Anyone with a stake in the overall success of cloud computing should take a few minutes to read the recent NYT interview with Peter G. Neumann, a highly-respected computer security researcher who, now entering his 9th decade, continues to do ground breaking work on digital reliability. Commercial cloud computing creates new levels of urgency for [...]
Entries Tagged as 'complexity'
by Jay Heiser | November 28, 2012 | 1 Comment
by Jay Heiser | August 7, 2012 | Comments Off
The financial sector links otherwise weakly coupled economic sectors, particularly during economic declines. Such links increase economic risk and the extent of cascading failures. Our results suggest that firewalls between financial services for different sectors would reduce systemic risk without hampering economic growth. From “Networks of Economic Market Interdependence and Systemic Risk”, by Dion Harmon, [...]