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Hazard and Event Risks 

  • Last week, a shooting at a public school in Sao Paulo, Brazil resulted in at least eight deaths and several more injuries. 
  • At least 23 Yemeni civilians were killed last week in Hajjah's Kushar district, a region near the border with Saudi Arabia. 
  • A landslide in Indonesia caused by the heavy monsoon rains earlier this month took place at Kampung Pulu area, near the tourist town of Labuan Bajo, the capital town of West Manggarai regency.

Operational and Physical Risks

  • Recently, a severe power outage affected more than half of Venezuela; 18 out of 23 states did not have power.
  • Last week, thousands of people protested against Russia’s new internet legislation in Moscow and other cities while a political rally took place at Prospekt Sakharova street in the capital. 
  • The UK Met Office informed last week that Storm Gareth had struck England, Wales, regions of Ireland, and the southwest region of Scotland. 

Technology and Information Risks

  • The cyber-security company Cybereason issued a report last week on a new malicious campaign carried out in Japan, which uses Ursnif trojan to steal bank-related information. 
  • Citrix announced last week that they had found a data breach which compromised 6TB of their clients’ sensitive information.
  • Last week, WordPress developers announced the release of the 5.1.1 version after a RIPS Technologies GmbH researcher, a cybersecurity consultant, discovered a flaw in the Content Management Software.

Market and Economic Risks

  • As reported last week in China, recent studies have shown that the number of babies born in the country has dropped annually since 2016. 
  • Norway’s government announced recently their 1 trillion US dollar sovereign wealth fund, known as Government Pension Fund, will gradually phase out investing in exploration and production of oil and gas companies. 
  • The United States Environmental Protection Agency announced the recall of 863,000 Fiat Chrysler vehicles that violated the country’s emissions standards. 

March 18, 2019

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