Peril or Hazard
Ransomware
Peril
Chisel stores and uses client data on their cloud to train ML models.
Cyber
Hurricane Sandy
Peril
The Keystone XL pipeline in Alberta.
Environmental
Reactor design flaw at Chernobyl
(Physical) Hazard
Petunia received her CPA designation and worked with Deloitte for 3 years. She decides to open her own tax advisory business.
Errors & Omissions
CO2 Emissions
Hazard
The Eglinton LRT
Builder's Risk and/or Wrap-Up
In 2001, Enron used “mark-to-market” accounting to fake their profits, made their losses seem less than they actually were, and “cooked the books” to make their income look much higher than it was.
(Moral) Hazard
The Mediterranean Shipping Company
Ocean Marine