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One of the Best Online Business Analyst Courses uses Riskope definitions.

We are happy to see One of the Best Online Business Analyst Courses uses Riskope definitions. The course entitled Three Emerging Careers for Business Analysts from udemy teaches to define strategic, tactical and operational business planning techniques, audiences, and results. One of the Best Online Business Analyst Courses uses Riskope definitions. The course by Tom and Angela Hathaway ranks among the seven best business analyst courses following Webcourse World. Business analysis aims to define a future that will allow an organization to achieve…

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Information systems and risk management

Information systems and risk management discusses the necessity to create a structured and holistic view on all corporate information. Therefore we look at and how the holistic view should relate to upside and downside risks. Information systems are the set of analytical applications geared toward preparing corporate or project system’s data for business analyses and support to risk informed decision making. Downside risk is the product of the probability of occurrence of a hazard by the cost of the undesirable…

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Cryptominers exploit miners vulnerabilities

Miners are under a new attack as Cryptominers exploit miners vulnerabilities. Programs that hijack computer resources to mine cryptocurrencies without permission are indeed a new threat in the list. In summary, the “old list” for miners reportedly encompassed for example: Ransomware, which holds a company’s data hostage until a ransom is paid. data leaks. worms that could break down equipement “a la” stuxnet focussing on the SCADA system. However, the real-life general list is way longer, as witnessed by a…

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Integrated and convergent risk approaches

Integrated and convergent risk approaches need some discussion. Are they so different? And what about the good old Enterprise Risk Management (ERM)? In our modern society, organizations require a 360-view across all business units, risks and compliance functions. ERM approaches should cover that. Experience shows that oftentimes ERM does not cover key business partners, suppliers and finally outsourced entities, the “Enterprise” (system) definition remains implicit. Thus there is no 360-view across business units, risks and compliance functions. Maybe that was…

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Corporate risk management (ERM) platform requirements to limit corporate failures

Corporate risk management (ERM) platform requirements to limit corporate failures explores why corporations, projects, startups continue to fail. That is despite apparent efforts made by various stakeholders. Voices here and there say that Enterprise Risk Management does not work, that we need new and esoteric tools. At Riskope we firmly believe, based on our experience, that Enterprise Risk Management does work if the platform has some important characteristics that common practice platform do not have. Corporate risk management (ERM) platform…

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Risk assessment, Social License to Operate and Corporate Social Responsibility

At Riskope we champion the idea that Risk assessment, Social License to Operate (SLO) and Corporate Social Responsibility (CSR) are strongly intertwined. It is part of our silo-breaking philosophy. Riskope’s builds risk assessments considering multidimensional consequences. These include “people” consequences, such as loss of quality of life. At the end of the day SLO and CSR are supported by enhanced transparency, clearer vision and distance themselves from a mere PR act, as people will identify more with the prospective realities.…

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Tailings dams quantitative risk assessment

Tailings dams quantitative risk assessment has to rely on proper evaluation of consequences and probabilities. The goal is to be able to economically and swiftly prioritize a portfolio of dams. That is in order to develop risk informed decision making for mitigation as also discussed in a recent blogpost. ORE2_Tailings app to evaluate probabilities ORE2_Tailings app is primarily addressing the needs of owners or regulators of dam portfolios. A dam portfolio may cover several extractive centers, several mining companies with…

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Technological risks or technological idiocy?

Where lies the line in the sand between Technological risks or technological idiocy? Would you accept to rely on a “perfect system” that has no bypasses, safety overrides? Such systems exist and people, corporations are flocking to use them. “Append only” systems We can interpret Blockchain  as a “append only” distributed database with no central server. In addition a blockchain database has no ability to change or modify a record once it is added. That characteristic is called immutability. Immmutability…

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