All of this must be done from a single point of control – with extra credit given if the single point of control isn’t also a potential single point of failure.

By diversifying away from the island of Taiwan, the risk of a single point of failure is reduced. 5. China isn't as much of a risk as you may believe ...

And it has invested $165 billion into the U.S. to expand its production footprint away from Taiwan, which helps reduce fears of a single point of failure.

If your only backup is on a single device, one that is also vulnerable to physical damage, then that device becomes a single point of failure. Lose access to it, and your backup is gone with it.

There are many other important topics, for instance the creation of a single point of entry to Europe for financial products. Today we have 27 points of entry.