Introduction

The classic text book definition of risk is, “the probability of a threat agent exploiting vulnerability and the resulting business impact”. Vulnerability can be from applications, software’s, firewalls, people, process, location etc and what we're trying to see here is the vulnerability from software’s or applications and importance of patch management which in turn will result in effective risk management .

Effective Patch Management = Effective Software Vulnerability Management = E

18 February 2011

Citicus, a corporate risk management and compliance specialist, has released a risk analysis/management app for the iOS range of Apple devices – the iPhone, iPad and iPod touch.

Border Group Inc Possible Bankruptcy Filing? Check the modeFinance Credit Rating (CC in 2010)! http://tinyurl.com/6em7sqy

In order to give a financial and economic overview of miscellaneous companies from different countries, modeFinance (link) analysts executed a deep analysis on the corporate credit rating behaviors for the years 2007, 2008 and 2009 all around the world.

Please, download here (link)  the overview.

The truth about government travel advisories, warnings and alerts

If you’re like most people and you believe that government travel advisories, warning and alerts represent the most accurate advice for business travellers then you are terribly mistaken.

Here are the key elements that all business travellers and travel managers need to know regarding the validity and application of government travel alerts and travel related advice. Knowing and understanding these few simple issues will save your

A couple of weeks back I was approached by a HFT magazine editor and he asked me whether I would be interested to write down some of my experiences in HFT. As I am not directly participating in the midst of HFT at this point, I had to give it quite some consideration. Why would I do this? Placing myself in a vulnerable and visible position is not my first nature. Still I strongly believe in taking away the mystique or even – allow me – hysteria regarding this type of Capital Markets business. I

Introduction

Let’s start with what’s Web 2.0 before getting in to the risks.

The term Web 2.0 is commonly associated with web applications that facilitate interactive information sharing, interoperability, user-centered design and collaboration on the World Wide Web.

For some of you still not clear of what’s Web 2.0 let me put it down in a different way. Web 2.0 is Facebook or MySpace or Linkedin or Twitter or the blogs or the Wikis or any web site which allows the visitor to interact by posting up

26 January 2011

Paul Clarke from eFinancialCareers

Are you wondering “How safe is it to travel to Thailand in 2011?“. So are many others. Find out here what the main travel safety and security issues will be for Thailand in 2011. You may be surprised as to what the REALthreats and issues are.

Thailand Travel Safety and Security Report

Remove the guess work or hesitation when considering travel to Thailand

• No more fear and exaggerated reporting
• No more waiting for the main news broadcasts
• No more worried or confused managers and travellers
• No more c

Information & Security: An International Journal

Special issue on

Countering Maritime Piracy

Editor: Prof. Alexander Yankov
Judge, International Tribunal for the Law of the Sea

{Keywords: piracy, situational awareness, maritime sovereignty, maritime safety, security or maritime transport, emerging security challenges, transport infrastructure, harbor protection, risk analysis, terrorism, counterterrorism, threats, risks, vulnerability, risk assessment, risk mitigation, risk management, Critical Infr

“You could be a meteorologist all your life and never see something like this. It would be... the perfect storm.” So goes a classic line in one of the few great Hollywood fishing epics. The Perfect Storm finds fisherman George Clooney and his shipmates venturing out into dangerous waters and being trapped between two momentous and powerful storm fronts. Asset managers may well empathise.

On one front, ever more powerful regulation is blowing in, growing as it does. This regulation comes with eve

"Travel Alert-Travel Safe"

Click link below for information/access:

Travel Alert-Travel Safe: 2011 Business Travel Threats

2010 was an eventful year for business travellers with new and varied events that caused delay, disruption and life safety concerns.

Join our global travel safety and security expert as he discusses:

• Key travel threats for 2011
• Industry and company trends
• Tips for the year ahead
• Questions from attendees

"Travel Alert-Travel Safe"

Click link below for information/access:

Travel Alert-T

The first thought paper, Embracing Enterprise Risk Management: Practical Approaches for Getting Started, developed by Mark Frigo and Richard Anderson of the Center for Strategy, Execution, and Valuation at DePaul University, describes how an organization can begin implementing an ERM process. It also examines perceived barriers to effective ERM and how to work through those barriers.  “Starting an ERM process is a daunting task for many organizations” said Anderson.  “The paper provides an actio

 Download a real-time generalized derivatives calculator supporting over 86 theoretical models from open source libraries.

Matrices of prices are created with iterating strikes and/or months. A strike control system can produce almost any strike. A generalized date engine can calculate re-occuring distances to any industry used expiration into the future. Timing is accurate to one second and pricing is re-calculated every second. 9 choices for computing the cumulative normal distribution. All in

In 2010, we witnessed 157 banks closed by the FDIC. They were either taken over by stronger hands or liquidated and depositors were given back their deposits. 

On this first Friday of the New Year,only two banks were shut down. According to the BlogSpot the Bank Blog: 

  “The "honor" of the first bank to fail in 2011 belongsto First Commercial Bank of Florida based in Orlando. …It had approximately $598.5 million in total assets and $529.6 million in total deposits was closed. First Southern Bank

US News and World Report had a recent feature “20 Companies that Cratered in 2010“.

Reading their article, I can only come up with four reasons why the 20 firms went bankrupt:

1. Overconcentration in the mortgage backed securities market.  (Ambac)
2. Failed to adapt to competition with a new approach to the business (Affiliated Media, Mareican Media, Penton Media, Blockbuster, Movie Gallery, Newsweek, Oriental Trading)
3. Insufficient New Products (Hummer, Mercury, Pontiac, MGM)
4. Insufficient resilience to rec

The economic crisis of the last few years has forced a renewed focus on the process of risk identification, management and mitigation at corporations across North America. Executives are taking a much closer look at their strategic risk management channels in order to formulate a more rigorous and effective Enterprise Risk Management programs. The interaction between executive management, the board of directors and company shareholders has presented numerous challenges and opportunities in the m