Warning: set_time_limit(): Cannot set max execution time limit due to system policy in /customers/b/b/b/brandspurng.com/httpd.www/wp-config.php on line 92 1.47 billion people face flood risk worldwide: for over a third, it could be devastating - Brand Spur

1.47 billion people face flood risk worldwide: for over a third, it could be devastating

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Flooding is one of the most common and severe hazards disrupting people’s lives and livelihoods around the world. Flood often cause unmitigated damage and suffering, especially in lower-income countries where infrastructure systems – including drainage and flood protection – tend to be less developed.

While countries at all levels of development face flood risk, the vast majority of the world’s flood exposed people – 89% – live in low- and middle- income countries.  Critically, it is not only major, more infrequent floods but also smaller, frequent events that can reverse years of progress in poverty reduction and development.

Using the latest high-resolution flood hazard and population maps, as well as poverty estimates from the World Bank’s Global Monitoring Database of harmonized household surveys, we estimate that 1.47 billion people globally are directly exposed to the risk of intense flooding — over a third of them, almost 600 million, are poor.

1.47 billion people face flood risk worldwide for over a third it could be devastating Brandspurng
Our new study offers high-resolution risk maps of people’s flood exposure in any location in the world. Here: Flood risks in Colombo, Sri Lanka. Source: Google Earth; Rentschler & Salhab 2020

Here are three key findings:

1. Around the world, exposure to flood risk is substantial.

Some 2.2 billion people, or 29% of the world population, live in locations that are estimated to experience some level of inundation during a 1-in-100-year flood event.  Such an event has a 1% chance of occurring in any given year, which translates to a 10% probability in a decade, or 50% in a lifetime (68 years). About 1.47 billion people, or 19% of the world population, are directly exposed to inundation depths of over 0.15 meters. Furthermore, for over half of this exposed population, flooding could be even higher reaching life-threatening levels, especially for children and the disabled.

2.  Flood risk is global, but East Asia and South Asia could see the worst of it.

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Flood risk is a near-universal threat: populations are not safe in any of the 189 countries examined. Yet, the sheer number of people in harm’s way is particularly large in South and East Asia.  These regions are home to the majority of flood-exposed people, about 1.36 billion; with China (329 million) and India (225 million) alone accounting for over a third. This regional picture is explained by the fact that several large and densely populated areas are in high-risk flood zones, such as coastal areas or low-lying river plains (for instance along the Mekong, Brahmaputra, or Irrawaddy rivers).

Read Also:  Inflation moderates slightly, but floods may drive rebound

3. When flood exposure and poverty coincide the risk to livelihoods are most severe.

The most devastating long-term consequences of floods are often experienced by the poorest households – those who have next to no savings and limited access to support systems. By considering the dimension of poverty, it is possible identify where floods would cause prolonged adverse impacts on livelihoods and well-being.

By this measure, countries in sub-Saharan Africa face the greatest threat: We estimate that of the 171 million flood-exposed people in this region, at least 71 million people live in extreme poverty (i.e. living on less than $1.90 a day). Globally, 587 million poor people are exposed to flood risk, 132 million of which live in extreme poverty.

Poor people that are flood exposed (millions), by regions and poverty thresholds

1.47 billion people face flood risk worldwide for over a third it could be devastating Brandspurng1
Source: Rentschler, J., M. Salhab. 2020. People in Harm’s Way: Flood Exposure and Poverty in 189 Countries. Policy Research Working Paper. No. 9447. Washington DC: The World Bank

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Critically, the income level is a relatively reliable proxy for the ability of people to mitigate, cope with, and recover from floods. For instance, while a large share of the Dutch population lives in flood-risk areas, large-scale investments in flood protection infrastructure have enabled them to mitigate risks.

Similarly, flood-exposed populations in Canada or Japan are more likely to have access to rapid government support systems in post-disaster situations compared to people in Malawi or Bangladesh. Thus, strengthening disaster prevention and recovery capacity is most urgently needed in the hotspots where poverty and flood exposure coincide.

Evolving risks require urgent action

Flood risks are constantly evolving. There is evidence that the process of coastal urbanization is accelerating the increase in flood risk. With safe areas already occupied, new settlements and developments are occurring increasingly in high-risk areas. As spatial planning and infrastructure investments (such as drainage systems) struggle to keep up with the pace of urbanization, risks build up and are locked in.

In the coming years, land subsidence, rapid coastal urbanization and climate change could further increase flood risks.  Several high-risk countries, such as Vietnam or Fiji, are now adopting comprehensive action plans to balance these risks and opportunities in order to safeguard development prospects for future generations.

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1.47 billion people face flood risk worldwide: for over a third, it could be devastating - Brand Spur

Trend Micro Placed in 2021 Magic Quadrant for Endpoint Protection Platforms

Recognized for Completeness of Vision and Ability to Execute

 

HONG KONG SAR - Media OutReach - 13 May 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Endpoint Protection Platform for its offering, Trend Micro Apex One. The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute.


Trend Micro is continually innovating and anticipating emerging threats. Our flagship Apex One endpoint protection platform features broad coverage against today's most critical threats. Our customers are protected using a range of techniques including virtual patching, which immediately protects against exploits until the vendor patch is applied.


Read the full Magic Quadrant for Endpoint Protection Platform report at: https://resources.trendmicro.com/Gartner-Magic-Quadrant-Endpoints.html

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"The endpoint has become a key battleground as determined threat actors try to take advantage of the pandemic to target distributed workforces and vulnerable remote access infrastructure. But throughout this difficult period, we've been there for our customers," said Wendy Moore, vice president of product marketing for Trend Micro. "I'm delighted to see us recognized again for doing what we do best: Protecting global organizations through innovative, cloud-first and platform-based security. We will continue to focus on offering simple, robust and industry-leading protection through our cybersecurity platform."

At the heart of the company's cybersecurity platform is Trend Micro Vision One, which delivers visibility and XDR using telemetry from Apex One in addition to email, servers, cloud workloads and networks for faster detections and investigations.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

* Gartner disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk


#TrendMicro


1.47 billion people face flood risk worldwide: for over a third, it could be devastating - Brand Spur
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Latest News

Trend Micro Placed in 2021 Magic Quadrant for Endpoint Protection Platforms

Recognized for Completeness of Vision and Ability to Execute

 

HONG KONG SAR - Media OutReach - 13 May 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Endpoint Protection Platform for its offering, Trend Micro Apex One. The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute.


Trend Micro is continually innovating and anticipating emerging threats. Our flagship Apex One endpoint protection platform features broad coverage against today's most critical threats. Our customers are protected using a range of techniques including virtual patching, which immediately protects against exploits until the vendor patch is applied.


Read the full Magic Quadrant for Endpoint Protection Platform report at: https://resources.trendmicro.com/Gartner-Magic-Quadrant-Endpoints.html

"The endpoint has become a key battleground as determined threat actors try to take advantage of the pandemic to target distributed workforces and vulnerable remote access infrastructure. But throughout this difficult period, we've been there for our customers," said Wendy Moore, vice president of product marketing for Trend Micro. "I'm delighted to see us recognized again for doing what we do best: Protecting global organizations through innovative, cloud-first and platform-based security. We will continue to focus on offering simple, robust and industry-leading protection through our cybersecurity platform."

At the heart of the company's cybersecurity platform is Trend Micro Vision One, which delivers visibility and XDR using telemetry from Apex One in addition to email, servers, cloud workloads and networks for faster detections and investigations.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

* Gartner disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk


#TrendMicro


1.47 billion people face flood risk worldwide: for over a third, it could be devastating - Brand Spur
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