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Events are the Heart of the COSO ERM Framework

2008-01-24 15:04:26 by Tim Bass in The Complex Event Processing Blog
 
COSO was originally formed in 1985 to sponsor the National Commission on Fraudulent Financial Reporting, an independent private sector initiative which studied the cause-and-effects that can lead to fraudulent financial reporting COSOdeveloped enterprise risk management (ERM) recommendations for public companies and their independent auditors,...
 
Tags: coso, events, erm, cep, core cep concept, fraudulent financial, independent auditors, enterprise risk management, independent
 
 
 
 
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Is there a "silver bullet" to IT Compliance Management?

The Article has images
2007-12-06 13:12:00 by Ryan Shopp in practical risk management
...COSO (Committee of Sponsoring Organizations Internal ControlIntegrated Framework"), or any other generally accepted control framework could be used. Note: it did not say COSO was the only one But COSO can pose a problem...COSO doesnt set out details. As its name implies, it is a framework Each organization must still go through the...
 
Tags: compliance, compliance management, silver bullet, compliance institute, standards, numerous standards organizations, compliance close, controls, compliance requirements
 
 
 
 
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IT Risk Management

2008-03-28 13:09:26 by Marc Othersen in Security & Risk Management
 
...COSO. In particular, the framework will be based on event identification, risk assessment, risk response, and control activities. The IT context is established by utilizing the ITIL framework for IT service delivery. IT services are used to identify risk events. Scenarios are developed for each identified risk outlining the actions necessary...
 
Tags: risk management, risk, risk management framework, risk events, major risk, risk assessment, key risk indicators, framework, risk response
 
 
 
 
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UPDATES GALORE! or, THE PRONOUN WE MEANS YOU AND ME!

2008-08-13 15:24:17 by Alex in RiskAnalys.is
 
...COSO/CoBIT/Whatever) heres how it fits, makes it better, and improves your life. Im pretty excited about these, and our first document looks like its going to be COSO integration THE OPEN GROUP SECURITY FORUM - THEYRE A TRUSTING BUNCH (WITH QUALIFICATION, OF COURSE Finally, many people have asked me Why work with The Open Group? There are...
 
Tags: risk, risk assessment methodologies, security forum, forum, magic-fairy risk, risk standards, fair, risk-world, fair similarly helps
 
 
 
 
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Risk Management and Analysis Standards Update

2008-06-17 16:51:27 by Alex in RiskAnalys.is
 
...COSO efforts, etc SO WHAT DOES THIS MEAN TO YOU Well, it means a couple of things. First, you have somewhere to go where people are vetting the models. There is a forum of users and people with the same risk management issues and challenges as you have, but that are committed to working together to make things better. A forum in which you can...
 
Tags: risk management, risk management departments, risk management effort, standards, risk, risk management efforts, risk management issues, security standards, risk management standards
 
 
 
 
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Fundamentalism in Risk & Security

2008-07-08 13:16:04 by Alex in RiskAnalys.is
 
...COSO, blah, blah, blah). Rather Id like to talk about some essential things I think our industry needs to sort out before it can move on towards a more scientific view of the world. And by sort out of course, I mean agree with me on CANT WE ALL JUST GET ALONG 1 - Can we agree that risk is a probability issue Now obviously, you can retreat in...
 
Tags: risk, share, share specific data, data, agree, probability issue, rob writes, rob, security
 
 
 
 
 
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Sergey Zarubin, 31yo
CISSP, CCSP
Moscow, Russia