Information Policy News

Cyber Law and Cybercrimes

2 mins 2 weeks

Intelligence Risk Management is a crucial aspect of safeguarding sensitive information within organizations.

It involves identifying, assessing, and mitigating risks associated with the collection, analysis, and dissemination of intelligence. In an era where information is a key asset, organizations face significant threats, including espionage, cyber-attacks, and insider threats, making intelligence risk management indispensable. The process begins with risk […]

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3 mins 2 mths

Cyber risk quantification is the process of evaluating and measuring the potential impact of cyber threats on an organization’s assets.

This practice involves assessing the probability and consequences of various cyber incidents, such as data breaches, ransomware attacks, and system downtimes, to understand their financial, operational, and reputational impacts. One of the primary methods for cyber risk quantification is through frameworks like FAIR (Factor Analysis […]

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2 mins 2 mths

In reputational risk management, the reputation of counterparties plays a critical role.

Counterparties, which include suppliers, customers, and business partners, can significantly impact a company’s public image and stakeholder trust. A counterparty’s actions and public perception directly influence the reputation of the associated company, often in a ripple effect. Firstly, any unethical behavior, legal issues, or operational […]

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4 mins 2 mths

Controls Management in Risk Management

Controls management is a pivotal element in the framework of risk management, serving as the mechanism by which organizations identify, evaluate, and mitigate risks to achieve their strategic objectives. Effective controls management ensures that risks are kept within acceptable levels, safeguarding the organization’s assets, reputation, […]

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1 min 2 mths

The layered risk framework is a crucial approach in operational risk management, emphasizing multiple defense mechanisms to mitigate risks effectively. 

This framework, often visualized as a series of defensive layers, ensures comprehensive coverage against potential operational failures, fraud, and external threats. At the core of the layered risk framework is the idea of redundancy, where multiple safeguards operate simultaneously to provide a robust defense. The […]

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2 mins 2 mths

Insider risk in cyber risk management refers to the potential threats posed by individuals within an organization who have access to critical systems and data.

These insiders can be employees, contractors, or business partners, and the risks they pose can be either intentional or unintentional. Intentional threats include malicious activities such as data theft, sabotage, or fraud, often motivated by financial gain, personal grievances, or coercion by external actors. Unintentional […]

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2 mins 2 mths

Cybersecurity awareness and threat intelligence are crucial in the digital age, where cyber threats continually evolve.

Cybersecurity awareness involves educating individuals and organizations about the risks associated with cyber activities and the best practices to mitigate these risks. It encompasses understanding the nature of cyber threats, recognizing suspicious activities, and knowing how to respond to potential incidents. This knowledge is essential […]

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2 mins 2 mths

A supply chain breach cyberattack is a critical threat in the realm of cyber risk management, highlighting vulnerabilities that can cascade through interconnected business networks. 

These attacks exploit the trust and reliance businesses place on their suppliers, contractors, and partners, often infiltrating systems through less secure third-party networks. The consequences of such breaches can be severe, including data theft, operational disruption, financial loss, and reputational damage. In a typical supply […]

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3 mins 2 mths

Application and code risk management is a crucial aspect of software development, ensuring the reliability, security, and functionality of software products.

This process involves identifying, assessing, and mitigating risks that could potentially impact the software’s performance or security. One primary element of application risk management is threat modeling, which involves identifying potential threats to the application and determining how to mitigate these risks. This step is […]

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