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Hazard & Event Risk:

– Per reports, China’s Ministry of Environmental Protection warned of severe air pollution in some regions of the country during current Lunar New Year period. The Lunar New Year celebrations, that began February 15 and last 15 days.
– The Nova Scotia Teachers Union (NSTU) announced that it would vote to strike tomorrow, February 20. The decision to strike was made following the release of a report written by a Nova Scotia government consultant recommending the removal of elected school boards from Nova Scotia’s public schools, as well as the exclusion of school administrators from the NSTU.
– Mexico’s Ministry of Interior issued an alert last week in seven states after a radioactive source was stolen from a car belonging to an engineering firm in Leon. Authorities, emergency crews, and civil protection units are looking for the device in Guanajuato – where the container was robbed, and the neighboring states of Michoacan, Queretaro, Jalisco, San Luis Potosi, Zacatecas, and Aguascalientes.

Technology & Information Risk:

– An information security consultant has discovered that ico.org.uk had been injected with Monero miners. Upon further investigation, the consultant, Scott Helme, discovered another 4,274 websites which had been infected. 
– Per a security warning published by Lenovo last week, two critical vulnerabilities connected to the Windows 10 LAN drivers for Broadcom chipsets installed in the computers could be used as exploits by attackers. The vulnerability affects Lenovo ThinkPad 25 laptops, a model series that is popular among businesses. 
– Critical infrastructure security firm Radiflow published that they have discovered a cryptocurrency mining malware which was taking advantage of the monitoring and control operating system of a water utility in Europe.

Operational & Physical Risk:

– Per reports last week from India, the Southern Region Bulk Liquefied Petroleum Gas Transport Owners Association began an indefinite strike on February 12.
– In the United States, according to U.S. Centers for Disease Control and Prevention (CDC) the latest tracking data trends indicate that influenza activity continues to escalate. Influenza-type illnesses have been elevated for about 11-20 weeks for the past five seasons, but current models show that going into week 11 flu activity is not weakening.
– Brazil’s President Michel Temer has confirmed the deployment of military forces along Roraima State on the border with Venezuela. According to Temer, the strengthening of border security will be to control the migratory flow of thousands of people who are trying to leave Venezuela due to the economic and social crisis.

Market & Economic Risk:

– On February 15, 2018, the Indian government announced that import duties would be raised; the raised duties would directly affect imports of parts for companies in the manufacturing and assembling sector, which includes automobiles, cameras, televisions, electric meters, and smartphones. 
– According to Canada’s January [2018] Jobs Report, despite having gained 49,000 full-time jobs for the month the country’s record loss of 137,000 part-time jobs left a net loss of 88,000 jobs for that month.
– On February 15, 2018, the Association of German Chambers of Commerce and Industry (Deutscher Industrie- und Handelskammertag, DIHK) expressed concerns that trade tariffs considered by the Trump administration could cause a trade war.


Week of February 19, 2018

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