Baretzky & Partners leaders are available to provide investigation and consultations on the most relevant global business risks, cyber risks and global affairs. Baretzky & Partners also provides research that explores timely business issues and trends to mitigate any risks.
CVaR offers a more comprehensive risk assessment by focusing on the tail-end of loss distributions, where extreme losses occur, unlike Value at Risk (VaR), which only provides a threshold below which a certain percentage of losses fall. VaR tells you the maximum expected loss over […]
NewsRroomIntroduction Data silos occur when data is stored in isolated systems or departments, making it inaccessible or difficult to share with other parts of an organization. While this might seem like a minor operational issue, in the realm of cyber risk management, data silos pose […]
NewsRroomAt its core, information policy involves setting the rules and frameworks that govern the collection, dissemination, and use of information by individuals, organizations, and governments. These policies aim to balance various societal goals, such as promoting transparency and innovation, while also safeguarding privacy, intellectual property, […]
NewsRroomControls 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, […]
NewsRroomThis 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 […]
NewsRroomThese 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 […]
NewsRroomCybersecurity 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 […]
NewsRroomThese 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 […]
NewsRroomThis 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 […]
NewsRroomIt involves creating a detailed inventory of all data assets, categorizing them, and mapping out their flow within the organization. This helps in understanding where data is stored, how it moves, and who has access to it. The primary objective is to mitigate risks related […]
NewsRroomEffective risk management involves a structured approach that integrates into the organization’s overall strategy. Here’s an outline of a comprehensive risk management framework: Risk Identification: Begin by identifying risks that could impact the organization’s objectives. This includes internal risks (operational, financial) and external risks (market, […]
NewsRroomEffective strategies involve a combination of technological tools, community engagement, and individual vigilance. Firstly, enhancing physical security measures is paramount. This includes installing surveillance cameras, alarm systems, and proper lighting around premises to deter criminal activity. Access control systems, such as key cards or biometric […]
NewsRroomOne primary vulnerability is inadequate risk assessment, where potential risks are not identified or evaluated comprehensively. This often stems from a lack of proper methodologies, insufficient data, or underestimation of certain risks, leading to unpreparedness when these risks materialize. Another critical issue is poor communication […]
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