Risikovurdering

Recently we have seen several catastrophic events causing huge disruptions, losses, and panic. There is a growing likelihood that these natural disasters and physical and cyber warfare attacks will increase in frequency and lethality, increasingly impacting civilian infrastructure, due to global warming, increased civil unrest and global tensions as international competition increases.Imagine if two or more occur at the same time? Certainly, cyberattacks can be planned, rehearsed, and launched during the middle of one or more natural events. Up until now we have dealt with each of these events by trying to build systems that are better at detecting, preventing, and protecting us against them. Sadly, we have learned that these events cannot be totally prevented or stopped and have taken their toll.There is a rising chorus arguing that we must learn to, both individually and collectively, become more resilient in the face of these disastrous events. But how? The author believes we can learn to do better by becoming more resourceful, innovative, collaborative, and by taking a page from how we fight wars.This book details how these measures can be adapted to keep our systems operational and to rapidly reconstitute lost infrastructure.

In today's uncertain times, risk has become the biggest part of management. Risk management is central to the science of prediction and decision-making; holistic and scientific risk management creates resilient organizations, which survive and thrive by being adaptable. This book is the perfect guide for anyone interested in understanding and excelling at risk management.It begins with a focus on the foundational elements of risk management, with a thorough explanation of the basic concepts, many illustrated by real-life examples. Next, the book focuses on equipping the reader with a working knowledge of the subject from an organizational process and systems perspective. Every concept in almost every chapter is calibrated to not only ISO 9001 and ISO 31000, but several other international standards.In addition, this book presents several tools and methods for discussion. Ranging from industry standard to cutting edge, each receives a thorough analysis and description of its role in the risk management process. Finally, you'll find a detailed and practical discussion of contemporary topics in risk management, such as supply chain risk management, risk-based auditing, risk in 4.0 (digital transformation), benefit-risk analyses, risk-based design thinking, and pandemic/epidemic risk management.Jayet Moon is a Senior ASQ member and holds ASQ CQE, CSQP, and CQIA certifications. He is also a chartered quality professional in the U.K. (CQP-MCQI). He earned a master's degree in biomedical engineering from Drexel University in Philadelphia and is a Project Management Institute (PMI) Certified Risk Management Professional (PMI-RMP). He is a doctoral candidate in Systems and Engineering Management at Texas Tech University

This book gives a self-contained, intuitive overview of some of the most important topics of finance, such as investment risk, market pricing and market efficiency, arbitrage, hedging, and the pricing and application of financial derivatives. It provides a first-principles introduction to the relevant material and concepts, emphasising intuition. Financial terminology, and the understanding implicit therein, is carefully introduced. The books starts with finance in the most general terms, and gradually specialises to investment theory and then derivatives. This book is tailor-made for readers new to finance, such as graduate students entering or interested in finance, or financial practitioners moving to a more quantitative role.

The coronavirus crisis and related business failures are widely discussed topics, with COVID-19 raising many concerns about existing risk management models. Many companies have struggled to understand which factors to consider in their business model to address the new risks associated with the pandemic. The resulting financial crisis has highlighted the importance of further research on risk management that will allow businesses to develop feasible models for handling various risks in the ongoing crisis and recovery period.Existing academic studies emphasise the necessity of revised risk management models, but focus on the risk posed by Artificial Intelligence and other advanced technologies. The detailed study thus fulfils the vital need to understand how the risk management strategies of businesses should be revised, to adapt to changes brought about by the pandemic.This book is essential reading for students studying risk management, researchers examining the relation between advanced technology and risk management mitigation strategies, businesses working on their strategies around managing risk, and policymakers looking for necessary policy changes for an effective support to businesses.

Operational risk managers in the financial services industry must have a solid understanding of the best practices for the implementation of an effective risk management framework and the management of operational risk. Practices for Operational Risk Management is designed to deliver a deep, practical understanding of operational risk management, risk management frameworks and measurement methodologies in financial institutions. Written by a practitioner author team from major financial institutions around the globe, current and new operational risk managers will find this primer a valuable resource.

