Agile Risk Mitigation Framework
Software organisations follow different methodologies for the development of software. The software development methodologies are mainly divided into two categories, including plan-driven and agile development. To attain project success, it is very significant to consider risk management during whole project. Agile development is considered risk-driven, but many risks are unreported at the industrial level.
Cybersecurity Risk Management in Agile development: Protecting Data and System
The rapid evolution of technology and the increasing complexity of systems have made cybersecurity a critical concern for organizations, particularly in the context of Agile development. Agile methodologies prioritize flexibility, collaboration, and iterative progress, which can inadvertently introduce unique cybersecurity risks. This paper explores the integration of cybersecurity risk management practices within Agile development frameworks, emphasizing the need for organizations to proactively address vulnerabilities while maintaining the agility of their development processes.
Risk science offers an integrated approach to resilience
Why do we hear calls to separate and independently manage aspects of risk and resilience that are inherently related? These
arguments are inconsistent with more holistic and integrated responses to wicked challenges—such as climate change—that
are necessary if we are to find balances and synergies. The justification of such views is based on misconceptions of risk science that are no longer accurate. Rather than being irrelevant, the risk concept and related literature provide a wealth of resilience analysis resources that are potentially being overlooked. In this Perspective, we discuss how the modern view of risk can provide an integrated framework for the key aspects of resilience.
Bridging Silos, Building Resilience: The Evolution of Combined Assurance
Combined assurance integrates internal and external assurance efforts, providing a holistic, efficient, and agile approach to risk management in today’s volatile, uncertain, complex, and ambiguous (VUCA) and brittle, anxious, non-linear, incomprehensible (BANI) world. It enhances governance, stakeholder confidence, and organisational resilience, enabling informed decision-making and regulatory compliance.
Cyber Risk and Cybersecurity: a Systematic Review of Data Availability
Cybercrime is estimated to have cost the global economy just under USD 1 trillion in 2020, indicating an increase of more than 50% since 2018. With the average cyber insurance claim rising from USD 145,000 in 2019 to USD 359,000 in 2020, there is a growing necessity for better cyber information sources, standardised databases, mandatory reporting and public awareness. This research analyses the extant academic and industry literature on cybersecurity and cyber risk management with a particular focus on data availability.
Mapping the Future: How Risk Professionals Use Forecasting and Backcasting to Shape Organisational Strategy
Forecasting and backcasting are essential scenario analysis tools for risk professionals. Forecasting projects future risks from current trends, while backcasting starts with a desired future and maps steps to achieve it. Integrating both methods enhances strategic planning, resilience, and proactive risk management in uncertain, complex environments.
Zero Trust Frameworks: A Strategic Imperative for Managing Evolving Cyber Threats
Zero Trust is a modern cybersecurity framework that eliminates implicit trust, requiring continuous verification for every user and device. For risk professionals, it reduces attack surfaces, limits breach impacts, and enhances compliance, making it essential for managing evolving cyber risks in decentralised, cloud-driven, and hybrid work environments.
The Silent Consensus: How Groupthink Undermines Risk Assessment
Groupthink undermines risk management by fostering premature consensus, suppressing dissent, and distorting risk assessments and treatments. This article explores its psychological roots, real-world impacts, and offers practical strategies-structural, cultural, and technological-for risk professionals to mitigate groupthink, promote critical thinking, and enhance organisational decision-making resilience
Perception is Power: How Risk Owners and Champions can transform Decision-Making and Resource Allocation
The article explores how risk perception, shaped by experience, biases, and culture, influences decision-making and resource allocation for risk owners and champions. It offers strategies to align perceptions, overcome biases, and foster a strong risk culture, ultimately enabling organisations to manage uncertainty more effectively and achieve their strategic objectives.
Bridging Perception and Practice: Enhancing Risk Facilitation through Collaborative Strategies
This article explores how perception shapes risk management, highlighting the importance of understanding cognitive biases, fostering collaboration, and leveraging strengths-based and structured approaches. It emphasises embedding risk awareness in organisational culture, using technology, and overcoming barriers, empowering risk facilitators to transform perception into a strategic asset for effective risk management.