March 16, 2013 3:40 PM
Posted by: Robert Davis
Administrative Control,
Asset Management,
Business Continuity,
Continuity Management,
Crisis Management,
Decision Making,
Due Care,
Due Diligence,
Enterprise Governance,
Event Management,
Incident Management,
Information Technology,
IT,
IT Management,
Management Information System,
Operating Style,
Risk Management,
Threat ManagementManagement should establish standards as baselines for measuring quantity, weight, extent, value, or quality. Standards can be considered specific goals or objectives against which performance is compared. Selection of points where performance will be measured is critical to...
March 14, 2013 1:10 AM
Posted by: Robert Davis
Administrative Control,
Asset Management,
Business Continuity,
Continuity Management,
Crisis Management,
Decision Making,
Due Care,
Due Diligence,
Enterprise Governance,
Event Management,
Incident Management,
Information Technology,
IT,
IT Management,
Management Information System,
Operating Style,
Risk Management,
Threat ManagementControlling and monitoring activities attempting to ensure acceptable risk responses include:
- Policies
- Directives
- Standards
- Procedures
- Rules
Strategically;
policies are definite courses or methods of action...
March 8, 2013 10:41 PM
Posted by: Robert Davis
Administrative Control,
Asset Management,
Business Continuity,
Continuity Management,
Crisis Management,
Decision Making,
Due Care,
Due Diligence,
Enterprise Governance,
Event Management,
Incident Management,
Information Technology,
IT,
IT Management,
Management Information System,
Operating Style,
Risk Management,
Threat ManagementUsually, IT risk analysis has four primary goals:
- Identifying assets and their associated values
- Identifying vulnerabilities and threats
- Quantifying the probability and business impact of potential threats
- Providing an economic balance between threat...
March 7, 2013 1:54 AM
Posted by: Robert Davis
Administrative Control,
Asset Management,
Business Continuity,
Continuity Management,
Crisis Management,
Decision Making,
Due Care,
Due Diligence,
Enterprise Governance,
Event Management,
Incident Management,
Information Technology,
IT,
IT Management,
Management Information System,
Operating Style,
Risk Management,
Threat ManagementThe risk management process introduces a systematic approach for identifying, assessing, and reducing risks as well as maintaining defined acceptable risk levels. An IT risk assessment should be considered a key risk management practice area. When management institutionalizes an IT governance...
March 2, 2013 4:38 PM
Posted by: Robert Davis
Administrative Control,
Asset Management,
Business Continuity,
Continuity Management,
Crisis Management,
Decision Making,
Due Care,
Due Diligence,
Enterprise Governance,
Event Management,
Incident Management,
Information Technology,
IT,
IT Management,
Management Information System,
Operating Style,
Risk Management,
Threat ManagementSimilar to business risk management, IT risk management is a continuous process that should be interlaced into the fabric of an entity. IT risks directly impact an entity’s ability to provide goods and/or services at an acceptable price. Inherently, computer hardware and software as well as...
February 28, 2013 2:50 AM
Posted by: Robert Davis
Administrative Control,
Asset Management,
Business Continuity,
Continuity Management,
Crisis Management,
Decision Making,
Due Care,
Due Diligence,
Enterprise Governance,
Event Management,
Incident Management,
Information Technology,
IT,
IT Management,
Management System,
Operating Style,
Risk Management,
Threat ManagementAn entity’s business risk management framework should be a strategic axial enabled to accept diverse strategy spokes. Proactively, business risk management should represent the process whereby an entity methodically addresses risks attached to activities with the objective of achieving sustained...
February 23, 2013 6:44 PM
Posted by: Robert Davis
Administrative Control,
Asset Management,
Business Continuity,
Continuity Management,
Crisis Management,
Decision Making,
Due Care,
Due Diligence,
Enterprise Governance,
Event Management,
Incident Management,
Information Technology,
IT,
IT Management,
Management System,
Operating Style,
Risk Management,
Threat ManagementRisk management is not an issue any ‘going concern’ should consider a platitude used to demonstrate effective leadership. Those responsible for governance...
August 7, 2012 5:48 PM
Posted by: Robert Davis
Accountability,
Accounting,
Application Portfolio Management,
Asset Management,
Audit Assurance,
Audit Committee,
Certified Information Systems Auditor,
Change Control,
Change Management,
Control Processes,
Decision Making,
Enterprise Governance,
ERP,
Fiduciary Responsibility,
Governance Tree,
IT Governanace,
Life Cycle Management,
Organizational Structure,
Project Management,
Risk Management,
Value DeliveryCurrent events posted by various news outlets, including Fox News, the Wall Street Journal, Forbes and Yahoo.com, concerning Knight Capital’s financial debacle, present some very serious allegations regarding managerial due diligence during system development...
January 11, 2011 5:07 PM
Posted by: Robert Davis
Decision Making,
Feedback Control,
Fuzzy Logic,
Goals,
Internal Control Systems,
ITG,
Linear Control,
Logic Control,
Management,
Monitoring,
Objectives,
Organizing,
Planning,
Policy Enforcement,
Policy Formation,
Sequential ControlWithout clear policies that define acceptable IT related behavior, sustaining an effective and efficient internal control system is a remote possibility. Conversely, the formulation of clear IT policies is a mechanism for creating and propagating transparent plans for the achievement of adopted IT...