This book presents the state-of-the-art applications of machine learning in the finance domain with a focus on financial product modeling, which aims to advance the model performance and minimize risk and uncertainty. It provides both practical and managerial implications of financial and managerial decision support systems which capture a broad range of financial data traits. It also serves as a guide for the implementation of risk-adjusted financial product pricing systems, while adding a significant supplement to the financial literacy of the investigated study.The book covers advanced machine learning techniques, such as Support Vector Machine, Neural Networks, Random Forest, K-Nearest Neighbors, Extreme Learning Machine, Deep Learning Approaches, and their application to finance datasets. It also leverages real-world financial instances to practice business product modeling and data analysis. Software code, such as MATLAB, Python and/or R including datasets within a broad range of financial domain are included for more rigorous practice.The book primarily aims at providing graduate students and researchers with a roadmap for financial data analysis. It is also intended for a broad audience, including academics, professional financial analysts, and policy-makers who are involved in forecasting, modeling, trading, risk management, economics, credit risk, and portfolio management.

Technische Maßnahmen, die es Cyberangreifern schwer machen, dienen zur Abschreckung, weil Hacker immer nur so hoch springen, wie sie müssen. Bei komplexen und vor allem sicherheitsrelevanten IT-Infrastrukturen reichen diese technischen Maßnahmen allein jedoch oft nicht aus.Dieses Lehrbuch betrachtet alle Aspekte der IT-Sicherheit und effektive Maßnahmen, um Angriffe zu detektieren und sich erfolgreich dagegen zu wehren. Es behandelt allgemeine Angriffsmechanismen und Angriffsszenarien, die von Angreifern angewendet werden. Dabei soll klar werden, dass es nicht ausreichend ist, Firewall-Regeln sauber zu konfigurieren oder die aktuellsten Patches einzuspielen. Vielmehr muss ein ganzheitlicher Ansatz gewählt werden, der Nutzende einschließt (Awareness) und funktionierende Prozesse für den Fall eines konkreten Angriffs etabliert. Das Buch zeigt, wo die Schwachstellen liegen, wie man sie schließt, wie man Angriffe erkennt und wie man sie erfolgreich abwehrt.

As the title indicates, this book is about risk management and about insurance and provides an essential resource for all those involved in delivering high quality advice about protecting both personal and property for all Australians, their families and businesses. Financial planning involves more than just solving accumulation of capital problems. It has evolved to include advising on strategies to protect assets against catastrophic events should they happen and reducing their financial impact. This book introduces the risk management process and shows how insurance fits into the process. It also outlines how the process is applied to small business, personal property and personal financial protection; that is, the book focuses on the practical application of the techniques.Financial planning exists in a dynamic environment where legislative change is the only constant. From the introduction of the new Corporations Act (2001), the FOFA legislation and the new education requirements adopted by the Turnbull government signals the government's expectations of higher professional and ethical standards of financial planners.The third edition goes a long way in meeting these increased expectations as it includes the new legislative reforms as well as the reforms contained in the Insurance Contracts Amendment Act 2013. (the Act). This Act introduces changes such as to: the duty of disclosure, subrogation, misstatement of age, the removal of unfair terms in insurance contracts and much more. It also includes the FOFA reforms and advice to financial planners on conducting due diligence. Many sections have been updated and additional cases and illustrated examples added. The sections in the 2nd edition referring to New Zealand have been removed to avoid confusion with the Australian insurance scene.Insurance and Risk Management is the only Australian text book that focuses exclusively on the Australian Insurance Contracts Act 1984, Australian regulatory environment, Australian insurance environment, Australian insurance policies and as such, is an invaluable resource for Australian students and professionals.It: includes all the material that is required to be covered for graduates to gain entry into the Financial Planning Association of Australia meets the education content requirements for the proposed legislation to raise the professional standards of financial planners provides a practical explanation of risk management and its application explains complicated and technical general and life insurance concepts in plain English outlines how the general and life insurance industries operate in Australia provides practical instruction that will enhance the financial planning and insurance curriculums, and empowers readers to present life and general insurance risk management solutions in an authoritative and professional manner.Insurance and Risk Management is an invaluable resource for practicing financial planners, students and the public as the reader is taken from the basics through to a deeper level of understanding on a range of topics. Each chapter concludes with specific review questions, which makes the book particularly useful for: Diploma of Financial Planning students Advanced Diploma of Financial Planning students students studying for a degree in financial planning or as a major/minor area of study in an accounting or other degree students studying for a master's degree in financial planning or as part of a master's degree in business, or those who wish to know how a better understanding of risk management and the application of insurance can increase the financial security of their families and businesses.

