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Risk Management and Controls - beBee

Risk Management and Controls

~ 100 buzzes
Official Risk Hive on beBee. Connect with people in your field and buzz about everything related to Risk Management, Governance and Internal Controls!
Buzzes
  1. Jaime Contreras, MBA, CISM, CISA
    #PCI-DSS
    Jaime Contreras, MBA, CISM, CISA
    Verizon's PCI DSS Report: Bad Comparisons?
    www.bankinfosecurity.com Verizon has made a strong case for continual PCI DSS awareness with its new study of payment card data security. But like many vendors that conduct their own studies supporting their business cases, Verizon makes suspect logical...
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  2. Jaime Contreras, MBA, CISM, CISA
    #NIST, #Privacy
    Jaime Contreras, MBA, CISM, CISA
    New NIST draft embeds privacy into US govt security for the first time
    www.theregister.co.uk Federal agency addresses the new world of Alexa, smart cameras and...
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  3. Jaime Contreras, MBA, CISM, CISA
    #PCI-DSS, #QSA
    Jaime Contreras, MBA, CISM, CISA
    Changes to Industry Certification Requirements for QSAs
    info.obsglobal.com Onliner Steve Levinson on why the latest PCI Security Standards Council certification changes for QSAs may be a step in the wrong...
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  4. Jaime Contreras, MBA, CISM, CISA
    #InfoSec, #RiskMgt
    Jaime Contreras, MBA, CISM, CISA
    To Manage Risk Understand Adversaries, Not Just Activity in Your Environment | SecurityWeek.Com
    www.securityweek.com Automatically recalculating and reevaluating priorities and threat assessments ensures you continue to stay focused on what is relevant to mitigate your organizationโ€™s...
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  5. Jaime Contreras, MBA, CISM, CISA
    #InfoSec, #RiskMgt
    Jaime Contreras, MBA, CISM, CISA
    CISO Thom Langford on Risk and Awareness
    www.careersinfosecurity.com Publicis Groupe CISO Thom Langford discusses how best to measure your organizationโ€™s true risk appetite, and the business value of blending...
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  6. Jaime Contreras, MBA, CISM, CISA
    #CISO, #InfoSec
    Jaime Contreras, MBA, CISM, CISA
    The Chief Information Security Officer - The CPA Journal
    www.cpajournal.com Traditionally, CPAs have considered the chief financial officer (CFO) as the guardian of a business's organizational data. It was and remains the CFO's...
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  7. Jaime Contreras, MBA, CISM, CISA
    #CyberSec, #RiskMgt
    Jaime Contreras, MBA, CISM, CISA
    Talking Cyber-Risk with Executives - Dark Reading
    www.darkreading.com Explaining risk can be difficult since CISOs and execs don't speak the same language. The key is to tailor your message for the...
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  8. ProducerEdward Lewellen

    Edward Lewellen

    27/06/2017
    Leading Into the Unknown - Part II
    Leading Into the Unknown - Part IIIn the first post about Leading into the Unknown, I discussed three areas where leaders must excel; being authentic, having physical and psychological stamina, and being adaptable in their thinking.ย Now, consider three more areas that are imperative...
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    Comments

    Edward Lewellen
    29/06/2017 #4 Edward Lewellen
    #2 Thank you for your comment and the share, Chris! I just followed you here on Bebee. Looking forward to reading your posts!
    Edward Lewellen
    29/06/2017 #3 Edward Lewellen
    #1 Of course, dear @AliAnani! Thanks for adding that important element!
    Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    27/06/2017 #2 Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    "When it comes to learning, are you green and growing or ripe and rotten? " Loved that sentiment Edward..we all need to be life long students.Buzz shared.
    Ali ๐Ÿ Anani, Brand Ambassador @beBee
    27/06/2017 #1 Ali ๐Ÿ Anani, Brand Ambassador @beBee
    One attribute I would add to your excellent one dear @Edward Lewellen- a leader must be creative. I don't know if you would agree.
  9. Jaime Contreras, MBA, CISM, CISA
    #CyberRisk
    Blogs - Governance, Risk & Compliance - Compliance Week
    www.complianceweek.com Auditors now have a new guide available to them to help examine and report on companiesโ€™ efforts to manage their cyber risk, and the profession is touting their ability to contribute to the...
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  10. Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    #Manchester solidarity- World Unites behind you.
    Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    The Burj Khalifa stood in solidarity with Manchester last night - What's On Dubai
    whatson.ae Dubai's greatest icon sends a message of support to the people of the UK less than 24 hours after an unthinkable attack in...
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  11. Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    An effective internal control system is a priority
    home.kpmg.com Take the right steps to help ensure certification is...
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  12. ProducerPhil ๐Ÿ Johnson, MBL and Brand Ambassador @beBee
    The Backfire Effect โ€ฆ Our Refusal To Know
    The Backfire Effect โ€ฆ Our Refusal To KnowThe psychology behind why we have a hard time changing our minds. The Backfire Effect occurs when, in the face of contradictory evidence, established beliefs do not change but actually get stronger. Challenges to our core beliefs often...
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    Comments

