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Hazard and Event Risks 

  • Violent clashes between the police and demonstrators were reported last week in the Tsuen Wan district of Hong Kong.
  • Last week in Japan, local authorities issued flood and mudslide warnings due to the torrential rains on Kyushu island. 
  • Also in Hong Kong last week, it was reported that around 8,000-10,000 troops and a naval vessel of the Chinese People’s Liberation Army were deployed to its Hong Kong Garrison. 

Operational and Physical Risks

  •  In Australia, around 150 people rallied at Brisbane last week against the new laws proposed by the Queensland Labor government which give the police greater search powers when targeting climate protesters. 
  • In Spain, emergency services cleaned roads, tunnels, and buildings after severe rain and hail prompted significant flooding in the region in and around Madrid last week. 
  • Last week in the UK, the Heathrow Pause group announced plans to disrupt flights on September 13, by flying drones at Heathrow Airport’s restricted zone. 

Technology and Information Risks

  • As reported last week, an allegedly North Korean state-sponsored cyber-espionage group called Kimsuky or Velvet Chollima targeted retired diplomats and military officials from South Korea for the first time. 
  • Enterprise networks are at risk after hacker groups started exploiting an RCE backdoor vulnerability that allows the hackers to take full control of the attacked systems, as reported last week. 
  • As reported last week, security researchers discovered there is a new Advanced Persistent Threat group called New Lyceum or Hexane, which tends to target the companies related with the energy sector. 

Market and Economic Risks

  • Last week, Japan followed through on previous threats to formally remove South Korea from its list of trusted trading partners. 
  • In the UK, LaborParty leader, Jeremy Corbyn held a meeting with members of the ScottishNational Party, Liberal Democrats, Green Party, Plaid Cymru, and the Independent Group for Change, where they agreed to start legislation procedures to avoid no-deal Brexit scenario. 
  • the Oklahoma trial in which that state’s attorney general prosecuted health care and pharmaceutical giant Johnson & Johnson for the contribution of its subsidiary Janssen Pharmaceutica to the opioid crisis, the judge ruled against J&J and ordered it to pay $600 million US  in restitution. 

September 2, 2019

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