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  • Exploring the Unspoken
  • Trying to explain WannaCry Ransomware makes me want to cry
  • A Wake Up Call To The Risk Management Industry and Legal Community.
  • Convergence is an evolutionary process.
  • Icarus in Greek mythology has long symbolized mankind’s longing for the sky.
  • For many businesses, entering new markets is not an option.
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  • Suppose that you own a franchise business. Let us say that your franchise business offers Kansas City spareribs in ways that are truly unique. After many years of successfully operating your franchise business, you believe that time has come to introduce “Kansas City BBQ” abroad. You decide that Korea is an attractive market. Since you are cost-conscious, you might ask yourself the question: what would be the most aggressive franchise arrangement for introducing “Kansas City BBQ” to Korea that is both legally compliant and inexpensive?

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  • Wikipedia defines the incident like this: “The WannaCry ransomware attack was a worldwide cyberattack by the WannaCry ransomware cryptoworm, which targeted computers running the Microsoft Windows operating system by encrypting data and demanding ransom payments in the Bitcoin cryptocurrency. The attack started on Friday, 12 May 2017, and within a day was reported to have infected more than 230,000 computers in over 150 countries.”

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  • The recent global cyber-attack emphasizes the growing risk of cyber-attacks around the world and the issues facing the risk and resilience community. Not only do cyber-attacks threaten businesses and organizations on a daily basis but the addition of ransomware to the mix underlies the threats facing organizations, businesses and governments on a worldwide basis.

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  • Convergence is an evolutionary process where multiple different systems merge toward performing similar or overlapping functions. Multiple technologies may come to serve the same roles. Multiple machines or devices may come to fill the same uses. Multiple industries may come to offer the same value propositions, either with or without knowledge of overlapping ones offered by adjoining industries.

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  • Mankind finally accessed it thanks to the Wright brothers. Today the development of drones enables ordinary people with little or no expertise to access the skies.

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  • It is a market imperative for continued survival in our ultra-competitive world today. Unfortunately, establishing a foothold and thriving in new markets is easier said than done. Besides all of the increased risk we face when we do so, there are also some tough competitive realities we have to come to grips with. The following 25+1 principles outline some of the many concerns and some of the ways to address them.

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Convergence: The R.C Blog

Read more great posts on a variety of risk, security, and legal issues, written by R.C Community members from around the world.

Learn more about the Resilience Cloud Community

Nor more silos: Where the edges rub together, knowledge increases, great relationships are created, and opportunities abound.

 

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