This book attempts to look into the genesis of security culture as a concept which emerged with the recognition of the role of the human factor in the context of security. It traces the rapid evolution of security culture into a multi-functional discipline reinforced by supplementary tools such as assessment and enhancement methodologies, reviews practical steps to harmonize nuclear safety and security culture as well as recommends its practical application to address insider threats and their consequences. In addition, it demonstrates how to tailor the generic model of nuclear security culture to meet specific needs of diverse facilities and activities in different countries. Finally, the book discusses several challenges which need to be addressed to make security culture a user-friendly, universal, and sustainable instrument to turn the perception of the human factor as a liability into an asset of nuclear security.

As a financial advisor, you play a crucial role in ensuring your clients have the resources they need to make informed decisions about their health and financial well-being. Medicare is a remarkably complex and ever-changing aspect of retirement planning, and it can be easy to fall into common mistakes that could have significant consequences for your clients.That's why I wrote this book - 10 Medicare Mistakes Financial Advisors Make and How to Avoid Them. In it, I'll outline the top 10 mistakes financial advisors make when navigating Medicare and provide actionable steps for avoiding them. Whether you're a seasoned pro or just starting, this book will help you understand the Medicare system and avoid costly missteps that could impact your client's health and financial stability

This book aims to clarify the priorities of the Sendai Framework for the DRR 2015 - 2030, through gathering recent contributions addressing the different ways researchers define, measure, reduce, and manage risk in the challenge of the DRR. Beyond a discussion of the different definitions of disaster risk; this book provides contributions focused on optimization approaches that support the decision-making process in the challenge of managing DRR problems considering emerging disaster risks in the medium and long term, as well as national and local applications. Some of the topics covered include network flow problems, stochastic optimization, discrete optimization, multi-objective programming, approximation techniques, and heuristic approaches.The target audience of the book includes professionals who work in Linear Programming, Logistics, Optimization (Mathematical, Robust, Stochastic), Management Science, Mathematical Programming, Networks, Scheduling, Simulation, Supply Chain Management, Sustainability, and similar areas. It can be useful for researchers, academics, graduate students, and anyone else doing research in the field

This book contains the papers presented at the XXXI International Congress INGEGRAF ¿Graphic Expression: reunion, reflection, representation,¿ held on June 29¿30 and July 1, 2021, in Málaga, Spain. It reports on cutting-edge topics in product design and manufacturing, such as industrial methods for integrated product and process design, innovative design and computer-aided design. Further topics covered include virtual simulation and reverse engineering, additive manufacturing, product manufacturing,engineering methods in medicine and education, representation techniques and nautical, engineering and construction, aeronautics and aerospace design and modeling. The book is divided into six main sections, reflecting the focus and primary themes of the conference. The contributions presented here provide researchers, engineers and experts in a range of industrial engineering subfields with extensive information to support their daily work; but also they are intended to stimulate new research directions, advanced applications of the methods discussed and future interdisciplinary collaborations.

When it comes to managing cybersecurity in an organization, most organizations tussle with basic foundational components. This practitioner's guide lays down those foundational components, with real client examples and pitfalls to avoid.A plethora of cybersecurity management resources are available-many with sound advice, management approaches, and technical solutions-but few with one common theme that pulls together management and technology, with a focus on executive oversight. Author Ryan Leirvik helps solve these common problems by providing a clear, easy-to-understand, and easy-to-deploy foundational cyber risk management approach applicable to your entire organization.The book provides tools and methods in a straight-forward practical manner to guide the management of your cybersecurity program and helps practitioners pull cyber from a "e;technical"e; problem to a "e;business risk management"e; problem, equipping you with a simple approach to understand, manage, and measure cyber risk for your enterprise. What You Will LearnEducate the executives/board on what you are doing to reduce riskCommunicate the value of cybersecurity programs and investments through insightful risk-informative metricsKnow your key performance indicators (KPIs), key risk indicators (KRIs), and/or objectives and key resultsPrioritize appropriate resources through identifying program-related gapsLay down the foundational components of a program based on real examples, including pitfalls to avoidWho This Book Is ForCISOs, CROs, CIOs, directors of risk management, and anyone struggling to pull together frameworks or basic metrics to quantify uncertainty and address risk

