The COVID-19 pandemic has been called the biggest crisis of our lifetime. But it is not simply a crisis. Instead, we are in the midst of cascading waves of crises and risk events.
What began as a medical issue transformed into a macroeconomic emergency in a matter of days. It spawned waves of stock market turmoil, labor disputes, supply line disruptions, and massive unemployment. Then the upsurge in cybercrime began. One crisis often leads to another.
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