial system

More capital = end of financial crises

The financial system now is safer than it was before the financial crisis in 2008 and that is almost entirely a result of better-capitalized banks, argued John Cochrane, Senior Fellow of Hoover…

RiskNET [Editor-in-chief]
News

Natural Catastrophe Preparedness

Master the Disaster

When natural disaster catches a company under-prepared, the chief financial officer is increasingly on the hot seat to break the bad financial news to shareholders and investors.

That according…

RiskNET [Editor-in-chief]
News

Singapore Fintech Festival 2018

The missed opportunity of digitization

It is hot and humid in Singapore's November and almost every afternoon the rain breaks its way. Then it almost seems as if the sky wants to cry. A visit to the "Singapore Fintech Festival 2018"…

Andreas Eicher [RiskNET]
News

Influence of 'risk talk'

RiskTalk: can a better conversation help fend off disaster?

We often respond to blunders such as the explosion on BP's Deepwater Horizon, the collapse of Lehman Brothers, and the Volkswagen emissions scandal by asking: What were they thinking? But before…

Anette Mikes
News

Country risk

Global sector risks in precarious balance

At the end of 2016, global sector trends remained mixed, including in the regions that until now have been relatively spared by the increase in risks. Over the whole year, across 12 sectors…

RiskNET [Editor-in-chief]
News

Financial Stability Board Publication

Total Loss-Absorbing Capacity standard

The Financial Stability Board (FSB) today issued the final Total Loss-Absorbing Capacity (TLAC) standard for global systemically important banks (G-SIBs).

The TLAC standard has been designed so…

RiskNET [Editor-in-chief]

Post-COVID-19

94% of CFOs change risk strategy

"If businesses can't grow and trade on a global scale, that only exacerbates the slowdown we’re seeing in the world economy," James Daly, president and CEO of Euler Hermes Americas said. "In just a…

Editorial team RiskNET
News

Turla Hiding in the Sky

Cyberespionage Group Exploits Satellites

Turla is a sophisticated cyberespionage group that has been active for more than 8 years. The attackers behind Turla have infected hundreds of computers in more than 45 countries including…

RiskNET [Editor-in-chief]
News

Review of natural catastrophes

ENSO oscillation and weather extremes

The review on the natural catastrophes for the first half of 2015 was characterised by the earthquake in Nepal and by the heatwave that affected India and Pakistan. Some 12,000 people fell victim…

RiskNET [Editor-in-chief]
News

Attackers Succeed With Speed and Precision

Threat landscape 2015

In today’s hyper-connected world, it is no longer a question of if you will be attacked — but when. Symantec’s (Nasdaq: SYMC) Internet Security Threat Report (ISTR), Volume 20, exposes a tactical…

RiskNET [Editor-in-chief]
News

Stealing Millions and Hungry for More

The Dyre Wolf Campaign

IBM Security has identified an active campaign using a variant of Dyre malware that has successfully stolen more than $1 million from targeted enterprise organizations. The campaign, named "The…

News

45th World Economic Forum

New Framework to Help Companies Calculate Risk of Cyberattacks

The World Economic Forum and its partners have developed a new way for organizations to calculate the impact of cyberthreats. The framework, called "cyber value-at-risk" comes at a time when…

RiskNET [Editor-in-chief]
News

45th World Economic Forum

A "Dangerous Mistake" to Ignore Uncertainty

Today’s global context is one of uncertainty, said Simonetta Sommaruga, President of the Swiss Confederation and Minister of Justice and Police. Uncertainty is prevalent in current conflicts and…

RiskNET [Editor-in-chief]

Natural disaster losses

Tropical cyclones dominate nat cat picture of 2019

820 natural catastrophes caused overall losses of US$ 150bn, which is broadly in line with the inflation-adjusted average of the past 30 years. A smaller portion of losses was insured compared with…

RiskNET [Editor-in-chief]
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