The third book in the Global Risk Series is dedicated to IT and Cyber Risks.
Rapidly changing and advanced technologies are making it increasingly difficult for companies and governments to manage and secure confidential data.


According to the 2014 Global Risk report compiled by the World Economic forum, the technological risks of cyber attacks, data fraud/theft and critical information infrastructure breakdown are strongly connected to each other and to risks such as terrorist attacks and global governance failure.


Fresh thinking at all levels on how to preserve, protect and govern the common good of a trusted cyberspace must be developed.

Learn from some top experts in the industry as they explain major IT and Cyber security issues and ways how to address them. Check out their tips and use the links at the end of each article to navigate back to the website to leave your comment or ask a question.

8028396075?profile=original

Some of the topics include:

Is Cybersecurity an Inside Job?

Security issues of Cloud Computing

Can a computer virus make you ill? 
Security Risks of Web 2.0

Phishing Scams 

Web-based Malware, exploits and other attacks 
Data Breaches and Data Leak

and many more


Special thanks go to members who contributed to this report: Larry Karisny, Michael C. Thomsett, Biji Scaria, Steven Minsky, Rebecca Beard, Edwin Etadafe, Norbert Boon, Lesego, Jacques LeDisco, Sebastien Jaouen.

 

Please let us know what you think by placing your comments in the comments field below and share this article with your friends and colleagues using the Share buttons below.

 

The first book in the series: Risk Management How To's 

The second book in the series: Risk, Regulation and Compliance

You need to be a member of Global Risk Community to add comments!

Join Global Risk Community

Votes: 0
Email me when people reply –

Introducing the Global Risk Series - Book 1 Risk Management How Tos

Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question.   Some of the topics include: How do you Explain Risk Appetite?  How to Prepare a…

Read more…
16 Replies · Reply by GlobalRiskCommunity Mar 21
Views: 1106

[Free COVID-19 Framework] What's the path to recovery look like?

We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…

Read more…
4 Replies · Reply by Steve Diaz Jul 8, 2023
Views: 236

If risk management is about decision making, are current risk management solutions irrelevant?

Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…

Read more…
3 Replies
Views: 163

A question related to classification of instruments between trading and banking book.

We have an interesting question from one of our members.       "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…

Read more…
5 Replies · Reply by Prisha Singh Dec 26, 2023
Views: 372

Plunging oil prices: curse or blessing in disguise?

The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…

Read more…
1 Reply
Views: 106

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead