“There is a certain uselessness in saying an organization does not want to accept high risk.”
My latest @ISACA article was published and as I was re-reading this line it resonated with me even more. You have to have more fidelity in how you define risk appetite for it to be useful. More tips on how to do that in the full article here.
On November 7th I was honored by my alma mater, Nova Southeastern University, as the 2018 Distinguished Alumni from the College of Engineering and Computing. It was an amazing event and the alumni association treated us all very well. I was humbled by the caliber of people alongside which I was named. They recited all the accolades of each honoree and it was truly amazing to hear the accomplishments of everyone and I was proud to be called their peer.
I’m very pleased to announce that I’ve been accepted to speak again at next year’s RSA Conference. I’m going to be presenting on an Agent Based Model concept using FAIR risk results jointly with my colleague Joel Amick. Joel’s team and my team worked to develop a POC of this work and we can’t wait to share what we developed with you in March!
Here are the details of the session; please be sure to save it to your agenda!
The December issue of the ISSA Journal was released and my article on the Future of IT Risk is on the cover. The theme for this month’s Journal is “The Next 10 Years” and I wanted to highlight where I saw the industry going. I begin with a look back on the progress away from ordinal scale, verbal risk labels and project out on where things will go. I cover regulatory, insurance, and customer pressures to quantify as well as outline a path forward where risk quantification can be used as a competitive advantage.
Check it out in your mailbox or read it online now.
Jack Jones has created this extraordinary thing in FAIR and it is and will continue to do nothing less than revolutionize our industry. That he decided to share even a little bit of that with me by coauthoring the FAIR book is so incredibly humbling. It’s a gift that I will treasure for the rest of my life.
That I have been good in any way in building risk programs is due entirely to his teachings and mentoring early in my life and I am so incredibly grateful.
One of the best things about the FAIR Institute is the culture of giving back and during my acceptance I offered to anyone that I’d be happy to help them through their journey to risk quantification. I’ll do that again here: if you need support, tips, or just a sympathetic ear while building your risk program, please do reach out. I’d be happy to help :-)
I’m looking forward to participating on this panel discussion at the upcoming FAIR Conference. This is a topic that really speaks to me and I’m looking forward to sharing what I’ve experienced and hearing from the co-panelists about how they’ve accomplished the same.
I really enjoy reading Duncan Watts work and I was blown away by how he assailed the concept of common sense that we all rely upon so readily:
What we don’t realize, however, is that common sense often works just like mythology. By providing ready explanations for whatever particular circumstances the world throws at us, common sense explanations give us the confidence to navigate from day to day and relieve us of the burden of worrying about whether what we think we know is really true, or is just something we happen to believe.
Questioning our perception of reality is pretty heavy and you can spend a lot of time working through that. But in my article I use this idea to break out of the crutch of using common sense to manage risk.
You can read the full article on the @ISACA Newsletter site here.
I was inspired to write this article by a change in the speed limit that happened on a local Interstate. It was a good jumping off point to illustrate the parallels between speed limits and risk appetite and what it takes to change each.
You can read the article on the FAIR Institute website here.