Tag Archives: risk assessment
Cybersecurity Lessons from the Pandemic: Perception of Risk
September 28, 2020 – 6:00 am
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The more “mature” among us may recall when decision-making under uncertainty was based on the concept of “rational economic man.” We estimated or calculated the probability and amount of a loss (or gain) of various courses of action, multiplied the numbers together to arrive at a range of…
Cybersecurity Lessons from the Pandemic – Positive and Negative Feedback
September 14, 2020 – 6:00 am
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Systems use negative feedback in order to converge to stability and equilibrium (a positive quest). Positive-feedback systems diverge, which leads to instability and sometimes surging out of control (usually a negative outcome). Negative feedback inhibits and positive feedback amplifies. Each has…
The Personalization of Risk
December 19, 2011 – 6:00 am
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I realized when I received several comments regarding my September 12, 2011 column “Risk Mismanagement – Scoring vs. Monte Carlo vs. Scoring” from Doug Hubbard and others, that I hadn’t been clear enough in my description of what I had termed “subjective risk.” It also seems that it…
Learned Lessons Are Not the Whole Picture
August 2, 2010 – 6:00 am
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I am certainly a strong proponent of learning from disasters, as asserted in my June 14, 2010 column “Cyber Lessons Learned from the Gulf Oil Catastrophe,” for example. Consequently I felt somewhat vindicated in that view by an article by William J, Broad on the front page of the Science…
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