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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…

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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…

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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…

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Vice: The $1 trillion storm: How a single hurricane could rupture the world economy

A report by the Centre for Risk Studies (CRS) looking at the impact of natural catastrophes on financial markets is featured in the article. Oliver Carpenter, Research Assistant at CRS, said that losses from natural disasters like hurricanes are usually…

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Long-term economic outlook and equity prices

by Dr Adelphe Ekponon, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Adelphe Ekponon The very first asset pricing models (also called Capital Asset Pricing Models or CAPM) have postulated that the only risk…

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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…

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Business Weekly: Seven Cambridge companies in UK gazelles hot 100 list

Equity crowdfunder SyndicateRoom have created a list of Britain’s fastest-growing companies. The Top 100 list highlights some Cambridge-based companies, including two startups connected to Cambridge Judge Business School. Healx, which researches the use of existing medicines to cure rare diseases,…

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Traditional risk management concerns prevail in global corporations

Traditional financial and operational performance top global risk management concerns over the next 12 months, while much-publicised issues such as environment, tax and diversity lag well behind. Traditional benchmarks such as financial and operational performance top the concerns of senior…

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Insurance Times: Cytora to expand with sights on US market

Cytora, a startup whose software collects and analyses a huge amount of online data to perform real-time political risk analysis, is planning to expand to the U.S. Co-founder Richard Hartley talked to Insurance Times about the idea behind Cytora and…

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Insurance Business Management: “A standardised view of risk is necessary”

The Centre for Risk Studies at Cambridge Judge Business School partnered with risk modelling and analytics firm RMS to launch an open-source data definitions document for 14 different classes of insurance exposure including casualty, agriculture, trade credit and surety. The…

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