    Harvey Lloyd
    08/05/2017 #12 Harvey Lloyd
    Trust is the component we see when we look at success across many venues. I would submit though, trust is an indirect outcome of how most folks line up values. If values align then trust happens.

    Trust is broken down when values collide. Each person is exercising their values within a given goal. What i have learned from this activity is that "my" values need to survive. We have become a people of our past. This pedestal of our past is supported by our values. If my values crumble then so does my past implying my present is unsupported. This vicious cycle is challenging from a leadership perspective.

    When you watch the team engage within this value clash and watch trust breakdown it is difficult to maintain culture, goal focus and securing each individual's needs within the process.

    I have found that values are ever changing to suit a individual cycle of existence. We don't choose values they choose us within the circumstance. This is why it is so important to have a corporate mission statement and core values. This allows leaders to determine values upfront and then not engage in the differences between values. This also allows the team member to keep their past intact and create trust in the present.
    Phil ๐Ÿ Johnson, MBL and Brand Ambassador @beBee
    07/05/2017 #11 Phil ๐Ÿ Johnson, MBL and Brand Ambassador @beBee
    Developing and strengthening our trustability is the key. It takes much more trust to convince someone of something they do not want to believe than it does to convince them about something that they do want to believe.
    siraj shaik
    07/05/2017 #8 siraj shaik
    @Phil Johnson, MBL ๐Ÿ , thanks for sharing such an interesting and enriching information indeed.
    Sara Jacobovici
    07/05/2017 #7 Sara Jacobovici
    #3 Thanks @Chris ๐Ÿ Guest Cert.Prof.Acc.SA for bringing my attention to @Phil Johnson's buzz. Very important information that you provide Phil. Agreed, trust is at the core and the example of the "Backfire Effect" is based on a "reaction" of self-defense; unless we trust the source of the new information, we will defend the information we have and strengthen its belief. Indeed, trust is an important area for investment and tolerance for the time it takes to get our ROI. No shortcuts here.
    Antoinette Capasso-Backdahl
    07/05/2017 #6 Antoinette Capasso-Backdahl
    Part of the reason, I believe, is because people do not want to admit they may have been lead down the wrong path in the first place. Much less that they paid to be lead down the wrong path. I may not have been on purpose and it certainly could've been on purpose.

    Maybe it is that they don't have the time or desire to learn something new or their minds are not geared to evolve in practice?

    I remember telling a doctor about something I had read in a knew study and he assured me I was wrong so I trusted him and not the new study. Turns out he was wrong. The study and I were right. The trouble is I'm the one who had to pay for his ignorance.
    Ali ๐Ÿ Anani, Brand Ambassador @beBee
    07/05/2017 #4 Ali ๐Ÿ Anani, Brand Ambassador @beBee
    Thank you @Chris ๐Ÿ Guest Cert.Prof.Acc.SA for tagging me to this important buzz by @Phil Johnson, MBL. I enjoyed reading immensely. Yes, trust burning is not like trust building.I agree with this buzz completely and so I shared it trustfully.
    I discussed the same topic in a presentation titled "Rust without Trust", which has some proofs for the validity of this buzz.
    https://www.slideshare.net/hudali15/rust-without-trust

    I have one choice- to agree with Phil.
    Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    07/05/2017 #3 Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    "We burn trust 7X faster than we can earn trust. That means is if our walls are up just 15% of the time we are damaging the very relationships we are trying to nurture." Scary but true. Thanks for a very important and eye-opening piece Phil Johnson. True leadership takes a lot of courage; particularly insofar as managing the effect of change on long held core beliefs.

