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In next couple of years there will be sweeping changes to existing Basel III Accord what will pave way for a new game changing regime called Basel 4. In obvious intent, the new Accord will raise risk-based capital ratio, revise risk weighting and move away from too much emphasis on model-based approach. One of key measures will be leverage Ratio.

It will stay ahead of 3% ratio as a front-stop measure. Another key measure will be balancing risk sensitivity with simplicity in the new regime. The Ba

When someone online presents as a different person than their true self, this is called catphishing, and it occurs on online dating sites.

• Google the name of the object of your interest. Obviously, “Kelly Smith” and “John Miller” won’t get you far, but “Jaycina McArthur” just might. What comes up?
• See if they have social media accounts, as these suggest they’re a real person. But the absence doesn’t prove they’re a phony, either. Not every legitimate person is into the social media thing.

Here are

Talk about getting taken to the cleaners: Imagine you spot a great summer rental property advertised online. Looks wonderful. The deal sounds too good to be true, but the owner tells you (via e-mail or even phone) that the fee is correct. You apply for the rent and send in the required upfront payment.

Then you head down there for the first time to see an empty lot. It then dawns on you that the owner was really a crook who used some photo he found online and advertised it for rent. And if losing

Risks are known far in advance by at least one employee – and typically by several – on the front lines of every business. However, problems arise when managers lack mechanisms to escalate and connect their risks with the concerns shared by colleagues in other parts of the organization.

When critical business interdependencies are not formally recognized, they remain invisible, and the cumulative impact of these concerns is rarely addressed. Without the ability to identify connections between ris

According to a recent report from Pew Research, many Americans take privacy seriously—as in the cyber kind, but also offline.

• 9% of survey respondents thought they had strong control over how much of their personal information was collected and shared.
• 38% thought they had moderate control; 37% believed they had little control; 13% said they had zero control.
• 25% used temporary e-mail addresses or usernames for some online activities.
• 24% gave non-truthful information about themselves (e.g., when re

Do you know what ATM stands for? For crooks, it stands for A Thief’s Moneymaker.

A new report from FICO says that “skimming” crimes have made their biggest spike in the past 20 years. This includes ATMs on bank premises, but of course, public ATM kiosks have seen the biggest spike.

The thief tampers with the ATM’s card receiver; the installed gadget collects card data which the thief retrieves later. “Skimming,” as this is called, also refers to capturing the PIN via a hidden camera.

With the stole

Enrique Suarez Presenting:

Greece and the Euro: Towards Financial Implosion

Source:

Prof. Rodrigue Tremblay

Global Research, July 07, 2015

This incisive article by Professor Rodrigue Tremblay  on the nature of the Greek economic crisis was written four years ago.

In response to recent developments, the author has written an update, which is published below.

July 6, 2015

The EU Sows the Seeds of the Greek Economic Crisis

Prof. Rodrigue Tremblay

Update to July 2011 article entitled Greece and the Euro: Towa

"BigData is now, the future"

August 10 - 14

Bootcamp where specialist will focus on how BigData is changing our world and how it will benefit the financial services. 

http://bit.ly/RM_BDFSbc

MORE INFO

Book your pass:

mmedina@riskmathics.com 

Tel: (+52)  55-36-43-25 int. 212

Cyber crooks have phony websites that masquerade as the legitimate site you want to log onto. They’ve spun their web and are just waiting for you to fly into it. Google now has Password Alert, which will tell you if you’ve landed into such a non-Google web.

For the Chrome browser, this extension will prompt the user to change their password.

When you change a password (regardless of reason) or sign up for a new account and it’s time to come up with a password…don’t just make up an easy word to rem

Of all the weird things that can happen to your iOS device, the latest is a relatively benign situation in which a string of text is sent to the phone…and it causes the phone to crash.

The phone will reboot if the particular nonsensical text string is received while the phone is locked.

Data won’t be stolen; nobody will gain remote control of your device (yet); but heck, who wouldn’t be very annoyed that their phone crashes? And this is going on all over the world. The text characters can also be

Enrique Suarez Presenting:

Greece — The One Biggest Lie You Are Being Told By The Media

Source:

Hi All,

The paperback and Kindle edition of the book "Risk-based Management in the World of Threats and Opportunities: A Project Controls Perspective" is now available in Amazon. Copy and paste the following on your browser. You can grab a copy now.

