Disaster Recovery and Human Error
The title of this blog post could almost have read “Never send a human to do a machine’s job”.
IT Risk Management as Seen by the Man with the Black Swan
The man in question is Nassim N. Taleb. He coined the term “Black Swan” in risk management to describe events that are unforeseeable, even highly unlikely, yet that happen and in doing so change the course of history.
Resilience and TICTF (Too Interconnected to Fail)
Remember the economic meltdown (almost) of eight years ago? Two buzzwords came to the fore at that time. One was “systemic risk”, the risk that applies to an entire sector or domain; in this case, the global economy.
Ebola and the Ramifications of Pandemics You Should Consider
Efforts continue in order to stop the spread of the Ebola outbreak and find vaccines to defeat the virus. However, businesses need to be prepared in more ways than one. Although the risk is considered low that a widespread Ebola infection would occur outside West African countries, the potential consequences could be catastrophic and deadly.…
Social media – Risks and Productivity Impacts in the Workplace
A few years ago, social media were the bane of many businesses. Seen as a dangerous distraction for employees, some even instructed their IT teams to block access to social networking sites in an effort to recover employee time and productivity. Nowadays however, the tide seems to have turned. Companies look towards social media as…
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: Risky Business Round Table
OpsCentre will be hosting a Round Table on the 28th of April at the Vibe Hotel in Sydney; to register click here. We will be discussing the risks associated with cloud computing with industry professionals. To get you warmed up for the discussion have a look at this very informative clip posted by Macquarie Telecom discussing Cloud computing…
Roundtable Event – Building Resilence in your organisation – Is it really possible?
OpsCentre is hosting a roundtable event on the 7th of December, 2010. With today’s ever changing environment; with new technologies, environmental factors and new generation risks pose increasing threats to managers in an ever changing landscape of uncertainties. The question we pose is does resilience really exist within an organisation, and how can it be achieved…
OpsCentre Roundtable Event – Managing Emerging and New Era Risks
In the 21st century, a number of New Era or Emerging risks are challenging our traditional risk management methodologies, tools and techniques. Risk professionals must keep up-to-date with them: assessing, mitigating and managing these risks, each and every day. What is a New Era, or Emerging, Risk? Categories include Economic, Environmental, Geopolitical, Societal and Technological. …