"Sometimes perception is betraying you. You need to use a systematic approach to analyse and determine your risks."
A financial institution was reviewing their bussiness continuity, crisis managment and security plans. In a low threat environment it was hard to nail down the real risk. At the same time there was a low apetite amongst the top management to spend money if no substantial information was motivating an increased level of risk management.
The client who operated in a percieved low risk environment was briefed on the methodology of the risk assessment. This covered statistics specific to the financial sector with global examples where risk has been neglected and caused major impact in terms of financial losses affecting the reputation of the bussiness.
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