Stress Testing in a World of Compound Risks and Polycrises

Post author:Jordan Paik
Post published:July 17, 2023
Post category:Blog
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Stress testing has become a tool of choice in banking for risk managers and regulators alike, and it is used more widely as a way to assess resilience to severely adverse events. Yet even the most creative risk manager would have been challenged to design a scenario that would have adequately captured the plethora of shocks that manifested from early 2020 to the present (April 2023). We make use of the polycrisis concept to motivate a rethinking of stress test design.

The Cyber Defense Assistance: Imperative Lessons from Ukraine

Post author:Jordan Paik
Post published:February 12, 2023
Post category:Blog
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| Written By Gregory Rattray, Geoff Brown, and Robert Taj Moore | Russia’s further invasion of Ukraine in February 2022 was a watershed moment. Governments, citizens, and companies faced a choice—they could support Ukraine in its fight to defend its independence or they could sit back while Russia destroyed the post-war order that has stood since 1945. On an unprecedented scale, a major nation-state had engaged in coordinated, convergent digital and physical attacks in an effort to conquer a neighboring country.

CDAC Featured on “Click Here” Podcast Episode: “Rounding up a cyber posse for Ukraine”

Post author:Jordan Paik
Post published:November 18, 2022
Post category:Blog
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They call themselves the Cyber Defense Assistance Collaboration (CDAC), and it is the brainchild of Greg Rattray, a former chief information security officer at JP Morgan Chase. For months, he has been helping build a kind of public-private partnership to combat destructive cyberattacks. This is the first time he’s speaking in depth about the initiative publicly.