Amstelveen Risk Update: Edition 3, July 2020

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8 Jul 2020

Topics

Business Risk and Resilience
Risk Transformation
Technology and Cyber Risk

Welcome to the third edition of our Risk periodical, the ‘Risk Update’. In this edition, our team has provided a perspective on three specific risk areas.

Business Continuity Management during COVID

Over the past year, global, political, economic and environmental events have caused significant disruption to organisations and their day to day operations. With organisations slowly returning to ‘normal’ operations, Romana Bizjak discusses considerations for business operating in this context, and the mindset, organisational, and strategic changes which may arise.

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Six remedies to curb your GRC implementation fears

Although their implementation can be challenging, Risk and Compliance software solutions enhance an organisation’s risk management capabilities and practices. Jack Armsworth discusses six strategies to enable the implementation process to be as smooth as possible.

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Key considerations when implementing periodic User Access Reviews

Finally, User Access Reviews are a key technology control area, and often a recurring source of findings. Abishek Rathour explains how to effectively design a user access review process to mitigate the risk of inappropriate access to an organisation’s data.

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I hope that you find this publication both useful and interesting. To provide feedback or input on content, please contact info@amstelveen.com.

David van Gogh
Managing Director of Amstelveen

Amstelveen Risk Update: Edition 3, July 2020

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Technology and Cyber Risk

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We have been anticipating the 2023-2030 Australian Cyber Security Strategy since its development was first announced late 2022 by the Hon. Clare O’Neil MP, Minister for Home Affairs and Minister for Cyber Security. The topic has since evolved through a discussion paper, inviting industry experts and organisations to respond, before its final release expected at the end of 2023. The July appointment of Air Marshal Darren Goldie as Australia’s national cyber security coordinator was also welcomed with high expectations, as it revealed a systematic and operational shift in how Australia will respond to cyber incidents. To round it all up, and as the topic of this article, the Minister recently presented at the 2023 AFR Cyber Summit (18th September 2023), revealing the first plans for how the cyber strategy will be executed, motivated by a heightened push for a government-led and coordinated capability, in the wake of Australia’s recent cyber-attacks. These developments come at a time where the national cyber threat grows exponentially year on year, in-line with the rapid evolution of smart technologies and the increasing number of internet-connected devices circulating personal data.

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Business Risk and Resilience

Amstelveen Risk Update: Edition 4, July 2021

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Compliance and Regulation

How AI will transform the Risk and Compliance industry

The emergence of Artificial Intelligence (AI) has allowed for sweeping benefits to various industries, while simultaneously sparking debate around its usage, implementation, and regulation.

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Risk management expectations are evolving rapidly. How well is your organisation equipped to respond?