The first half of 2023 brought a whirlwind of major risk events that will make history books. The collapse of Silicon Valley Bank. The rapid rise of ChatGPT. An open letter from Elon Musk and other technology leaders to halt AI advancements. Sam Altman’s surprising call for stricter AI oversight.

These disruptions and developments are reminders for companies everywhere that risks can show up with little warning, if any, and completely flip the world upside down overnight.