Steven Minsky's Blog – August 2015 Archive (5)

How to Uncover Risk with Enterprise Risk Management

During a Department of Defense News briefing in 2002, Donald Rumsfeld encouraged his team to consider their blind spots when making decisions.

To simplify Rumsfeld’s categorizations of knowledge, if a person is able to ask themselves a question, and then answer it, that’s a “known known.” Alternatively, if they can ask the question, but don’t have the answer,…

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Added by Steven Minsky on August 28, 2015 at 4:33pm — No Comments

ERM Report: the EPA Spill & Better Risk Assessments

Last week, a "mistake" by the Environmental Protection Agency (EPA) caused "millions of gallons of pollutants" to overpower the Animas River in Colorado. The EPA, responsible for maintaining and protecting the environment, in fact did just the opposite.…

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Added by Steven Minsky on August 25, 2015 at 8:30pm — No Comments

New Technology Brings New Risks

Our society runs on technology. We all rely on smart phones, laptops, and iPads and other tablets, all of which are linked to one another via the internet and a multiplicity of software programs. Technology is embedded in our credit cards, cars, and alarm systems. Our vendors are co-located in our work environments virtually and physically.

Increased…

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Added by Steven Minsky on August 21, 2015 at 6:00pm — No Comments

Healthcare Organizations are Falling Behind, and ERM is the Solution

Healthcare organizations manage an almost unimaginable amount of sensitive data, and industry experts say they aren’t doing enough to protect it.

For their 2015 Vendor Risk Management Benchmark Study, The Shared Assessments Program…

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Added by Steven Minsky on August 11, 2015 at 6:30pm — No Comments

Cybersecurity Attacks: Are you at Risk?

An in-depth investigation by the non-profit analysis organization RAND reveals that hackers and their attacks are maturing at a much more rapid pace than organizations’ cybersecurity programs. Hackers now regularly and successfully plan sophisticated attacks to gain valuable information from large, well established organizations. …

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Added by Steven Minsky on August 4, 2015 at 6:00pm — No Comments

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