    I'd be very interested in the views of thought leaders such as @Ali ๐Ÿ Anani, Brand Ambassador @beBee and @Sara Jacobovici on this buzz.
    Timothy welch
    07/05/2017 #2 Timothy welch
    I once heard building trust takes years but losing trust can happen under 5 minutes and take even longer to earn back depending upon what the underlying issue was. good article
    Jerry Fletcher
    07/05/2017 #1 Jerry Fletcher
    Phil,
    Trust is at the heart of brand. it is the outcome of all that we do. It is why some are leaders and others are not. It is behind the charisma that makes one person stand out and another blend into the shadows. Building it can take a lifetime. Losing it can occur in a heartbeat. Perhaps I should share some of the things I say in keynotes on the subject here on beBee.
  13. ProducerFlรกvio Rodrigues Vieira
    How do smart people work less and produce more?
    How do smart people work less and produce more?Some people have the odd ability to complete all the things they do. And they keep their nights and weekends holy and still do more things than people who work 10 or 20 more hours a week than they do. A new Stanford study shows a fact about...
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    Comments

    Flรกvio Rodrigues Vieira
    02/05/2017 #4 Flรกvio Rodrigues Vieira
    #2 @Lisa ๐Ÿ Gallagher Thank you very much, I'm glad that you have identified with the text, but it's exactly that, very different from being 24 hours working, it's being connected 24 hours, after all it's necessary in some cases like yours, but only in specific cases, After all, who wins is only you!
    Flรกvio Rodrigues Vieira
    02/05/2017 #3 Flรกvio Rodrigues Vieira
    #1 thanks for the compliment!
    Lisa ๐Ÿ Gallagher
    29/04/2017 #2 Lisa ๐Ÿ Gallagher
    Excellent tips @Flรกvio Rodrigues Vieira! I think many can do this if they choose and that's why it's vital to follow these steps. There are some like my husband, who can't totally disconnect because he owns the IT/Networking Company and if something major goes wrong- well he's on call. It's a small company and that's why he is the person who gets called for major issues. Hard to hide from IT. He's pretty good about destressing over weekends when the workload has been met and no looming threats. But, there is always the unpredictable.
    Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    28/04/2017 #1 Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    Great advice.thanks!
  14. Anne ๐Ÿ Thornley-Brown, MBA
    Please like & share this LinkedIn status update so that everybody affected sees it:

    https://www.linkedin.com/hp/update/6249392215177641984

    Very Important announcement for Executive Team Building Network members. Please check into the group right away:

    - Announcement: http://bit.ly/etbn1

    - New hive (group): https://lnkd.in/ekcji7Y

    Due to a LinkedIn glitch, announcements are not working and LinkedIn has stopped notifications of new discussions in groups. Thanks in advance.
    Anne ๐Ÿ Thornley-Brown, MBA
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    Comments

    Paul "Pablo" Croubalian
    20/03/2017 #7 Paul "Pablo" Croubalian
    Already tweeted out. If anyone else wants to move a group just let me know. I'll announce it to.
    Javier ๐Ÿ beBee
    20/03/2017 #6 Javier ๐Ÿ beBee
    #5 big challenges , big results. beBee is now for winners and those who dream big !! Buzz on !
    Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    20/03/2017 #5 Chris ๐Ÿ Guest Cert.Prof.Acc.SA
    Best wishes for the transition - may it be seamless @Anne ๐Ÿ Thornley-Brown, MBA!
    Mohammed A. Jawad
    20/03/2017 #4 Mohammed A. Jawad
    A great, bold transition for better outcomes!
    abhishek shah
    20/03/2017 #3 abhishek shah
    beBee is going to replace linkedin bcoz its the next concept.
    abhishek shah
    20/03/2017 #2 abhishek shah
    wow just wow
  15. ProducerChris ๐Ÿ Guest Cert.Prof.Acc.SA
    Designing an effective corporate Financial Authority Delegation
    Designing an effective corporate Financial Authority DelegationImplementation of a well-managed delegation of authority provides the mechanism to properly regulate key financial transactions within the organization. In considering an appropriate delegation of financial authority framework which is โ€œfit for...
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  16. ProducerChris ๐Ÿ Guest Cert.Prof.Acc.SA
     Effective Integration of Risk and Compliance Programs
    Effective Integration of Risk and Compliance ProgramsIntegrating the key principles of risk and compliance management is key to ensuring a seamless governance, risk and compliance framework. The organizational structure and reporting lines of the risk and compliance functions invariably differ from...
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    Comments

