Geneva, 11.1.2010. During our consulting activities at MinimaRisk we have frequently being asked if it is possible to calculate accurately the likelihood of disasters, therefore to develop a proactive early warning signal that would at some degree forecast an imminent catastrophic event. Unfortunately the reality proves us that forecasting accurately a disaster can’t exist. For [...]
Black Swan and likelihood of disasters
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Deming and Information Security Risk Management Process
Posted by admin | Filed under Operational Risks
Lausanne, 8.1.2010. It is undisputed that the effectiveness of a risk treatment depends on how the specific risk assessment has been conducted. Being the goal of the risk treatment to have the lowest possible value on the residual risk, it is extremely important to be able to implement a fully functional “Information Security Risk Management [...]
Today Compliance Jungle
Posted by admin | Filed under Operational Risks
Zurich, 7.1.2010. It is becoming increasingly difficult to find a whay out of the modern compliance jungle. Since the recent economic collapse, we are facing a revival of compliance, in a much more pervasive level to what we were used with precendent crisis such as Enron, Worldcom or the most recent italian Parmalat affair. By [...]
The importance of standards in tenders
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Paris, 6.1.2010. In today economy it increasingly important to stress the importance of a thorough tender evaluation very succinctly. It is a fact that it is a false economy to accept underpriced or under resourced bid. A solution to that is to leverage the importance of standards as a best practice of the firm bidding [...]
An information risk on the example of Jasper Schuringa and Wikipedia
Posted by admin | Filed under Anticipatory Management, Operational Risks
Zurich, 28.12.2009. This Christmas highlighted the brave intervention of passenger Jasper Schuringa while flying on flight Northwest Airlines 253. Schuringas intervention, among many others passengers, helped to stop a likely terrorist attack on this flight. A crystal clear act that helped to save the life of many other passengers. Nevertheless Schuringas act also highlights an [...]
Risk IT by ISACA, here we go with another standard !
Posted by admin | Filed under IT Governance, Operational Risks
Zurich, 23. december 2009. Global IT governance organisation ISACA has just launched a best practice framework to provide a further link between enterprise risk and IT risk management. “Risk IT” builds on COBIT 4.1 and is aimed at helping companies identify and manage IT-related business risks. The focus of “Risk IT” is essentially on the [...]
Biggest hurdles in contemporary Risk Management?
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Geneva, 22. december 2009. Finally just in time for the end of 2009, the newest standard in Risk Management, ISO 31000:2009 has just been released. ISO 31000 helps organizations drafting a much better and comprehensive risk management. The familiarity of this standard with its Australian/New Zealand counterpart, the widely known AS/NZS 4360:2004 is evident. ISO [...]
Cours Exclusif sur CobIT à Paris
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Paris 21.12.2009. En cette fin d’année 2009, MinimaRisk France vient de terminer le contrôle qualité d’un séminaire exclusif planifié en 2010 à Paris. Ce cours de trois jours prépare les Participants à la meilleure pratique de CobIT. Ce cours inclut notamment les concepts de « Val-IT » et « Assurance Guide », et aborde les [...]
Exponential rise of ISO 27005
Posted by admin | Filed under IT Governance
Zurich, 20. December 2009. MinimaRisk research division watches the overall increase of interest of the new IT Risk Management spinoff standard of ISO 27001, that is ISO 27005 Risk Management.
ISO 27005 IT Risk Management provides guidelines for information security risk management. It supports the general concepts specified in ISO/IEC 27001 and it is designed [...]
(Français) Gouvernance et Audit en 2010 toujours un risque
Posted by admin | Filed under Operational Risks
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