Unknown / Black Swan

The occurrence of a strong solar flare represents a significant Black Swan risk due to its potential to disrupt global communication networks, power grids, and satellite operations. Such events are unpredictable and can have cascading effects across multiple sectors, including technology, finance, and national security. The current solar activity, if it intensifies or is followed by more severe flares, could lead to widespread disruptions that traditional risk models may not fully anticipate. The interconnected nature of modern infrastructure means that even localized disruptions can have far-reaching global impacts.