Monday, January 30, 2012

Risk Perspectives: The Bigger Picture

Here's a perspective of global risk that juxtaposes cyber-attacks with other global challenges. Check out the set of charts on pages 4-6. This is the type of chart I like to use with students to help them see a bigger picture (perhaps somewhat of an extreme) and difference between the focus on organizational/enterprise risk and technology/IT risk. Many of the students I teach at SMU have IT backgrounds and may start my courses with tunnel vision for only IT concerns.

From the Executive Summary: 
"The World Economic Forum’s Global Risks 2012 report is based on a survey of 469 experts from industry, government, academia and civil society that examines 50 global risks across five categories. The report emphasizes the singular effect of a particular constellation of global risks rather than focusing on a single existential risk. Three distinct constellations of risks that present a very serious threat to our future prosperity and security emerged from a review of this year’s set of risks."