Archive for September, 2007

Maturity Models as a Vehicle for Improving Risk Management Practices

Monday, September 24th, 2007

CEOs now readily recognize that risk is ubiquitous Also boards commonly accept the tenet that risk management improves business performance. However the benefits of risk management derived by organizations will depend directly on the level of maturity of their risk management practices.

In the absence of an organization-wide knowledge infrastructure, repeatable results depend entirely on the availability of specific individuals with a proven track record - and this does not necessarily provide the basis for long-term success and continual improvement throughout an organization. As a result, organizations are increasingly turning to maturity models for assessing and improving processes on the premise that the quality of a system or product is highly influenced by the quality of the process used to develop and maintain it.

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Don’t be a Laptop Loser

Monday, September 24th, 2007

Earlier this year, a laptop containing salary details, addresses, dates of birth, national insurance numbers and phone numbers of some 26,000 employees went missing from a printing firm, which was writing to workers at a major retailer about pension changes. Also, at a large public sector organisation, sensitive information about more than 16,000 council workers was put at risk as the result of another laptop theft. Identity theft is the possible result of such losses.

In the UK, the instance of laptop thefts outside the home or office increased on average by 6% in 2006; and in some areas, year-on-year increases were up to 45%.

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