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Follow up to: “accidents’ consequences can lead to diverging societal impacts: where lies the difference?” and “Metaphoric description of risks and their perception”


in follow up of Identical single accidents’ consequences can lead to diverging societal impacts and the Metaphoric description of risks and their perception. Nuclear Reactors: Accident c1: Class 5+ accidents (Fukushima, Tschernobyl, Kyshtym disaster, Windscale fire, Three Mile Island accident, First Chalk River accident,  and Lucens partial core meltdown) were likely to be interpreted as Sword of Damocles metaphor, but would likely be Medusa now. Accident c2: Nuclear Waste storage can be easily considered to belong to the Pandora interpretation, evolving into Cassandra (presently),…

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Risk Management Functions Audit


Would you like to rationalize the sizing of insurance coverages? Would you like to understand extant inter­dependencies within and outside your system? Would you like to receive a unique management road­map with a unified approach to 360°­risks, including environmental, reputational and cyber risks spanning over your entire system? Risk Management Functions Audit The replies to those questions should be the direct result of your risk assessments. However, if your risk assessments are not explicit, up­datable and transparent, they could lead to liabilities that…

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How Business are Adopting Encryption in their Security


Riskope thanks Cherie Graham for this piece. It doesn’t matter when you read this article because when you do, there will be another big data breach in the news. For the last several years they’ve been everywhere, spanning from stolen credit card numbers from Target to the recent hack at JP Morgan, leaking personal info on more than 76 million customers. Data breaches affect millions on both personal and enterprise level. Encrypted text messages and iCloud security are in the news…

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Hazmat trains travel across the country since railroads exist….


In follow-up of this post. Accident b1) Each year various accidents occur, limited casualties occur, they are reported in local to national media, as “minor” accidents, such as the CN train hauling dangerous goods derails near Clair, Saskatchewan or the two Union Pacific locomotives hitting head on, in Hoxie, Arkansas. Accident b2) One major, catastrophic accident occurs, a vivid one with “unthinkable” consequences (Lac Megantic, for example) Societally “minor” accidents neither trigger policies changes nor major inquiries by third parties even if…

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Identical single accidents’ consequences can lead to diverging societal impacts: where lies the difference?


Let’s discuss, as we mentioned in the prior post, different accident types, with identical or very similar single-accident direct consequences, but very different global impacts, which may generate surprisingly different public reactions. The discussion will include the classification of the “German” metaphors. Incidentally, we have found one non German document entitled “Blackett Review of High Impact Low Probability Risks ”, by the U.K. Government Office for Science, that refers to the German metaphors and have noticed that over time the…

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First level mitigation of some personal and business cyber-risks.


Riskope thanks Paige Calahan for this contribution It is amazing to see that so many private users, small business, but sometimes even sizeable companies are far behind in basic mitigation of cyber-risks. As a business owner, you’ve put in a considerable amount of proverbial blood, sweat and tears to launch your operations. Now that your business is up and running and doing well, the last thing you want is for some sort of privacy leak or other online issue to…

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“Rischi” d’impresa e fuga dei talenti


Riskope ringrazia Federico Fontolan per questo interessante contributo. Osservando il Risk Management Survey 2013 redatto da Aon sulla base dei risultati di un’indagine effettuata tra 1415 società in 70 paesi, possiamo notare come nella top ten dei “rischi d’impresa” figurino “rischi” quali la crisi economica, l’incertezza politica e, con grande rilievo perché al quinto posto assoluto, il “rischio” di perdere o non saper trattenere i talenti.  La fotografia che ne deriva è molto interessante perchè sintomatica dell’evoluzione che ha avuto…

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