    Anne ๐Ÿ Thornley-Brown, MBA
    13/03/2017 #1 Anne ๐Ÿ Thornley-Brown, MBA
    Risk assessment is important when planning events. I am wondering how many event planners and companies have a formal risk assessment process when planning events. Do you engage in this process for all events or just large foreign events? How do you ensure compliance?
  17. ProducerChris ๐Ÿ Guest Cert.Prof.Acc.SA
    Designing an effective Self - Assessment Compliance Program
    Designing an effective Self - Assessment Compliance ProgramThe overriding objective of an internal self โ€“ assessment program is to provide management with reasonable assurance that key controls are in place and operating in compliance with their design and intended purpose. The intention is to ensure a...
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    Comments

    Lisa ๐Ÿ Gallagher
    13/03/2017 #1 Lisa ๐Ÿ Gallagher
    Excellent tips
  18. Bradley Gilbert

    Bradley Gilbert

    25/07/2016
    Bradley Gilbert
    $1.5bn subprime hit at HSBC dwarfs other op risk losses - Risk.net
    www.risk.net Megan van Ooyen from SAS rounds up the top five op risk losses for June,Risk Management ,Operational risk,SAS,Losses & lawsuits,Subprime,Mortgage-backed securities...
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    Comments

    Bradley Gilbert
    25/07/2016 #2 Bradley Gilbert
    I agree, the focus is totally displaced and even in light of the current presidential political activities, no one is focusing on the important issues - but that's another story.
    Brian McKenzie
    25/07/2016 #1 Brian McKenzie
    A lot of somebodies are not watching - nor even talking about - the unfunded liabilities that are underlying the US health market. It is 1/5 of GDP, 1/3 of the budget (when they write one) and it is set to collapse in ways that make 2007 Housing crash look like a teeter totter in comparison to a bungee jump. If you have cash in that sector - cover your assets.
  19. Bradley Gilbert

    Bradley Gilbert

    18/07/2016
    Bradley Gilbert
    Spot gold falls on revived risk appetite
    video.cnbc.com Prices of the precious metal are slipping on Monday after the failed military coup in...
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  20. Bradley Gilbert

    Bradley Gilbert

    17/07/2016
    Bradley Gilbert
    Why Develop Risk Tolerance? | Bradley Gilbert
    www.bradleygilbert.com Read about how to deal with risks you can't...
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  21. Bradley Gilbert

    Bradley Gilbert

    17/07/2016
    Bradley Gilbert
    Gold prices drop as global risk sentiment improves
    video.cnbc.com The price of the precious metal is set to post its first weekly decline since May as investor risk appetite...
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  22. Bradley Gilbert

    Bradley Gilbert

    13/07/2016
    Bradley Gilbert
    Investors chasing dividends around the world
    video.cnbc.com Discussing the chase for yield, and risk taking in the market, with Jeff Rosenberg, BlackRock, and Bill Nichols, Cantor...
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  23. Bradley Gilbert

    Bradley Gilbert

    13/07/2016
    Bradley Gilbert
    Monetary policy to offset Brexit effect on growth: PineBridge
    video.cnbc.com Michael Kelly, managing director and global head of multi-asset at PineBridge, explains why the firm is willing to put risk on at record levels, despite the market trading at levels far from...
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  24. Bradley Gilbert

    Bradley Gilbert

    12/07/2016
    Bradley Gilbert
    Approaching Operational Risks | Bradley Gilbert
    www.bradleygilbert.com Read about the best approach to managing operational...
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    Comments

    Bradley Gilbert
    12/07/2016 #1 Bradley Gilbert
    A great approach to managing operational risks - Read this!
  25. Bradley Gilbert

    Bradley Gilbert

    12/07/2016
    Bradley Gilbert
    US Treasurys lower as stock rally pulls investors into risk-on trades
    www.cnbc.com U.S. sovereign bond prices were lower Tuesday as investors took on more risk after the S&P 500 hit record...
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