The December 2017 Verizon Data Breach Digest focused on the use of cloud services and is worth a read. The Digest identified key issues that you should be aware of:

• Location of Systems and Data – If you need to access your cloud assets do you know where it is? Know that there are different rules governing cyber facilities in different jurisdictions which may, or may not, be a concern.
• Physical Access – If you need access to your data and services will it be allowed and facilitated?
• Forensic access

Join Global Risk Community for a webinar on How To Identify And Measure Your Strategy Execution Risk

What sank the Titanic and is sinking some of our great companies? What will separate future winners from losers?

50% of the Fortune 500 companies in the year 2000 do not longer exist because they were not able to measure and predict their strategy execution risk and link their decisions to the results of their decisions.

By the end of the webinar you will be in a better position to identify the ri

Steve, one of my clients, sent me this article from the Harvard Business Review Overcome Resistance to Change with Two Conversations. I liked the article for two reasons. One because it talks about conversations and I am nearly finished writing a new book called Winning Conversations: How to Engage (Even around Risk or Bad News) - watch this space. And the second because it talks about resistors, or as I referred to them in the subject line, poo poo-ers.

The resistors got my attention because so

Find more videos like this on GlobalRisk community

The business of petrol pump operations is long term in nature. It involves significant capital expenditure and license agreements. While the revenue earnings look attractive to most people, the owners of such businesses know that their operating expenditure (OPEX) is also huge.

Fuel retailers do need a steady supply of working capital to maintain the viability of their business in the industry. They must invest suitably in logistics, warehousing and restock fuel whenever the international market

Do you have employees who bring mobile phones to work and use those devices on the corporate network? Do they store company data on these “Bring Your Own Devices (BYOD)”?? Does your company have a policy in place for this?

First, the moment a person brings in their personal phone to work, there is a fusion of personal and business tasks that occur. And, equally as bad, company issued devices are used for personal use as much, if not more than the employees own devices. Not sure you believe this?

Today, we have an interview with Sufyan Khan. Sufyan Khan is our member and the Regional Product Manager of IFRS 9 and Tax from AxiomSL. Sufyan has more than 14 years of experience in the area of sales, client service, business development and product management. Over the past 7 years, he has helped clients to make informed decisions in the area of trading and best practices across enterprise-wide risk management.

As of 1st January 2018, institutions will need to comply with the new IFRS 9 st

2017 presented a whirlwind of corporate scandals: United Airlines, Wells Fargo, Facebook, Uber, Chipotle, Equifax, WannaCry…the list goes on and on. Many of these companies suffered second and even third scandals when they failed to learn their lesson from the first.

But for every company that’s suffered a failure in risk management, I believe there’s a company that’s looking over these headlines and doing everything they can to prevent a scandal of their own, for there are many lessons to be lea

If God Does Not Enforce "Intellectual Property" Then Why Should We?

By:

Enrique Suarez

http://www.wix.com/suarezenrique/delta

suarezenrique@yahoo.com

What is Intellectual Property?

Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent o

“With the Administration’s emphasis on the Reforming Government Executive Order and the OMB Memorandum issued in early 2017, the upcoming 2018 conference will explore how agencies can move from “ proposed reform” to “implementing reform”. Hear from experts both in and outside government regarding approaches to ensure success and overcome challenges.” David Mader Former Controller The White House Office of Management & Budget

Preparing for Government Reform

The Executive Order has been issued to re

New Free Video: How to Get Started with Lean

The first video in Gemba Academy’s new Gemba Talk series is "How to Get Started with Lean."

Watch it here:

This series will answer the most common questions we receive, and will remain free and won’t require registration. To ask a question, or view the second video (How Much Does a Lean Journey Cost?), go here

Thinking about enterprise-wide lean training in 2018?

Gemba Academy offers very flexible enterprise training programs so all of your sites can learn

You might be shocked to know that when Social Security numbers were first given in the 1930s, the intention was never to use them as a form of identification. However, most of us use our Social Security numbers all of the time, from doing transactions at the bank to visiting our doctor’s office.

You need your SSN to apply for jobs, to open credit cards, and even to marry the love of your life. Since we use this number of often, what happens if you lose your card, it gets stolen or it’s leaked in

Salesforce: Is The Market Turning Negative On Salesforce? Are there any leading indicators, risk alerts and developing trends?

Are sales increasing at a faster rate than value creation? Is the value generated by the sales of the SIMMETHOD Best In Class increasing at the same time that the value generated by Salesforce’s sales is decreasing?

“Salesforce – Overvalued and not significantly diversified” Erik Huckle, Seeking Alpha

“Salesforce: One of the better software companies on the planet but perha

Boris Agranovich has kindly asked me to offer my free course for you to browse, or to take, over the holiday period.

MAGIC

The course will change your entire understanding of modern economics and risk management.

• It is a paradigm shift in both subjects.
• Essential reading for anyone in the financial services industry.

It is no co-incidence that following an article which I had published at www.fin24.com where I am a columnist, my prescription for the South African economy was circulated to the entire

Another Successful Example on How to Compete: Putting Customers before Products (From Selling Hospital Beds to Protecting Patients)

Source:

MIT - CISR

Authors:

Moloney, Kate
Ross, Jeanne W.
Beath, Cynthia M.

My 2018 New Year Message to All of Humanity: Real Life Lessons

There was a conference in NY this week hosted by The Wall Street Journal on Cyber Security. They published a separate section in the NY edition of their newspaper entitled WSJ PRO REPORT – CYBERSECURITY. It is a worthwhile read if you can get your hands on a copy.

This post is a follow up to my December 3^rd post ‘GDPR is coming. Are you ready?’. The consensus at the WSJ Cybersecurity conference is ‘NO’, the vast majority of US companies are clearly not paying attention at all. The gist can be fou

I see a ton of articles that say identity theft protection is not something you really need. These articles have titles like “ID Theft Protection Does Not Work,” or “The Poor Man’s Guide to ID Theft Protection.” Though some of these articles have a bit of merit, they totally miss the point.

Here’s the deal – You can’t protect yourself from every type of ID theft out there, and the types you can protect yourself against require a ton of focus. One way or the other, it will cost you money, time, an

How to improve your 2018 predictions and outcomes? What happens when you are invested into your customers risk and performance?

According to Wikipedia, “A prediction or forecast is a statement about an uncertain event. It is often but not always, based upon experience or knowledge”.

Based on the SIMMETHOD Best In Class, in business strategy execution, the best way to predict the future is to create it via the 7 Laws of Growth, Value Creation and Best In Class Performance and the C-level Risk Alert

Last Christmas I wrote about Reciprocity and the influencing effect that giving gifts can have. This year I have chosen Resilience. Another hot topic at this time of year because of the strong emotions that flow and because I heard this cracker of a story just this week.

One of my mates, let’s call him Mick, grew up surfing the Northern Beaches of Sydney and always wanted to surf Waikiki Beach in Hawaii. This year he made it. He got himself onto a paddle board, paddled his way out with his son sw