Risk management is a part of our everyday personal and professional lives. We know to look both ways before crossing the street. We also know that we must diversify our investment portfolios to mitigate the impact of a stock market crash.
But, what about the less obvious risks?
The World Economic Forum is out with their list of 50 Global Risks 2012. It includes well-known ones: chronic fiscal imbalances, severe income disparity, rising greenhouse gas emissions, cyber attacks, terrorism, etc.
It also includes risks we don't think about everyday like cyber neotribalism, the militarization of space, and a volcanic winter.
What follows is a list of risks once believed only to exist in science fiction novels. They're also risks highlighted by 469 experts and industry leaders surveyed by the World Economic Forum.
Militarization of space
Targeting of commercial, civil and military space assets and related ground systems as core to defence strategy.
Source: World Economic Forum
Unintended consequences of nanotechnology
The manipulation of matter on an atomic and molecular level raises concerns on nanomaterial toxicity.
Source: World Economic Forum
Massive incident of data fraud or theft
Criminal or wrongful exploitation of private data on an unprecedented scale.
Source: World Economic Forum
See the rest of the story at Business Insider
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See Also:
- The Complete History Of US Real Estate Bubbles Since 1800
- EMERGING MARKETS: This Is What Will Happen In 2012
- GARY SHILLING: 2012 Is Going To Be Totally Crappy