One of the hardest parts in documenting your risks is figuring out the root cause of the risk being analyzed. If this is done poorly, we will spend time and money treating the wrong root causes and the risk may…
Spreadsheet risks (a comedy of errors)
Here is a pretty good read by Forrester called “Controls to Mitigate Spreadsheet Risk” about the risks inherent in using spreadsheets; it includes a list of common spreadsheet risks including these: Lack of audit trail Poor security and access controls…
What Causes Risk?
In a previous article, we learned about the difference between the inherent and residual risks you face on the way to work: slipping in the shower, on the driveway or off the road. All these high inherent risks are reduced…