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Computer systems from Russia to the United States were struck on Tuesday in an international cyberattack that bore similarities to a recent assault that crippled tens of thousands of machines worldwide.

Symantec has said the new attack was using the same hacking tool created by the National Security Agency that was used in the WannaCry attacks. The vulnerability was patched by Microsoft last April, but as the WannaCry attacks demonstrated, hundreds of thousands of organizations around the world f

Yes, I am keeping with the VEGetable theme which is all about the clarity of your thinking. Clear foresight if you will.

Last week I wrote about how we have blind spots to our thinking and that we are in a constant battle to steady ourselves at the intersection of our Values, our Environment and our Genes. Each one having a great influence on our ability to think with clarity.

Well guess what? It is not just us that has this challenge. Other people have it as well. Why is that important you ask? B

Enterprise Risk Management (ERM) is an approach prescribed to manage and balance organization's risk with their objectives. It looks to provide a strategic overview of an institution and their risks. Since the global financial crisis, institutions were criticized for their apparent siloed approach to risk management, failures to bring each area together for a holistic overview of risk to manage within its risk appetite. ERM provides a central risk function to improve an institution's coordinatio

We invite you to hear from leading experts as they address CECL challenges faced by financial institutions.

With CECL posing a significant challenge for the banking industry, advance your preparation by joining two seasoned industry practitioners on our latest webinar on CECL implementation. Our webinar will address a beginning-to-end overview of CECL implementation, starting with a review of the standard, contrasting interpretations of the standard, and the associated challenges. The presenters

Here’s a bit of a shock for you: about half of all adult Americans have a photograph stored in the FBI facial recognition database. What’s even more shocking, it is that these photos are being stored without the consent of the individuals. Approximately 80 percent of the photos the FBI has are of non-criminals, and might take the form of passport or driver’s license photos. Furthermore, there is a 15 percent rate of inaccuracy when matching photos to individuals, and black people are more likely

Our complimentary Risk Insights Magazine, Issue Three, delves into the minds of senior risk professionals industry wide, containing 30+ articles, interviews and reports on industry trends, changes, challenges and solutions.

We pride ourselves on providing real-life experiences and advice, reports based on intensive industry research and thought-leadership from financial institutions such as: Bank of America Merrill Lynch, Mizuho International, HSBC, Credit Suisse, BNP Paribas, ING and many more

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You know the saying from your Mum, “You should eat your carrots. They’re good for your eyesight!”.

Carrots are a vegetable and the “VEG” in vegetable is a great acronym for understanding where your blind spots in your thinking come from.

Our blind spots are psychological biases created at the intersection of our Values, our Environment and our Genes. Whenever we are thinking and looking to make a decision, our subconscious is grappling with what is genetically encoded in our brains by nature, what

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I’m writing to invite you to webinar titled “ Mastering Operational Risk. Theory and Practice in a single package” on June 27 at 10:00am EST / 15:00 BST. 

Join me and our guest, Calvin Lee, Operations Director at RISKID, for a lively discussion as we aim to dispel confusion surrounding many of the elements of the Operational Risk framework.

This webinar is designed for both current students of the “Mastering Operational Risk” online course and for other busy risk professionals who are interest

Last week I blogged about 4 wrong questions that I saw organisations trying to answer and wasting opportunity while doing so. Why did they do so? Why do we not always kick the goals we plan on kicking?

One very big answer is that we all have blind spots. They are inherent biases and research tells us that for complex decisions on a daily basis, our error rate is 15%. If we are talking decisions around “big” strategies, our error rate is 40 to 50%. Blind spots hurt us badly.

Let me tell you a story

A well done New York Times article recently re-introduced this topic to the masses. Being “owned” isn’t new, but the term is not becoming part of popular culture. If you use the internet or are often on social media, odds are good that you have been OWNED. Whether you are called out for a misspelling on your latest Facebook post, or you were proven wrong after sharing a “fact” or post from another site…you have probably been owned.

The word “owned” comes from the hacker world, and real “ownage” i

Last week I blogged about a strategy being nothing but a hypothesis. It quickly became one of my most popular blogs. In it I stated that the biggest single failure of a strategy is because management is trying to answer the wrong question.

This week I thought I’d give you a sample of 4 wrong questions which I’ve come across in my role as workshop facilitator to prompt you to answer the right question: - 

1. Medium-Size Office Equipment Supplier – This executive team had been trying to answer, “How do

https://www.newbusiness.network/effectiveness-of-a-business-plan-when-raising-capital/

Be sure to REGISTER on New Business Network to see how you can qualify for funding from Commonwealth Capital's Income Fund I & II.

In advance of our Conduct Risk Summit in London on the 13th September, we asked one of the speakers, Imatiaz Hussain; How is the work to improve conduct and culture impacting on financial services firms?

http://finance-edge.com/conductrisk/speaker-interview-imtiaz-hussain/

Interview of Chuck Brooks, Judge of GSN Homeland Security Awards, on Key Homeland Security, Cybersecurity, and Technology Issues for 2017

Government Security News (GSN): Chuck, Thank you again for judging our most recent and very successful awards event.

It was my real pleasure. Each year I am more and more impressed with the capabilities of the company submissions for best solutions. They are all top notch and at the innovative edge of security technologies. It also reassuring to review many of t

At lunch recently, I opened my fortune cookie and found this message inside: “Any journey must begin with a single step, and you can be the one to take it.” That simple message inspired me to write this blog.

Events taking place after the Trump administration withdrew from the Paris climate agreement have demonstrated there is more than one way to get things done.

A few mayors throughout the country individually decided to take action. Now, the movement has blossomed, and more than 200 mayors, sev

Even if you don’t realize it, your identity is all over the internet. Whether you posted to an internet forum in 1996 or you ever had a MySpace page, this information is still out there, and you have to protect it. Here are some simple and easy ways that you can protect your digital life:

1. Change Passwords – The first thing you should do is make sure you are regularly changing passwords. Make your passwords difficult to guess, and a mixture of letters, numbers, and symbols. Also, make sure that yo

Now Available: A web based interactive map in WPS! The map generates a complete overview of all permit requests, work permits and isolations (LOTO).  Go to https://www.workpermitsystem.com/functionalities/interactive-map for more information.