Risk Evaluation and the Science of Danger
Let’s be honest. Between ‘Risk Evaluation’ and ‘The Science of Danger’, the second name has more star quality.
How Much Can You Outsource a Risk?
A common corporate credo nowadays is: ‘make only what you cannot buy’. The idea is that if a supplier is already making an affordable, quality component or product, there is no sense in re-inventing the wheel. The company would be better off using its internal resources to develop more strategic advantages related to its core…
IT Security for Small Businesses – Are You Listening?
Hacking of the IT resources of small and medium businesses is on the increase. The age-old excuse of ‘We have nothing worth hacking’ is no longer valid, although this doesn’t always register with SMBs. Hackers see small businesses as targets of interest for several reasons. Firstly, SMBs are vulnerable. Their security is weak, because of…
Critical Vendor Reviews are Part of Business Continuity Management Too
What goes on inside your enterprise is of prime importance for your business continuity management. However, so are the actions and attitudes of vendors on which you rely to run your business. In the same way that you regularly check on BC processes and awareness inside, you should also conduct periodic investigations of key business…
Making Virtualisation in IT an Advantage, not a Risk
The big selling point about virtualisation, at least in disaster recovery terms, is the power it gives to handle single points of IT failure. The idea is to distribute applications the right way over a number of servers; then if one physical machine crashes, another one should be available to ensure that applications can continue…
Organisations in Europe Are Making Risk Management a Priority
Research into leadership in risk management in Europe indicates that it is gradually becoming a board-level item and an integral part of organisational strategy. While banks for example have embedded it into their operations since their inception, in other sectors the importance of risk management has taken longer to come to the fore. Common categories…
Just When You Thought It Was Safe… Emergent Risks
Decades ago, the ‘Jaws’ film series struck a chord with its marketing slogan ‘Just when you thought it was safe to go back in the water’. Risks are like sharks as well. You think you’ve disposed of one, only to find a new one circling you and your organisation, waiting for an opportunity to emerge…
What Business Continuity Management and Zero-based Budgeting have in Common
Every so often (business continuity plan updates, for example), figuratively speaking it’s time to get the crystal ball out and see what the future holds. This is an ambitious undertaking given how difficult it is to know what the weather will be like next week, let alone business in six months’ time. Modern science has…
Have You Got Your Global Risk Analysis Kit?
Want to know what’s on the radar screen for economic and technological risks? Or is your interest more in societal and environmental threats? The Global Risks 2012 report from the World Economic Forum has something for everything. It breaks risks out into five global categories – the four we’ve just mentioned, plus a fifth, geopolitical…
The Challenge of Distributed Detail in Business Continuity Planning
Much of the difficulty of effective business continuity planning lies in the fact that you need to make detailed plans for things not to happen, rather than just for things to happen. This means the strength of mind necessary for delving into the detail of scenarios that may never come up and simulating situations that…
News feature: Risky business
Awareness is growing around the importance of risk management, and IT’s involvement in ensuring compliance. A special ARN report. Risk management should be high on the list of priorities right now. If organisations and boards didn’t realise its importance previously, the natural disasters of Queensland, Victoria, Perth, Christchurch, Japan, and, most recently, Myanmar (it’s been…
Cloud Computing – "Too Much Redundancy Is A Myth"
Michael Jenkin from Business Technology Partners, posted an Article in ARN on the 22nd March; discussing redundancy in the IT world. What an interesting article. This will get you thinking about Cloud Computing solutions for your business. Have you dotted your ‘I’s’ and crossed your ‘T’s’. Have you opted for the cheaper option? Have you…