Peter Chisambara's Blog (4)

The Basics of Cyber Risk Management

New technologies, increasing digitization and globalization are transforming customer behaviors, operations and business models, presenting huge opportunities for business success, at the same time driving up cyber incidents .As organizations embark on their digital transformation journeys, it is imperative that they also assess possible threats presented by these new technologies.

Traditionally, the focus for risk management has exclusively been on protecting value. However, in…

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Added by Peter Chisambara on July 4, 2017 at 9:30pm — 2 Comments

Identifying, Assessing and Managing Risks From an Enterprise Risk Management (ERM) Perspective

In his book, The Black Swan: The Impact of the Highly Improbable, Nassim Nicholas Taleb defines “Black Swans” as random and rare events that underlie our lives and business, are nearly impossible to predict and have a huge impact when they materialize.…

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Added by Peter Chisambara on March 14, 2014 at 12:03pm — No Comments

Improving Alignment Among Risk Management, Finance & Operations

In their book, Surviving And Thriving In Uncertainty: Creating The Risk Intelligent Enterprise, Funston and Wagner shed to light how a conventional approach to risk management has failed many businesses. In the book, the authors exhibit a situation where businesses have failed to identify the differences between conventional wisdom and unconventional realities when it comes to…

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Added by Peter Chisambara on February 2, 2013 at 5:00pm — No Comments

Creating a risk-focused organisation

The nature and type of risks facing the organisation:


One of the main challenges facing managers in today's constantly changing business environment is dealing with uncertainty and creating a risk-focused culture within their organisations. New technologies, new concepts (such as social media and web 2.0), and changing market dynamics are all presenting managers with both threats and…
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Added by Peter Chisambara on September 2, 2010 at 3:05pm — 4 Comments

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