ChatGPT, whether you like it or not, is an AI-powered tool that has already moved from science-fiction to real-world application at a very rapid pace. It is one of the many AI tools we use daily, like Siri or Google Assistant, where its conversational fluency helps bring digital powers to everyday users. Continue reading
With the popularity of ChatGPT, I asked the artificial intelligence chatbot to compare Risk Management 1.0, 2.0 and 3.0. It says that risk management has evolved from a reactive and risk-centric approach (1.0) to a more proactive, integrated, and opportunity-focused approach (2.0) and further to a holistic, ecosystem-oriented, and adaptive approach (3.0). What a nice way to summarise the journey we have had so far. Continue reading
The Security in Depth’s 2023 State of Cyber Security research project, which surveyed over 3,800 individuals, found a whopping 99% claimed they could identify a phishing attack.
What is of concern is 46% of them have clicked on a link they shouldn’t have in the last 12 months! Continue reading
When it comes to reporting organisational performance, risks, and compliance, especially in an integrated manner, we have become lazy or opportunistic.
A risk manager once told me how she has put together three arch lever folders of documentation for the upcoming Board meeting in her organisation. And she was so proud of her achievements!
Three things crossed my mind when she said that. Continue reading
There are several risk management solutions that organisations can implement to strengthen their organisational culture to create a positive ‘risk culture’ outcome.
These organisational practices include: