Sunday, January 03, 2016

2016: A New Era of Operational Risk...

As we launch into 2016, Operational Risk Management (ORM) professionals are ready for another challenging year.  The current state of global events that includes uncertain political or economic behavior by nation states and the continuous barrage of certainty with "Internet Asymmetric Warfare," is the new normal.

Reflecting back on 2015, here are the top 5 blog posts by number of page views:

Insider Threat: Trusted Systems of the Future...

Trust Decisions: Beyond RSA and Our Digital Future...

Data Rupture: The Risk of Over-Classification...

Trust Decisions: The Extinction of Risk Management...

InTP: Quality of Design in a New Age of Terror...


There is now anticipation that the world economies are going to continue a meager growth rate, as we enter our 8th year since "The Big Short" in 2008:
When the crash of the U. S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, in bizarre feeder markets where the sun doesn’t shine, and the SEC doesn’t dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can’t pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren’t talking.
From the analysts desktops at "Liberty Crossing" to the Cyber Security Operations Centers (SOC) of dozens of Global 500 private sectors companies, one thing remains certain.  The adversaries are too nimble, unpredictable and ever more so capable of operating on the front lines for months and years in plain sight or even for weeks and months totally undetected.

However, relying on certainty alone and not being simultaneously adaptive or innovative in an accelerating pace of business or Decision Advantage, can get your Board of Directors in real trouble.

In 2016, the dawn of a new Operational Risk Management era shall begin.  In a future state, where people and machines will operate making "Trust Decisions" with greater ease and increasing velocity.  Stay tuned...