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

This September, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) published a much-anticipated update to their 2004 “Enterprise Risk Management—Integrated Framework,” a renowned and widely used risk management framework. The new release is formally called “Enterprise Risk Management—Integrating with Strategy and Performance.”

The COSO update comes to meet the rising expectations of risk management, according to Bob Hirth, COSO Chair: “The complexity of risk has changed,

The Compendium of Evidence on the Effectiveness of Innovation Policy Intervention Project in the stewardship of Manchester Institute of Innovation Research (MIoIR), University of Manchester has revealed some interesting facts about Regulatory Change Management. There have always been mixed opinions about the importance of regulations in the industries and people are unable to come to a consensus. In order to get some clarity and ascertain the impact of regulations on organizations, an endogenous

GFMI will host the 11^th Edition Model Risk Conference on January 24-26, 2018 in San Francisco, CA. This 11th installment will bring together leading professionals in model risk, model validation, model governance, and in other related roles to help financial firms produce high quality models that are compliant with the regulations. By attending this conference attendees will learn how to enhance model risk management in an evolving inter-agency framework and how other firms are implementing diff

Getting Funded: How to calculate your total addressable market and make a great TAM slide for investors

By: Jared Sleeper

Source: For ENTREPRENEURS

I’ve seen hundreds of startup pitch decks in my time at Matrix, and have found total addressable market (TAM) slides to be among the most frequently mis-executed. I get the sense they are often included as a formality in an attempt to get VCs to check a mental box and continue on hearing about other important things: the product, the team, the progress,

A couple of weeks back my blog called Valuing your Pressure Cooker was about how you need to consistently remind staff of your corporate values while you put them under pressure to perform. If you don’t, staff may start to find unethical ways to get the job done. Reminding people of values is therefore a preventive method. What about a method to detect poor behaviour? 

I was listening to an ABC Best Practice podcast this week about “ungoverned incompetence” where Peter Cebon, senior research fell

Delegates attending the 2^nd Edition Insurance and Pension Asset Allocation Conference, February 26-28, 2018 in New York will gain invaluable insight into how they can achieve a greater yield from their fixed income assets as well as how they can better manage the risk associated with alternative investments. Develop competitive to enhance the profitability of your investment portfolios.

Attending This Premier GFMI Conference Will Enable You To:

• Develop profitable insurance asset investment strate

Cash is King: 8 tips to Optimize Fundraising Strategy

By David Skok, Founder of for Entrepreneurs

Introduction

This post aims to help startup CEOs optimize their funding strategy by examining how investors value startups, and explaining how to avoid the common cash management pitfalls.

(Note: The concepts in this post will likely be obvious to experienced CEOs and entrepreneurs. Despite that, our experience indicates that entrepreneurs frequently make costly, avoidable mistakes with their financing

Jack Ma Warns Against the One Mistake that Can Destroy Start-ups

24 Nov 2017

By Briony Harris

Formative Content

World Economic Forum

Jack Ma is a global icon in business, ranked second on Fortune’s list of the World’s 50 Greatest Leaders and one of the richest men in China, with a personal fortune of nearly $30 billion, according to Forbes.

He is the founder and leader of Alibaba, the Chinese online selling platform that had revenue of more than $8 billion for the third quarter of this year. The compa

The 7th Edition Third Party Vendor Risk Management for Financial Institutions Conference will bring together leaders involved in vendor risk management, procurement, data security, and contract management to apply practical strategies to evolve your current third party oversight program. Learn best practices in managerial strategy from industry leaders to streamline third parties with your business goals, ensuring the development of holistic governance strategies. Furthermore, maximize your due

In this article from McKinsey, Controlling machine-learning algorithms and their biases, they make the point that while machine-learning is good to avoid human bias in decision making, the algorithms themselves are not free of bias. Let me say it in another way:

“Garbage in – Garbage out!”

McKinsey make the point that the designers of an algorithm are human and that they will come with their own personal bias. For example, they will choose sources of data and/or choose not to use certain data. One

The hot water in which Uber has been simmering has just reached new thermal heights. Back in October 2016, hackers stole the personal data of 57 million customers and drivers containing their names, email addresses, phone numbers, and in the drivers’ cases, their driver’s license numbers. They finally disclosed the breach this month.

Now, in comparison to the scope and nature of other breaches such as Equifax and Yahoo, the Uber hack may appear to pale in comparison. However, this company represe