Zurich, 15. December 2009. The account data stolen from a Geneva branch of British bank HSBC has provided French tax authorities with tens of thousands of names, apparentely far more than previously reported. French national TV has also broadcasted an interview with the former employee at HSBC Private Bank who allegedly handed French tax authorities [...]

Zurich, 14. December 2009. The best practice Control Objectives for Information Technology (CobIT) 4.1, defines the main focuses of IT Governance. There is no order of importance but strategic alignement, value delivery, resource management, performance management and risk management, are all quintessential element of steering a modern IT department toward sustainability and profitability. Especially Risk [...]

Zurich, 8. december 2009. InformationWeek specialized IT Magazine reports the latest observations contained in the annual Cisco’s 2009 Annual Security Report. Bad passwords, inconsistent patching, excessive information sharing, and outdated antivirus software are key ingredients in what Cisco calls a security “nightmare formula.” Expect troubles ahead.

Zurich, 16. october 2009. Uncertainty is a key element of risk management and, yet so many definitions of this word exists, thus illustrating how frequently uncertainty can be misunderstood. Wikipedia definition of uncertainty is the following: “It applies to predictions of future events, to physical measurements already made, or to the unknown”. The standard ISO [...]

Zurich, 1. October 2009. The actual economic situation has further highlighted the importance of using not only risk management, but the need to have a sound guideline within the organisation for managing risks. MinimaRisk has embarked in a daunting task to categorize all the possible Risk Management standards. A first overview, entitled “Governance, Compliance and [...]

Zurich, 7. september 2009. MinimaRisk has published today the new training schedule for 2010. MinimaRisk offers a concise and yet highly skilled training portfolio on several aspects of operational and enterprise Risk Managament. Flagship of MinimaRisk training courses, are the courses Foundation and Practitioner on MinimaRisk tool itself. MinimaRisk offers also with its partners concise [...]

Geneva, 1. september 2009. Philippe Mialet has been appointed as per today, Chief Operation Officer for MinimaRisk activities outside Switzerland and devoted to the french speaking countries. Philippe joins MinimaRisk team, providing an highly fond expertise in operational risk management of activities in third-world countries. His know-how will be mostly useful in implementing and customizing [...]

Lausanne, 31.August 2009. One of the most important duties for modern audit and risk managers is to foster company-wide utilization of best practice business processes + internal controls. However in widespread organizations it remains difficult to find the appropriate internal control. MinimaRisk has integrated in its tool all the relavant and necessary internal controls of [...]

Zurich, 26. August 2009. The Australian/New Zealand Risk Management Standard provides a generic guide for managing enterprise risks. This Standard, probably the most referenced best practice and standard within Risk Management, may be applied to a very wide range of activities, decisions or operations of any public, private or community enterprise, group or individual. … [...]

Lausanne, 19.August 2009. In today economy and supply chain business orientation, an important part is taken by long-term contracts with partners and suppliers. However these contracts can pose relevant risks to your company.
That is why you need at first to identify, classify, quantify and analyze risks for existing O&M contracts. Most important is also to [...]