Tag: Risk

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Yahoo Hacks Highlight Cyber Flaws Japan Rushing to Thwart

Shortly after the alert sounded at 9:10 p.m., Yahoo Japan Corp.’s risk team knew it had a problem. More than 20 million usernames and passwords belonging to its customers were being dumped into a file, primed to be stolen. “What the hell are you doing?” the team asked the Yahoo employee whose account was capturing the encrypted data. The download was blocked immediately, Motonobu Koh, a risk manager, recalled in a recent interview. Then the worker replied: “I’m not doing anything. I’m at home.” The April 2013 breach of Yahoo Japan, controlled by billionaire Masayoshi Son’s SoftBank Corp., was an

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Can nature help us solve risk management issues?

William H. Saito, President and Chief Executive Officer of InTecur, explains how nature is the best example of risk management Risk management is not new. It is something we are born with. The most basic risk management systems are part of our DNA. We adapt, develop and occasionally improve on aspects of our natural heritage to build resilience. Nature evolves – it changes, it learns, it gets better. This is key to long-term success and one we must embrace. The same principles apply to Enterprise Risk Management (ERM) as they do to IT security, or any other form of catastrophic

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