Publications

As risk adverse postures are implemented by enterprises attempting to reduce their risk profile exposure these measures are not being translating into actual mitigation mechanisms to build greater resilience.

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Security risk management most often functions in an abstract operating environment disconnected from broader enterprise management practices. This disconnection stifles the effectiveness of security risk reporting and reduces the potential enterprise resilience benefits gained in optimised security risk management. OPTARE Systems considers how adopting a robust framework approach to security risk management can enabler greater interface with broader business operations.

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The function of the security risk assessment is to provide targeted risk reporting to the Enterprise Risk Management (ERM) framework. Accordingly, the value of security risk assessments are the in-depth approach applied to analyse and evaluate security orientated risk to inform measures throughout the broader ERM framework.

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Anticipated to be released in the third quarter of 2009, ISO 31000 has attentive C-level risk management appointment holders preparing for both strategic and operational implications to existing enterprise resilience frameworks. OPTARE Systems takes a look at what to expect from ISO 31000, implications to legacy management systems and how a Chief Security Officer can facilitate seamless interface with this new standard.

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OPTARE Systems provide a primer to migrate existing security risk assessment processes to a quantitative-based approach. Quantitative approaches to security risk assessment enables greater uniformity in analysis reporting and alignment with the risk appetite of the Enterprise Risk Management framework.

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With the protracted downturn in the global economy, OPTARE Systems investigates downstream security implications to companies operating supply chain in developing economies most effected by higher unemployment and reduced social security infrastructure. This articles considers how companies are exposed to social unrest catalysed by deteriorating economic conditions in the disparate context which they have assets and operations.

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Heuristics - the ‘rule of thumb’, experienced based techniques we employ to assist problem-solving - facilitate assessors proficiency and efficiency at risk analysis. However, heuristics can be equally as effective in confounding the results of risk assessments through promoting cognitive biases and skewing results. OPTARE Systems considers practical guidance to identify and reduce the influence of affect and availability heuristics in an enterprise risk management platform.

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OPTARE Systems considers how a “silo-centric” enterprise risk management platform can confound the results from a disaggregated approach to risk analysis.

Registered Users are able to see these articles. Please contact us at adam.peckman@optaresystems.com to get your site membership.