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Risk Assessments Strategy and Strategic planning

Risk Assessments Strategy and Strategic planning is inspired by a book entitled Strategy for Executives. In that book strategy is defined as “a compendium of deliberate choices that an organization makes to maximize its value over a given period of time”. Defining Strategy and meaning of risks We like the book’s dynamic definition of strategy. Moreover, it fits very well with our definition of strategic risks which derives from the use of explicit risk tolerance thresholds in the ORE methodology.…

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Cyber costs threaten to exceed benefits!

A recent report: Cyber costs threaten to exceed benefits! A recent report from Zurich Insurance 2015 and the Atlantic Council states that the annual cost of protecting our digital world from hackers will exceed the benefits of being connected by 2019. It even seems that in the US and Europe the situation has already reached the tipping point, whereas developing and emerging economies still have time, actually a few decades, ahead of them. The report delivers a -7%GDP to +1%GDP bracket…

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