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Many sci fic movies have shown the ET alien threat since War of the Worlds radiocast in 1938 etc.

But on Science Channel, they had piece on Realistically looking at ET Threat & had these assessments:

o ET will use EMP devices to freeze worldwide Electronics.

IE No Dish TV, No EFTs, no car starting

o ET would use Kinetic discharge weapon to pillage the Earth.

ET will fear our Technology.

See 1950s movie War ofThe Worlds & 1990s ID4.

Both aliens assulted the Earths technology base.

Need a Unified O

Profiling.

OK armed citizenry

Make public so citizenry can act on data

Combine Intelligence agencies??

Combine data.

Reorganize Intelligence.

Expand" front" Co/

Hire Non types IE say Non IT for IT positions not req say programming?

CUT DoD waste for Data.

Drones over US Mex area.

Merge with counter piracy issues.

ID money trail.

More indoor gun clubs estd for Public use.

alone can deter terrorisim in the US, Canada.

Space debris racing thru Orbital space at say 10K mps can wreck havoc on manned spacecraft & satellites.

It can be the basis for a 350B Business alone,.

See Dan Weiss on Facebook.

Clearing Space Debris:

o Use giant magnet to attract the metal objects.

o giant fishnet to collect miscl objects

o shot to the Sun or Moon.

o Take some pieces to Earth for Reuse??

o some to a Musuem?

Space Debris Removal needs:

o worldwide Spaceports

o Orbital Hub for Collections

o Drone collector units.

o Lunar processing pl

Concentration risk is the "spread" of outstanding obligors or specifically the level of diversity that exists across a bank's loan portfolios. The lower the diversity, the higher the credit concentration risk.

In this blog post we look at the stress testing aspects around concentration risk and a presentation has also been attached to this journal which can be downloaded.

Click here to continue reading

‘Shortage in liquidity will kill you instantly and excess liquidity will kill you over time’ is a well-known industry saying which serves as a very real warning to banks across the globe of the dangers of poor liquidity management.

These dangers are highlighted even more starkly by the waves of change that are washing over the banking world, ranging from Europe’s painfully drawn out debt issues to last month’s revelations that four major US banks failed their latest rounds of stress tests. All in

Lure Yachts.

Armed crew with hidden weapons.

Raid shore bases.

lay mines.

Use Navy SEALs for missions or Mercenaries.

House hidden arms on ships IE deck guns ala Q ships WW2.

Train crew to use guns.

Pvt armed escort ships?

New insurace from London.

Globalwide Counter Piracy Organz??

Have trained Gun crews with crew on select ships.

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.

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

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

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 29^th

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

 
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

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

http://youtu.be/_KB8O-Gehg8

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

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.

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

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

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

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

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