• http://www.amazon.com/RUFRAN-C.-FRAGO-PMI-RMP/e/B01055MPYI
• http://www.amazon.com/dp/B0104OFUDI/ref=rdr_kindle_ext_tmb
• https://www.linkedin.com/pulse/risk-based-management-world-threats-opportunities-rufran?trk=prof-post

Cheers,

RUFRAN C. FRAGO, P.Eng

What is risk-based management (RBM) to you? Do you have a good understanding of this concept, and how it is applied? Do you think what you have right now is the best? Do you think that RBM is the best and only approach? Do you think it is one of the best? How do you apply it in project management?

RBM is serious approach and a philosophy that considers risks while managing any project endeavor throughout its lifecycle. Management by objectives is still present, but with more focus on risk managem

“Wes” is a professional man who, if you saw walking on the street, you‘d easily imagine being jumped by a few teen punks and getting beaten up for his wallet. Wes is nearing retirement age, has a potbelly, doesn‘t work out, has grey hair—hardly an imposing figure.

But look out when he gets behind the wheel of his car. Cut him off and he‘ll give you the finger and holler out obscenities.

“Dan” has two cars: an old beater and a corvette. He‘s mellow in the beater, but something comes over him in the

Enrique Suarez Presenting

How the Law Is Used to Destroy Equality and Protect the Powerful

With Liberty and Justice for Some

Source:

Noam Chomsky & Glenn Greenwald

The basis for power elite membership is institutional power, namely an influential position within a prominent private or public organization. One study of power elites in the USA under George W. Bush identified 7,314 institutional positions of power encompassing 5,778 individuals. A later study of US society found that the demographics o

 [Editor’s Note: Organizations have become myopic with GRC solutions, and they can no longer see the forest through the trees. Our new series, brought to you by the LogicManager Analyst Team, will keep you up to date with real world examples of risk management failures, and how ERM could have prevented them.]

Last week Gap, Inc. announced that in an effort to remain profitable it will soon be closing 175 stores, after already retiring 189 locations earlier in 2011. Gap’s stagnant sales in the pa

 The Internet Of Things (IoT) Has Arrived - What You Should Know

by Chuck Brooks 

https://www.linkedin.com/pulse/internet-things-iot-has-arrived-what-you-should-know-chuck-brooks

We have entered a new era of scientific breakthroughs and technological applications that will change life as we know it. Accelerated technological development is transforming our civilization. The pace of innovation is growing so rapidly that it is becoming exponential as each year passes.

 Futurist Dr. Michio Kaku charact

Enrique Suarez Presenting:

Overthrow the Speculators

  Source:

Chris Hedges

"Speculation in the 17th century was a crime. Speculators were hanged."

(Originally published in Common Dreams, December 30, 2013)

Money, as Karl Marx lamented, plays the largest part in determining the course of history. Once speculators are able to concentrate wealth into their hands they have, throughout history, emasculated government, turned the press into lap dogs and courtiers, corrupted the courts and hollowed out publ

Enrique Suarez

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

Presenting:

Where is My European Union? The European Ideal has been Irreversibly Damaged

"If belonging to the largest and richest trading bloc in the world cannot provide dinner for a retired teacher like her, it has no reason to exist."

Source:

Alex Andreou

Global Research, June 28, 2015

As Greece prepares for a monumental decision, there is only one certainty: the European Ideal has been irrevocably damaged

I am a Europhile. Not only that, I am a pr

Enrique Suarez Presenting:

Troika Intends Starving Greece Into Economic Submission

Source: Stephen Lendman

Global Research, June 28, 2015

Eurozone, ECB and IMF officials’ treatment reveal the latest example of predatory capitalism.

Since Greece’s financial crisis erupted in 2009, imposed austerity diktats incrementally transferred its wealth, assets and enterprises to Western interests at the expense of a 25% GDP drop, mass impoverishment and unemployment (60% for youths), elimination of vital public