Risk

Four lines of risk management defence…

The Bank for International Settlements, sometimes known as Basel Committee, have just released an Occasional Paper (source: https://www.bis.org/fsi/fsipapers11.htm) on "The 4 lines of defence model for financial institutions". If you don't know BIS or Basel,...

Three Lines of Defence

The three lines of defence (defense) model has found its place in many organisations across the globe. The key question is do we understand what it means and does it deliver results? Over the past...

Social Media and Risk Management

Social media and risk management are not typically connected in discussion. In actual fact, there are many risk professionals whom would see social media as a "waste of time" or "distracting people from their jobs"....

The Immune System is Risk

The immune system is risk. Over the course of the last 3 years we have been exploring the innovation of risk from the perspective of moving risk management away from a traditional focus of frameworks...

Top resources for digital research

Performing digital research is critical for the innovative risk professional. When we consider the innovation of risk, we are continually looking at every possible avenue to advance risk management in its practices through scanning the...

Risk Impact Spectrum

Risk impacts must include consideration of the risk impact spectrum. The current floods occurring in North Eastern Australia are a natural disaster, which is hard to predict and even harder to control.  However these events...

Virtual coincides with physical

We are now seeing the world wide change in virtual interactions, but rather than replacing the physical it coincides.

Find those black swans, because they may find you first

We all need to find our black swans because they may find you first. The theory of the black swan dates back to 16th century London as a statement of impossibility.  Back in the 16th...

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