C – Level Risk Management

Greg Hutchins pixVolatility is going to be with us for a long while.

This means more risk.  The good news for us in operational and technology risk management is lots of work and consulting opportunities.  This is from a survey conducted recently by the Society of Actuaries.  So, here are a few more data points: Continue reading

Sustainable Risk Management

“Ag, food, and risk management” are the future of Cargill according to the President of Cargill, the global agricultural company.

Fortune Magazine brought environmentalists and corporate folks together at the Brainstorm Green Conference last week.  It was’t a love fest from these traditional adversaries, but there seemed to be a new understanding and even agreement about the reality of the future of the environment.

They’ve seen the future and it is risk based.  The planet now has 7 billion people and 3 more billion are expected within a few generations.  How are they going to be fed?

Huge question.  No easy answer.  However, it’s bringing the mega corporations and environmentalists together with a huge concern to find common solutions.   The environmental community calls the solution: ‘sustainable intensification.’  The corporate agricultural community has a huge challenge – how to double agricultural production with existing acreage.

With huge challenges, the solution is now risk based collaboration even with traditional adversaries.

For more information, visit the article:

http://tech.fortune.cnn.com/2012/04/18/greg-page-mark-tercek-transcript/

Cyber Intelligence Sharing and Protection Act (CISPA) passed in House

From http://www.digitaltrends.com/web/cispa-what-now/:
“What happened in the House

During hours of debate, the House approved 11 amendments to CISPA. You can see the full list here (2 through 12 were approved; 1, 13, and 14 were not). Of these, perhaps the most important amendment is the one proposed by Rep. Bob Goodlatte (R-VA), which limits the way information shared under CISPA to that which is “directly pertaining to” threats, vulnerabilities, or unauthorized access to a system or network. The Goodlatte amendment (pdf) also makes it explicitly clear that information pertaining to the violation of businesses’ Terms of Service do not qualify as “cyber threat intelligence” under CISPA, and thus may not be shared. Continue reading