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Test Your Knowledge
Test Your Knowledge
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1
What was the top supply chain disruption in 2015?
Panama Canal congestion
Extreme winter weather in the USA
Tianjin Port explosion (China)
Flooding in Chennai, India
2
What is the main cause of economic loss after a cyber incident?
Business interruption
Liability claims
Reputational loss
Human resources
3
Which of the following resulted in the largest insured loss prior to 2017?
March 2011 Japan Earthquake/Tsunami
Hurricane Sandy US, Canada, Caribbean (Oct 2012)
9/11 Attacks on the World Trade Centre (US)
Hurricane Katrina US, Gulf of Mexico (August 2005)
4
In 2017 Target data breach affected 70m customers. What were the estimated direct costs of this attack?
$290,000
$2.9 million
$29 million
$290 million
5
Following COVID, what was the top action taken in 2021 to increase supply chain resiliency?
Expanding back-up production sites
Nearshoring production
Dual sourcing of raw materials
Increasing inventory of critical products
6
What was the top global business risk identified by risk management experts for 2025?
Business/Supply chain disruptions
Macroeconomic developments (i.e. inflation)
Cybercrime
Political risks/violence
7
What was the estimated cost of the Maersk cyber attack?
$30 million
$300 million
$3 million
$3 billion
8
Year to year, how much has weekly merchant traffic through the Suez Canal dropped in 2024? (Third Quarter Data - IMF)
31-50%
>50%
<10%
10-30%
9
What was the estimated economic cost to the European economy of the Eyjafjallajokull eruption?
$10 billion (US)
$1 billion (US)
$5 billion (US)
$1 million (US)
10
What is the top predicted risk to supply chains in 2025? (Everstream)
Geopolitical Instability
Extreme Weather
Critical Resource Shortages
Cybercrime
11
What was the death toll from the heatwaves in Europe in 2022?
5,000
10,000
<2,000
20,000
12
As of March 19/22, how many deaths due to COVID-19 had Canada reported?
141,085
37,208
998,502
114,221
13
Which of the following business risks is most likely to have a documented response plan?
Workplace violence
Labour unrest (strikes)
Political or social unrest
Data/information tampering
14
After the 9/11 attack, when did the US Financial Markets reopen?
September 20
September 17
September 12
September 30
15
The estimated economic loss from an ice storm in Ontario, Quebec, and New Brunswick (Canada) in March 2016 is
$1 million (US)
>$100 million (US)
$10 million (US)
$50 million (US)
16
How long were United Kingdom flights grounded for after the eruption of Eyjafjallajokull?
14 days
3 days
5 days
1 day
17
Which of the following has caused the most deaths in Europe from 1998 to 2009?
Earthquakes
Floods
Heat Waves
Industrial accidents
18
Which of the following was the costliest insurance loss from natural catastrophes in 2024?
Flash Foods - Spain October 2024
Noto Peninsula Earthquake - Japan - January 2024
Hurricane Helene - USA - September 2024
Typhoon Yagi - Philippines, South China, Vietnam - September 2024
19
What is the current estimated economic impact of COVID-19 on the global economy? (2 year forecast - United Nations)
$85 billion (US dollars)
$8.5 trillion (US dollars)
$85 million (US dollars)
$8.5 billion (US dollars)
20
Which of the following events claimed the most victims in 2024?
Flash Floods - Spain
Typhoon Yagi - Philippines, South China, Vietnam
Noto Peninsula Earthquake - Japan
Hurricane Helene - USA
21
In Europe, which sector was hit the hardest (economically) from COVID-19?
Electronics Sector
Education Sector
Construction Sector
Digital Sector
22
What was the costliest natural disaster in Canada in 2024?
Hurricane Debby - Quebec
Calgary Hailstorms - August - Alberta
Jasper Wildfire - July - Alberta
Toronto Flooding - July - Ontario
