The concept of rogue waves arises from a mysterious and potentially calamitous phenomenon of oceanic surfaces. There is mounting evidence that they are actually commonplace in a variety of different physical settings. A set of defining criteria has been advanced; this set is of great generality and therefore applicable to a wide class of systems. The question arises naturally whether there are generic mechanisms responsible for extreme events in different systems. Here we argue that under suitable circumstances nonlinear interaction between weak and strong waves results in intermittent giant waves with all the signatures of rogue waves. To obtain these circumstances only a few basic conditions must be met. Then reflection of waves at the so-called group-velocity horizon occurs. The connection between rogue waves and event horizons, seemingly unrelated physical phenomena, is identified as a feature common in many different physical systems.