risk analysis – Bifrost Analytics

The “New Normal” has different operational resiliency risks

Posted by Dan Shalevon April 10, 2020April 10, 2020in Business Continuity, Governance, Risk and Compliance (GRC), Information Risk, Operational Resilience, operational risk management, risk analysis, Risk Governance, Risk Identification, risk mitigationLeave a comment

Contingent operational resiliency risks represent a creeping threat that require attention sooner rather than later. How can risk management respond rapidly to these contingent risks and prioritize “good enough” mitigations? The “New Normal” exposes institutions to a different set of operational resiliency…

What’s more important: how often you wash your hands or what you just did with your hands?

Posted by Dan Shalevon March 23, 2020March 24, 2020in Governance, Risk and Compliance (GRC), operational risk management, Predictive Analytics, risk analysis, Risk Analytics, Risk IntelligenceLeave a comment

Why is it important not to conflate correlation and causation? . . . And why is this a problem for Operational Risk Management? You have probably taken at least one statistics class at some point. You were probably told that correlation…