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Inside Internal Controls

News and discussion on implementing risk management

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The crown jewels and risk management

When considering information security or cyber risk, you usually concentrate on risk to the ‘crown jewels’ – those information assets and services that are most vital to the enterprise.

 

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Why do some take risks while others do not?

Every time you breathe, you are taking a risk – but usually, the potential for harm is greater if you don’t breathe. (There are exceptions, such as when your head is under water without a breathing mask.) Every time you make a decision, you are taking a risk – creating or modifying the level of a risk. So we are taking risk all the time, in pretty much every facet of our personal and professional lives.

But, I think we all know that when faced with the same situation, some will act one way and others another way.

 

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