Skip to 0 minutes and 12 secondsThere had been financial crashes before.
Skip to 0 minutes and 20 secondsBut not like this. "Billions have been wiped off the London Stock Exchange as panic sets in among traders across the world..." "Experts are calling It the worst financial crisis since the Great Depression." They said our financial institutions were bomb-proof - until they were breached. (Japanese news reader) "Queues of people have been surrounding banks across Italy as customers withdraw their money in droves." "America will not rest until those responsible for this cyber attack are brought to justice." Governments called for calm, but few people listened. (Swedish news reader) "Crime levels have sought their highest since records began, with police chiefs admitting they're struggling to maintain law and order." How prepared are you to deal with scenarios and threats you've never faced before?
Skip to 1 minute and 25 secondsAnd what would the consequences be for you and your organisation if the systems by which society functions broke down? There's a myriad threats that our children may face in the future. Things such as water security, energy security, and food security are big-ticket issues. Added to that there are issues such as geopolitical stability. There are fragmentary states, and we're seeing issues such as the polarisation of politics. We're facing a significant number of other risks, such as the digitalisation of the economy, and the threats by hackers and those that would do harm at a national level to countries. One of the challenges that we're actually facing is the perception of risk.
Skip to 2 minutes and 9 secondsSome governments are slow or fast to react, some governments are making policy decisions that impact on other governments and organisations, such as the climate changes issue agenda. So we're seeing that there's not a unified perspective on what those potential risks might look like in the future. Think about how you'd cope if your ability to respond to a crisis was compromised by a failure in technology, and ask yourself how secure and resilient is your city and community in an emerging world?
The big question
Welcome to this Coventry University Online open course.
Watch the video that introduces this course, then take a moment to discuss the question that forms its central theme:
How secure and resilient is your city and community in an emerging world?
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