Risk Management

#CrisisManagement "The devastation caused by a catastrophic event will be difficult to foresee. It will decrease our quality of life for an extended period and disrupt the complex interconnected systems that govern our healthcare, education, infrastructure and economic stability. It will have long-lasting repercussions on social cohesion, access to resources and overall wellbeing. Such devastation will overwhelm the emergency management system and government, and will impact commercial Business as Usual (BAU) arrangements. The required resources for the scale of response and recovery will not be available within Aotearoa New Zealand. International experience demonstrates that during a catastrophic event, decision-makers are forced to prioritise resources to manage shortfalls. This Catastrophic Event Handbook (Handbook) is the beginning of the journey to: • improve emergency management system readiness • provide a framework for nationally coordinating the response • lead the emergency management system to address readiness gaps • outline initial recovery actions for response. It is expected that stakeholders will review the content and find areas to conduct further planning. " #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement

#RiskManagement "Emerging risks are those that may newly develop or that already exist but continue to evolve. They are characterized by a high degree of uncertainty regarding their likelihood and potential impact. These risks may have significant implications for underwriting, investments, and operations within the insurance sector. The extent of their impact may vary across companies, depending on factors such as product offerings, market presence, and the composition of investment portfolios. The Radar provides a consolidated view of emerging risks and related major trends that could influence the insurance industry over the next five years and beyond. Risks are categorized as small, medium, or high based on their perceived materiality. Both the risk inventory and the assessments of impact and timing are informed by expert judgment from the Emerging Risk Initiative (ERI) working group of the CRO Forum, supported by a member-wide survey. " #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement

#Cybersecurity "Mature CIE approaches and promote broad application by building a repository of tools, practices, methods, and other enrichments to apply CIE to built and new infrastructure and validate CIE applications. " #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement

#Cybersecurity "Cyber-Informed Engineering (CIE) 1) CIE uses design decisions and engineering controls to eliminate or mitigate avenues for cyber- enabled attack. 2) CIE offers the opportunity to use engineering to eliminate specific harmful consequences throughout the design and operation lifecycle, rather than add cybersecurity controls after the fact. 3) Focused on engineers and technicians, CIE provides a framework for cyber education, awareness, and accountability. 4) CIE aims to create a culture of security aligned with the existing industry safety culture. " #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement

#Cybersecurity "British intelligence warns cyber threat to critical infrastructure is increasing The threat posed by hackers to critical infrastructure in Britain is increasing, leaving a “widening gap” between the potential for harm and the collective ability to defend against it, the country’s cybersecurity agency warned on Wednesday. In its latest attempt to sound the alarm about that threat, the National Cyber Security Centre (NCSC) again stressed that Britain was underestimating the severity of the risk from cyberattacks and provided updated guidance to infrastructure operators to protect themselves. Despite these repeated warnings, there are continuing delays from both the government and the private sector in taking action to drive forward even basic levels of security. As the agency’s chief complained earlier this year, many organizations still fail to follow the NCSC’s cybersecurity guidance and advice. The government itself is now several years late in introducing cybersecurity legislation intended to improve resilience across critical national infrastructure sectors, despite the NCSC’s calls for a strategic policy agenda to tackle shortcomings. " Full Article -->>> https://buff.ly/1tU08HC #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement

#Cybersecurity "The Cyber Assessment Framework (CAF) provides a systematic and comprehensive approach to assessing the extent to which cyber risks to essential function(s) are being managed by the organisation responsible. CAF-based assessments can be carried out either by the responsible organisation itself (self-assessment) or by an independent external entity, possibly a regulator / cyber oversight body or a suitably qualified organisation acting on behalf of a regulator, such as an NCSC assured commercial service provider. " #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement

#RiskManagement #Security "The protection of assets from damage, harm, exploitation or loss remains the prevailing specified and implied task for security risk management. However, scales of protection, negotiated outcomes and trade-offs, along with economic choices, obfuscate what is defined as an asset and protection that is specific to each organisation or department. In other words, assets vary in value and significance. Subsequently, so too do protection measures. Therefore, there is no one universal protection of assets formula or solution for practitioners and businesses. " Ridley. T (2023). Protection of Asset: Security & Risk Management Layers of Complexity, Relationship, Relevance and Efficacy. Available at -->> https://buff.ly/wQDtRmc #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement

#RiskManagement "Businesses and employers take on and retain considerable liability for illness, injury and death related to business travel. Organisations have many legal and operational obligations related to the business traveller's personal health, safety, security, and well-being. Conversely, government intelligence agencies now consider international business travel a matter of personal, corporate and national security. Overall, the benefits, rewards, and associated liabilities of international business travel are becoming increasingly significant. As a result, past methods and practices need to be updated. Travel risk management methods likely require more individual consideration as more evidence-based practices are now deemed mandatory by courts, governments, insurance companies, travellers and industry, including input and analysis from competent persons utilising proven methods backed by research. The need for a specific, positivist international business travel risk management body of knowledge is past due. " p.3 Ridley, T. (2023). How can organisations, managers and individuals better manage the threats and hazards associated with international business travel? - Safety, Security & Risk Management: Multivariate Threat Vectors Across Boundaries, Research Proposal, Charles Sturt University, Australia. Read More -->>> https://buff.ly/QwFn8r5 #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse

#RiskManagement "In considering SME’s and the relationship with their often -entrepreneurial owner managers, it has highlighted the effect of risk perception on the cultural environment within which risk is understood and evaluated. The effects of risk perception as captured here, would indeed apply to organisations of all sizes. Awareness and communication remain important, along with the value of establishing an appropriate culture. " p. 84 "Capturing the effects of risk perception, represents an important aspect in responding to the research questions and the contributions both to practice and to theory, as the conceptual framework not only captures the gap in risk literature of risk appetite theory, but of its relationship with existing risk theories. " p.85 Buttriss, K. (2021). A framework for assessing organisational risk appetite (Doctoral dissertation, University of Portsmouth). p.84 #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement

"The #riskmanagement timeline (Institute of Internal Auditors), as depicted in Figure <below> clearly outlines the phases of risk maturity and their development, along with the key milestones that define the phase. This model clearly indicates that organisational risk appetite is not achieved until the third phase, here labelled ‘Risk-Defined’" p.56 Buttriss, K. (2021). A framework for assessing organisational risk appetite (Doctoral dissertation, University of Portsmouth). #risk #risks #enterpriserisk #enterprisesecurityriskmanagement #intelligence #threatlintelligence #riskmanagement #riskanalysis #riskassessment #riskmanagementframework #operationalriskmanagement #projectriskmanagement #projectrisk #operationalresilience #resilience #operationalrisk #riskintelligence #governance #crisis #crisismanagement #complexity #chaos #crisisleadership #crisisplan #crisismanagementplan #stress #governance #decisionmaking #riskmanagement #riskinformed #securitymanagement #securityriskmanagement #resilience #humanfactors #emergency #disaster #emergencyresponse #safety #safetyfirst #safetymanagement #safetyassessment #safetyrisks #safetyculture #safetyanalysis #personalsafety #workplacesafety #healthandsafety #hazard #danger #peril #threat #PPE #protectivesafety #workplacesafety #security #securityriskmanagement #securitymanagement #securityrisks #enterprisesecurity #cybersecurity #physicalsecurity #informationsecurity #digitalsecurity #securityoperations #enterprisesecurityriskmanagement #securityassessment #intelligence #threatlintelligence #risk #riskmanagement #travelsecurity #travelsafety #travel #businesstravel #tourism #travelrisks #travelriskmanagement