by Peter j. Hughes, published by PRMIA in the July 2020 issue of “Intelligent Risk”
Banks and airlines have something in common: they both have the potential to transform an isolated and sometimes freak event into a global economic crisis. In fact, any industry whose business is dependent on globally interconnected networks, whether digital or physical, possesses this awesome potential.
[Read the full article below or download it as a PDF file from here]
About Peter Hughes
Peter is Chairman of the Risk Accounting Standards Board at RASB. He is also a visiting fellow and advisory board member of the Durham University Business School’s Centre for Banking, Institutions & Development (CBID). He was formerly a banker with JPMorgan Chase.