The New York Times: What should your city do if it’s hit by ransomware
Dr Jennifer Daffron, Research Associate at the Centre for Risk Studies at Cambridge Judge Business School, comments about ransomware attacks in the New York Times. She explains that cities are now seen as low-hanging fruit by hackers because of “legacy…
The Risk Prize
Research paper on how Ethiopian Airlines managed expansion risks wins the Cambridge-McKinsey Risk Prize at the annual summit of the Centre for Risk Studies at Cambridge Judge Business School. Left to right: Mark Porter, Aly Verjee, Eugenie Regan, Professor Daniel…
Electrical risk
A new study on 'cyber-physical' attacks on London's electricity network examines the relationship between economic damage and the number of substations. In 2015, a "cyber-physical" attack (affecting sensors, computing and communications hardware/software) on the electricity distribution network in Ukraine led…
Held to ransom
A global ransomware cyber attack could cost nearly $200 billion and affect more than 600,000 businesses, says report by the Centre for Risk Studies at Cambridge Judge and other partners. A global ransomware cyber-attack could cost $193bn and affect more…
Reuters: Potential global cyber attack could cause $85 billion-$193 billion worth of damage
A global ransomware cyber-attack could cost $193 billionn and affect more than 600,000 businesses worldwide, says a new report produced by the Centre for Risk Studies at Cambridge Judge Business School and other partners. The report, entitled Bashe attack: Global…
Business Insurance: Potential global cyberattack losses could reach $193 billion
According to a new report, a coordinated global cyberattack spread through malicious email could cause up to $193 billion worth of damage. The report co-authored at the Centre for Risk Studies, Cambridge Judge Business School, includes a scenario in which…
Impact of cyber attacks continues to increase across the world: Global Risk Index 2019
The potential impact of cyber attacks on the economy of the world's largest cities has risen by nearly 9% in the last year, according to the 2019 update of the Global Risk Index from the Centre for Risk Studies at…
Energy Voice: Protecting the energy sector from cyberattacks
Cyberattacks on critical national infrastructure are ranked as a tier one threat to the UK, writes Tom Kellerman in Energy Voice. According to a report by the Centre for Risk Studies at Cambridge Judge Business School, the economic impact of…
Risky business (The Cambridge Judge Business Debate podcast series)
Companies and countries have always dealt with risks, but new threats such as cyber security are now changing the equation. How do you measure risk, what is the impact of recent events such as the Brexit vote, and what is…
Forbes: Coming soon to a city near you – $320 billion in economic losses
Man-made risks, such as market crash and cyber-attacks, now account for 60% of the total economic output at risk in major cities globally, says a report by the Centre for Risk Studies at Cambridge Judge Business School. The Lloyd’s City…