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GR Futures

Counter ID Fraud

Security

Defense

Intelligence

Cybercrimes.

 

ID Theft

 

Auto, Aero armoring Companies

 

Mercenary Companies, Assocs.

 

Military Exp companies.

 

Insurance Co.

 

Patent theft.

 

All involve GR worldwide.

 

Host GR Cybercrimes Conference, worldwide.

 

Travel & Tourisim Crimes.

 

Piracy worldwide esp near Africa.

 

 

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14 techniques for modelling Loss Data

In general only a handful of businesses correctly capture Operational Risk Loss Data and of those that do, only a small number of risk units in these firms are modelling their risk data in a coherent manner. After a bit of research on the internet and in various other channels, it has become relatively apparent that there isn't a comprehensive list of potential models which can be uses for understanding Operational Risk. I would have expected an analyst somewhere at some point in time to have do

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In the never-ending race to stay ahead of the competition, companies are developing advanced capabilities to store, process, and analyze vast amounts of data from social networks, sensors, IT systems, and other sources to improve business intelligence and decisioning capabilities.

This report will help security and risk professionals understand how to control and properly protect sensitive information in this era of big data.

Learn more:===⇒ http://bit.ly/FutureofDataSecurity

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We'd like to get your input on how you see Big Data and Cloud Data Warehousing. Please take our 10 question survey and give us your input. Everyone who completes the survey will be entered into a drawing for an iPad. The survey closes on May 25th at noon Pacific and the new iPad owner will be notified on May 29th

===> http://bit.ly/treasuredata

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One approach for embedding a risk management culture across your enterprise is to develop a team of risk champions within your business. What should you expect of them and how should you equip them?

 

The answers to these questions are not straight forward. When you are dealing with cultural change the strategies that work best will depend on a myriad of elements that have occurred or will be occurring in your organisation. Here are some practical questions to ask yourself that will help you to d

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Currency of the new millenium

As if EUR, USD and other currencies did not have enough shocks yet, here comes another: bitcoin

Bitcoin is a new kind of currency: it is the first truly digital currency. It uses peer-to-peer technology to enable instant payments to anyone, anywhere in the world.


Bitcoin comes with its own currency exchange where one can trade bitcoins for old-fashioned money, its own market watch and, most amazingly, smart devices that can exchange payments and do much more.


There is one thing, though, that all

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The Loss Data Process

Building a loss reporting database for operational risk. What you need & links to some outstanding risk systems.

In our last blog posting on Monte Carlo and Loss Data we described the importance of the Loss Data exercise. A few people have personally emailed me asking for more information on this aspect of risk management, so I have decided to write a blog post on it.

Click this link to continue reading

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ISO 31000 for banks

A presentation on ISO 31000 for banks.

A presentation that looks at ISO 31000 in the banking domain. Why ISO 31000 is compatible with Basel, why ISO 31000 can value-add a Basel risk framework.

The presentation attached to this [ link ] will be delivered at the ISO 31000 conference in Paris on 21st and 22nd of May 2012.

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Here’s a common Project Manager story:
You, the Project Manager is creating the budget for your project. Your high level WBS (Work Breakdown Structure) is ready and you have the high level estimates needed for a budget baseline.
As a smart Project Manager, you will add a contingency (20-25%, which is common practice nowadays) to account for unknown events that may add to your cost. In that way, you save your project from going over budget. So far so good.

It seems like you have done your due dili

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How does an executive watch the pulse of their company and sustain fiscal health?

In this paper, financial executives from a variety of top performing industries discuss systems that they have implemented that help them efficiently manage the daily pulse to sustain healthy cash flow.

 ==> http://bit.ly/ManageCAshFlow

 

 

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This online eBook provides insight and advice on how to build an effective disaster recovery strategy in the evolving world of virtual infrastructures, while mitigating the impact of so-called 'Black Swan' events in the datacenter.

 

Learn more: ==> http://bit.ly/DisasterRecoveryeBook

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Rescorla, Boisjoly and LeMessurier - These names may not be familiar to you, however they all have a prominent position in James Chiles book "Inviting Disaster".

Rescorla was the head of security at Morgan Stanley in the South Tower of the World Trade Centre at the time of the 9/11 terrorist attack. After the bombing of the underground car park of the World Trade Centre in 1993, he warned the firm of a possible terrorist attack from the air and that the firm should consider moving to another buil

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Monte Carlo and Loss Data

By looking at a case study in Monte Carlo and Loss Data, we are able to see how important it is to model loss experience and to categorise operational risk loss events.

Recently I had a discussion on modelling risk with a fantastic and successful business person who said to me : "I have read about Monte Carlo, you even make mention to it on your blog but it doesn't make great sense to me. The maths in Monte Carlo is even worse because it seems to confuse the concept by taking it into an academic

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Receive a complimentary free copy of the widely regarded book " A Handbook on Asset Liability Management "
- Edited by Professor G. Mitra

Key speakers include:

INSURANCE - Teemu Pennanen, King’s College London, ex-Managing Director at QSA Quantitative Solvency Analysts Ltd. He has extensive experience of consulting and providing solution to the insurance industry.

PENSION - Michael Dempster (Cambridge Systems Associate), consultant to a number of global financial institutions and governments.

BANKI

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Managing a profitable balance sheet is more challenging than ever. With Basel III and the more immediate Dodd-Frank regulation on the horizon, a tool such as FTP is vital to ensure an effective centrally managed liquidity strategy. Post-crisis, whilst the economic situation is improving, allocating sufficient liquidity costs quickly and efficiently to the correct business-line is paramount.

Karin Bergeron is a trader on the CVA desk at Scotiabank. She is responsible for pricing and hedging CVA as

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This guide provides practical information to help you prepare your data center for the cloud with Unified Networking, scaled-out storage, trusted server pools, and intelligent power management.

To learn more:==> http://bit.ly/CloudPlanningGuide

Virtualization is becoming the new norm for enterprise data centers. It's also a key technology that can help you get to the cloud-and these days, the cloud is top of mind for most IT managers. If cloud is at the top of your agenda, you're probably lookin

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Download this full Benchmark Report 2012 analysis and learn best practices on how your business can ensure money is not leaking away undetected. 

The report is based on analysis of 10.25 million individual expense claims from more than 200,000 UK based employees over the past three years. The analysis reveals areas where businesses continue losing money and how best practices can be implemented. According to the report for every £100 a UK business paid out in expenses last year, nearly £10 was s

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Project change management involves new IT systems, new products, and new markets, or reacting to a change in the business environment, such as regulatory or competitive actions. Project risk management is about identifying new risks or changes in the threat level of existing business processes. The challenge for project managers is how to get teams, functional areas, business processes, systems, and vendors aligned to new goals; moreover, how to get the needed transparency into the activities th

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