October issue of StrategicRISK

Page 11

CYBER RISKS

Top five

rity

[ MOMENTOUS HACKS ]

1.

Contributing factors to food insecurity A low capacity to combat the effects of extreme weather events such as drought

2.

High rates of poverty

3.

12

13

14

15

16

17

18

19

20

Sudan

Central African Republic

Djibouti

Zimbabwe

Yemen

Sierra Leone

Mozambique

North Korea

Kenya

Failing infrastructures, which undermine both food production and emergency food distribution capacity

ex is the result of turmoil, which nd poor omic toll of the

30% of the population within he southern areas of Somalia are currently suffering rom acute malnutrition, with he rate exceeding 40% for children in some areas.

Conflict is also a major driver of food insecurity as it displaces people from their normal social networks and livelihoods. For example, the ongoing violence in eastern DR Congo is largely responsible for its precarious food security situation

4. 5.

Stuxnet (2010, industrial systems) Deemed to be the most sophisticated cyber weapon to date, it infected about 100,000 PLCs (‘programmable logic controllers’ or small computer devices used in industry), including those of an Iranian nuclear plant and a uranium enrichment facility. RSA (2011, key cryptography) It compromised the authentication system of RSA Security and attacked the security of the USA’s major defence contractors. Gary McKinnon (2002, US government and military) McKinnon, diagnosed with Asperger’s syndrome, hacked thousands of PCs within the US armed services, NASA and the Department of Defense. Lulzsec (2011, consumer data) Hit the networks of Nintendo, PBS and the FBI. IMF (2011, World Bank) In May, hackers forced the International Monetary Fund to cut its computer link to the World Bank.

OVERHEARD

India It is not just poor underdeveloped nations that are at risk. India, one of the world’s emerging powers, is ranked 51st by Maplecroft and is categorised as high risk. India remains blighted by poverty and stark income inequality. Food security within India has

25%

According to a 2011 World Food Programme report in India, approximately 25% of the world’s hungry poor live in the country.

been worsened by significant overpopulation, environmental degradation, political violence and endemic corruption. Many people with low incomes in the country remain food insecure as a result of increasing food prices.

43%

Around 43% of children in India under the age of five suffer from malnutrition.

Source: Maplecroft, data based on the key elements of food security as laid out by the UN’s Food and Agriculture Organisation (FAO).

“Soundbites” ‘Brazil is and will be more a country of opportunity for investors, reinsurers and the business community in general’ Antonio Fernandes President of Apogeris and head of risk management at MDS >> see News Analysis page 14

‘You have to develop strong communications to advance and to undertake new tasks. You must always advance while being vigilant at the same time’ Michel Dennery Deputy chief risk officer, GDF Suez >> see Viewpoints page 21

www.strategic-risk.eu [ OCTOBER 2011 ] StrategicRISK

9


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.