Sep 29, 2011 2
Jul 8, 2011 0
OECD: Future Global Shock – Improving Risk Governance
In this project, public and private experts explore how to increase resilience to Future Global Shocks. The Project will generate options for governments to enhance capacity to identify, anticipate, control, contain and/or mitigate large disasters. It recognises that shocks can provide opportunities for progress, not just negative consequences. Amongst the inputs from which the final report will draw are six background papers and case studies on the following themes: Systemic Financial Risk; Pandemics; Cyber Risks; Geomagnetic Storms; Social Unrest and Anticipating Extreme Events.
Read the entire report: “OECD Reviews of Risk Management Policies: Future Global Shocks“, PDF.
Apr 3, 2011 1
The Perfect Storm and Black Swan Theory
The BP oil crisis in the Mexican gulf, deadly heat waves in Russia, earthquakes in Haiti (7.0 Mw) and Chile (8.8 Mw) and flooding in Australia caused almost 300.000 deaths from natural disasters in 2010 (1). A few months into 2011 New Zealand is hit by a 6.3 Mw earthquake followed by the Japan 9.0 Mw earthquake and the Fukushima nuclear disaster. The situation in Libya, Syria and many other Arabic and African countries adds uncertainty to global stability. The complexity of the situation demands a new approach to early warning systems for natural disasters and reduction of global systemic risk.
Continue reading “The Perfect Storm and Black Swan Theory” »
Jan 18, 2011 0
Reducing Systemic Cybersecurity Risk
The report “Reducing Systemic Cybersecurity Risk“ is part of OECD’s “Future Global Shocks” series, in which thinkers from various disciplines assess whether events in their fields might become as damaging to the world as the recent financial crisis or a global pandemic. Single online events, such as a major DDoS attack, are unlikely to have such worldwide effects, but the combination of something like a botnet DDoS attack, a major EMP, and specific attacks on SCADA or other computer-controlled machinery, and some form of real-world “kinetic” attack might well shock the world.
Via Ars Technica. Download the report (PDF) “Reducing Systemic Cybersecurity Risk” from OECD.


