Knowledge

The organisation’s dripping faucets

The organisation’s dripping faucets

A clear agenda for the organization is: "Understand and reduce the risk of cyber-attacks". The management and the board have gradually joined the agenda and understand that we are dealing with a risk that they must deal with. We estimate that cyber can cause extreme...

A guide to a simple probabilistic risk assessment

A guide to a simple probabilistic risk assessment

When you assess IT-risk, you want to understand the probability of certain risk scenarios together with their potentiel loss in monetary values. This is where quantitative solutions come handy. How does a quantitative risk assessment work? How do I get started with...

Why and how to determine the risk appetite

Why and how to determine the risk appetite

A skilled offshore engineer with whom I collaborated gave me a very concrete example of the application of risk appetite. The height of a drilling platform is set according to legislation and standards but also according to the company's risk appetite. How big a wave...

Risk scenarios – why and how?

Risk scenarios – why and how?

If you are an IT expert and are asked to estimate, you may have experienced the frustration of having to estimate based on poorly formulated scenarios. If you are a risk manager and have had to build a risk register, you may also have experienced that it can be tiring...

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