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Risk Management News & Analysis

5 Questions Boards Should Ask About Risk Management

Risk management exists in a dynamic world and should have the agility required to address the changing demands of business. The insightful article "Five Questions Directors Should be Asking in 2014" gets to the point quickly and its few questions serve as a good guidepost.

Can Security and Compliance Coexist?

Both security and compliance are all about establishing (and implementing) standards that ensure an environment where company assets and data is accessed and utilized properly. So if you were asked, “Do you think security and compliance really coexist?” you’d most likely think it a dumb question and say, “Of course.”

But what if we challenge that notion a bit -- not so much to explore if they can coexist, but whether they do.

What's Riskier: Ignoring or Implementing Big Data?

Information security practitioners, risk professionals and executives might be blinded by the potential risks of implementing big data and thereby miss out on the value it can provide an organization. ISACA recently released a paper on Big Data which weighs the two sides and makes a clear decision which is the bigger risk.

The 'Dark Data' Dilemma: Finding the Elephants in the Room

darkdata.jpgEveryone is talking about big data. And, if you have ever watched Discovery Channel you probably know a little about dark matter and dark energy. But dark data? Is this just some new marketing buzzword, or is it a real problem?

Reflections on Strategic Risks: What's in a Name?

risk.jpgSurveys say people are paying more attention to so-called “strategic risk.” 

Reflections on IT Risk, Technology, Risk Management, Internal Audit

All the studies show an increasing pace of change in and around technology. It’s not just that we run the back-office with enterprise software, it is also invading the front office and the products and services offered by organizations around the world.

Accenture Reports Good News for Risk Management but Misses a Key Point

Accenture’s 2013 Global Risk Management Study starts with a great subtitle: “Risk management for an era of greater uncertainty.” I love this play on words: we live in uncertain times, and risk management is all about addressing the uncertainty between us and our objectives (as the esteemed Felix Kloman says, risk management helps us “pierce the fog of uncertainty”). 

Is Your Company Too Risk Averse About Big Data

It is easy for governance, risk and audit practitioners to worry about privacy and other risks to the extent that they become a negative influence on their company. Their fear can inhibit an organization from seizing the opportunities presented by what is called “Big Data”.

Social Media Analytics Can Help Reduce Legal Risks

Information Management, Social Media Analytics Can Help Reduce Legal RisksPractically any discussion of social media analytics revolves around marketing. This is unfortunate since it diminishes the impact social media analytics should be having in other parts of the company.

Could Brinqa, the Facebook For Data, Predict Trouble Long Before It Occurs?

Brinqa, information management, facebook for data, big data, risk managementForget, for a minute, the politics around surveillance whistle blower Edward Snowden and consider instead why the NSA didn't know that he might one day cause trouble for them. "The data points might have been there,” says Amad Fida, CEO of Brinqa, a Governance, Risk and Compliance (GRC) Platform, “but without context and correlation they might not have identified risk."

AvePoint Offers Upgraded SharePoint Data Protection with Compliance Guardian SP1

AvePoint Compliance Guardian, sharepoint, information management

Every business has Information security concerns. To ease those concerns however, AvePoint has released its Compliance Guardian Service Pack 1 (SP1), offering upgraded data protection and security.

Bracing for the E-Discovery Dangers of BYOD

E-Discovery Dangers of BYODIn today’s fast-paced business environment, companies are increasingly permitting their employees to use their own devices, such as smart phones and iPads, to perform business functions. Known as Bring Your Own Device (BYOD), this trend has revolutionized employee work habits. 

Qualifying a Director as a Risk Expert

Qualifying a Director as a Risk ExpertBoards have generally identified experience and insight into risk management as areas where they need to improve. As risk management is integral to any organization’s success, helping it to identify and address risks to the achievement of its objectives, regulators and others expect boards to beef up their ability to provide effective oversight.

 

The Path to Excellence for Internal Audit

If internal audit is to remain relevant, it needs to move beyond the services currently performed to provide assurance to the main stakeholders.

Outsourcing Security to the Cloud: As Safe as Burying Treasure Near a Pirate

Welcome! Yea, though a scurvy pirate or two has occasioned to dare set foot within our establishment, they were swiftly dealt with and ne’ery a one have been eyed since. Aaargh …’tis no safer place to bury yer treasure. Thar treasure chests are sturdy and their locks sure. We afford ye yer own shovel for buryin’ and the watchmen step lively to thwart the ne’er-do-wells. Would ye care for a copy of our SSAE-16? Did I mention that we’re PCI compliant?

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