Names from left to right: Dilana Rauch, Amelie Schwärzel, Sonja Rosenberg, Katharina Eberhardt

"The highest risk of our time lies in the fear of taking risk” as the Austrian sociologist Helmut Schoeck stated one key challenge of a modern risk society. Due to the increasing complexity and acceleration of decisions in a globally interconnected world risk management becomes an ever-important task for firms and governments. Recently, attention has been directed to the threat to Critical Infrastructure caused by climate catastrophes, business crime or terrorism. But also the “minor” risks, such as weather extremes, power blackouts of short duration, IT-disruptions or disrupted suppliers can seriously impact the “ordinary run of things” and the way how we wish to (or even must) take it for granted.