Risk Analysis for the Digital Age


Book Description

This book presents a foray into the fascinating process of risk management, beginning from classical methods and approaches to understanding risk all the way into cutting-age thinking. Risk management by necessity must lie at the heart of governing our ever more complex digital societies. New phenomena and activities necessitate a new look at how individuals, firms, and states manage the uncertainty they must operate in. Initial chapters provide an introduction to traditional methods and show how they can be built upon to better understand the workings of the modern economy. Later chapters review digital activities and assets like cryptocurrencies showing how such emergent risks can be conceptualized better. Network theory figures prominently and the book demonstrates how it can be used to gauge the risk in the digital sectors of the economy. Predicting the unpredictable black swan events is also discussed in view of a wider adoption of economic simulations. The journey concludes by looking at how individuals perceive risk and make decisions as they operate in a virtual social network. This book interests the academic audience, but it also features insights and novel research results that are relevant for practitioners and policymakers.




How's Life in the Digital Age? Opportunities and Risks of the Digital Transformation for People's Well-being


Book Description

This report documents how the ongoing digital transformation is affecting people’s lives across the 11 key dimensions that make up the How’s Life? Well-being Framework (Income and wealth, Jobs and earnings, Housing, Health status, Education and skills, Work-life balance, Civic engagement and ...




Measuring and Managing Information Risk


Book Description

Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide, Measuring and Managing Information Risk provides a proven and credible framework for understanding, measuring, and analyzing information risk of any size or complexity. Intended for organizations that need to either build a risk management program from the ground up or strengthen an existing one, this book provides a unique and fresh perspective on how to do a basic quantitative risk analysis. Covering such key areas as risk theory, risk calculation, scenario modeling, and communicating risk within the organization, Measuring and Managing Information Risk helps managers make better business decisions by understanding their organizational risk. - Uses factor analysis of information risk (FAIR) as a methodology for measuring and managing risk in any organization. - Carefully balances theory with practical applicability and relevant stories of successful implementation. - Includes examples from a wide variety of businesses and situations presented in an accessible writing style.




IT Management in the Digital Age


Book Description

This book examines the massive changes currently taking place in the business world and commonly known under the label “digitalization.” In addition, it describes the significant impacts of technological innovations on processes, products, services and business models. The digital transformation resulting from these developments leads to disruption for many enterprises and industries. While for many years, IT departments mainly concentrated on fulfilling the requirements of business departments effectively and efficiently by means of high-quality IT services and operations, today’s IT departments are increasingly expected to actively co-design and co-create the enterprise. This book describes how information technology enables innovation for businesses, and how IT departments can proactively and in a timely manner collaborate with the business departments of their corporation to leverage these innovations. It also delineates the implications of digitalization for the structures, processes and people in today’s IT departments. IT leaders and managers who are responsible for corporate IT, as well as practice-oriented researchers, will find valuable inspirations and guidance in this book, the central mission of which is to encourage and enable a more proactive role for IT in the digital transformation processes. "This book demonstrates the impact of digital transformation on IT organizations and their management. It also presents potential risks for technology availability, security and data protection. The authors develop a vision of what IT management should look like in ten years if it is to continue playing an important role in the company. The book seeks to motivate IT executives and managers with IT responsibility to actively adapt their thinking and their IT organizations before they are forced to react to external pressure. Definitely worth reading!" Sven Kreimendahl, Director Business Technology Services, Campana & Schott




Safety in the Digital Age


Book Description




Operational Risk Management


Book Description

OpRisk Awards 2020 Book of the Year Winner! The Authoritative Guide to the Best Practices in Operational Risk Management Operational Risk Management offers a comprehensive guide that contains a review of the most up-to-date and effective operational risk management practices in the financial services industry. The book provides an essential overview of the current methods and best practices applied in financial companies and also contains advanced tools and techniques developed by the most mature firms in the field. The author explores the range of operational risks such as information security, fraud or reputation damage and details how to put in place an effective program based on the four main risk management activities: risk identification, risk assessment, risk mitigation and risk monitoring. The book also examines some specific types of operational risks that rank high on many firms' risk registers. Drawing on the author's extensive experience working with and advising financial companies, Operational Risk Management is written both for those new to the discipline and for experienced operational risk managers who want to strengthen and consolidate their knowledge.




