The proverbial ink was barely dry on Treasury & Risk's April cover story when Japan was struck by a devastating earthquake and killer tsunami. At press time, the country still faced a nuclear crisis, while reports multiplied of extensive disruption to multinationals' supply chains.
Black swans were swimming in unison--on top of continuing unrest in the Mideast, roiled by an international attack on Libya's lunatic leader, against a backdrop of enduring U.S. regulatory uncertainty. Not surprisingly, the last of the concerns on T&R's short list of top risks, cyber threats, surfaced as well at the end of March, when EMC revealed that its RSA Security Division's anti-hacking technology had been hacked. Senior contributing editor Russ Banham has more to say on the top five risks for the year, just three months old.