1. The following threats pose serious financial consequences to companies if they are not properly managed. For each of these threats, describe the category of risk and Explain your answer
   1. Database and IT systems of a company are hacked
   2. In the aftermath of a hurricane, plants were destroyed
   3. Physical damage loss resulting in the firm being closed for a period of time
   4. Market Volatility
   5. Supply Chain Disruptions
   6. Regulatory Changes