Risk Communication and Infectious Diseases in an Age of Digital Media


Book Description

In a digital world where the public’s voice is growing increasingly strong, how can health experts best exert influence to contain the global spread of infectious diseases? Digital media sites provide an important source of health information, however are also powerful platforms for the public to air personal experiences and concerns. This has led to a growing phenomenon of civil skepticism towards health issues including Emerging Infectious Diseases and epidemics. Following the shift in the role of the public from recipients to a vocal entity, this book explores the different organizational strategies for communicating public health information and identifies common misconceptions that can inhibit effective communication with the public. Drawing on original research and a range of global case studies, this timely volume offers an important assessment of the complex dynamics at play in managing risk and informing public health decisions. Providing thought-provoking analysis of the implications for future health communication policy and practice, this book is primarily suitable for academics and graduate students interested in understanding how public health communication has changed. It may also be useful to health care professionals.




Information Security and Auditing in the Digital Age


Book Description

This book provides a recent and relevant coverage based on a systematic approach. Especially suitable for practitioners and managers, the book has also been classroom tested in IS/IT courses on security. It presents a systematic approach to build total systems solutions that combine policies, procedures, risk analysis, threat assessment through attack trees, honeypots, audits, and commercially available security packages to secure the modern IT assets (applications, databases, hosts, middleware services and platforms) as well as the paths (the wireless plus wired network) to these assets. After covering the security management and technology principles, the book shows how these principles can be used to protect the digital enterprise assets. The emphasis is on modern issues such as e-commerce, e-business and mobile application security; wireless security that includes security of Wi-Fi LANs, cellular networks, satellites, wireless home networks, wireless middleware, and mobile application servers; semantic Web security with a discussion of XML security; Web Services security, SAML (Security Assertion Markup Language)and .NET security; integration of control and audit concepts in establishing a secure environment. Numerous real-life examples and a single case study that is developed throughout the book highlight a case-oriented approach. Complete instructor materials (PowerPoint slides, course outline, project assignments) to support an academic or industrial course are provided. Additional details can be found at the author website (www.amjadumar.com)




Organizational Auditing and Assurance in the Digital Age


Book Description

Auditing is constantly and quickly changing due to the continuous evolution of information and communication technologies. As the auditing process is forced to adapt to these changes, issues have arisen that lead to a decrease in the auditing effectiveness and efficiency, leading to a greater dissatisfaction among users. More research is needed to provide effective management and mitigation of the risk associated to organizational transactions and to assign a more reliable and accurate character to the execution of business transactions and processes. Organizational Auditing and Assurance in the Digital Age is an essential reference source that discusses challenges, identifies opportunities, and presents solutions in relation to issues in auditing, information systems auditing, and assurance services and provides best practices for ensuring accountability, accuracy, and transparency. Featuring research on topics such as forensic auditing, financial services, and corporate governance, this book is ideally designed for internal and external auditors, assurance providers, managers, risk managers, academicians, professionals, and students.




Neighbourhood Watch in a Digital Age


Book Description

Drawing on data from 340 municipalities in the Netherlands as well as ethnographic fieldwork, this book presents original research on neighbourhood watch groups to illustrate how their actions contribute to collective efficacy and lower crime levels. Technological developments like social media and smartphones have changed the landscape of coproduction in public safety, and this book addresses the resultant issues involved with creating effective policy. While digital innovations and securitization have made neighbourhood watch groups effective, they have simultaneously increased the risk of vigilantism, and Lub reveals how stigmatization, ethnic profiling and excessive social control are very real issues, especially in suburban middle-class districts. Crucially, this study raises questions about how the increasing popularity of community crime prevention in a digital age should be framed: as a welcome civic contribution to crime control, or as a social phenomenon adding to an undesirable culture of control. Criminologists, city officials, policy makers and anyone studying neighbourhood activism will find this a fascinating work on crime control.