Revenue Risk
FSSAI for ban on sale on junk food sale in schools and within 50 meter of school campus
https://www.pressreader.com/india/the-times-of-india-mumbai-edition/20191106/281496458092326
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Cyber Security risk
Techie loses 3 lakhs in minutes as her card was used 56 times abroad
https://timesofindia.indiatimes.com/city/mumbai/card-info-used-56-times-abroad-techie-loses-rs-3-lakh-in-minutes/articleshow/71914913.cms
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Financial Risk
Discount Ā code glitch costly for Amazon, prime students deal gave new user Euro 5 off their first purchase with the code called āwelcome5 ā but they quickly got on to the fact that same code can be used multiple times. Soon the word spread like wild fire across UK campus and students began stockpiling.Ā
https://gadgets.ndtv.com/internet/news/amazon-discount-code-glitch-sees-students-cash-in-2123711
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Risk - Airlines may see fall in revenues for short duration flights
people are now choosing to travel by train rather than flights because of its impact on environrment and climate changes. Flight shame moment in Sweden in 2017 when a Swedish Singer announced his decision to stop flying since then it has spread across Europe
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Reputational Risk- Initiate Discussion
McDonaldās Apologies forĀ āSundae Bloody Sundaeā Ads
After launching a Halloween Promotion offering ice cream with the sloganĀ āSundae Bloody Sundaeā
(Source - ET dated 2-11-2019)
https://economictimes.indiatimes.com/topic/McDonalds
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Reputational Risk
McDonaldās Apologies forĀ āSundae Bloody Sundaeā Ads
After launching Halloween Promotion offering ice cream with the sloganĀ āSundae Bloody Sundaeā . The campaign was intended as a celebration and not as an insensitive reference to any historic event.
(Source - ET 02-11-2019)
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