The bestselling "bible" of risk management gets a comprehensive update, with special attention to the pandemic crisis, new emerging risks associated with digital finance and the emergence of disruptive new technologies and FinTechThe Essentials of Risk Management has long been the go-to guide to financial risk management, combining academic research with real world applications. Now, in this thoroughly updated edition, the authors revisit previously covered topics while addressing a wide range of new issues-from the pandemic to new technologies such as machine learning (ML), artificial intelligence (AI), climate change and distributed ledger technology (DLT).This third edition of continues to cover all the relevant topics, from the structure and workings of various financial markets and the financial instruments used in risk management, to best-practice risk policies, methodologies, and infrastructure. Using simple language and step-by-step techniques, the authors show you how to implement risk management programs in complex areas such as market risk management, credit portfolio management, economic capital, asset-liability management and stress testing.New chapters address:The consequences of the COVID-19 pandemic from a risk perspectiveThe emergence of new technologies that have facilitated the explosion of FinTech companies that compete with traditional banks to provide financial services cheaper, more user-friendly and with greater efficiencyThe dramatic increase in the size and scale of cyber risk, anti-money laundering risk, and reputation risk, as well as the concept of risk appetite and risk adjusted returns, all of which have become more prominent over the last decadeRisk management issues specific to start-ups, and moreThere's no need to lurch from crisis to crisis. Whether you're a senior manager trying to assess risk in a rapidly changing environment or a corporate CFO struggling to follow emerging rules, standards, and conventions, this book provides a detailed, up-to-the-minute, non-mathematical look at risk management, with clear objectives and step-by-step techniques for achieving them.

Are you lost when it comes to planning for retirement? Not sure where to start? Has everyone given you their opinion? Are you overwhelmed with any and every type of retirement plan out there?The honest truth is that not all retirement plans are made equal. There aren't one-sized fits all approach to retirement planning. Most planners treat it like a fast food restaurant and give their customers the same thing. But it's just not that simple. This book will help you understand more about retirement planning and processes involved. Here, you will find out:The importance of retirement planningHow much money you will need for retirementWhere your money will come fromBuilding a retirement nest egg!Asset allocation and diversificationActive vs Passive Investment managementTroubleshooting and catching upYour about to discover how to prepare for your Retirement and more with Retirement Planning: The Ultimate Guide to being prepared for your Retirement!You won't find your usual and boring old tips you've heard millions of times before. This guide is full of up-to date information, hot of the press and will help you reach goal of an easy stress-free retirement!

This book highlights the approaches for achieving trans-disciplinary research integration for "e;semi-arid dryland agriculture systems"e; under changing climates, while also identifying the elements of a collaborative research agenda that are needed to advance global food security. The book emphasizes climate change being a reality and how drylands are bearing the brunt in diverse ways. The major impact of dryland agriculture is on communities that need to: avoid the short- and long-term impacts of the changing climate; adapt strategies that can minimize these impacts; and be able to mitigate climate change, for which they need climate smart interventions. These interventions are only realized through knowledge and experience sharing among stakeholders from different sectors and backgrounds. It is in this context that the publication was seen as a necessity in order to bring together ideas that will transform lives and build adaptation capacities, thereby providing the much-needed products in communities leading to development

Many emerging market countries are bank-based economies and are increasingly affected by geopolitical risks, U.S. dollar dynamics, regulations, preferential trade agreements (PTAs), MNCs (that often function like international organizations), social networks, labor dynamics, cross-border spillovers and the inefficient expansion of formal/informal microfinance. Country risks, informal economies (that account for 20-50 percent of the national economy of many emerging market countries), investor protection, enforcement commitment, compliance costs, sustainability (environmental, social, economic and political sustainability), economic growth, political stability, financial stability, geopolitical risk, social networks, household economics, inequality and international trade outcomes can vary dramatically across many DECs and LDECs due to these phenomena. The COVID-19 pandemic has illustrated the many problems inherent in political systems, economic policy and governments¿ emergency powersduring pandemics/epidemics and economic/financial crisis.This second volume focuses on geopolitical risks that are intertwined with constitutional political economy and labor issues, alongside addressing some of the financial and constitutional crises that occurred in Europe, Asia and the U.S. during 2007-2020. This book provides analysis of complex systems and the preferences and reasoning of state/government and corporate actors in order to develop better artificial intelligence and decision-system models of geopolitical risk, public policy and international capital flows, all of which are increasingly important decision factors for investment managers, boards-of-directors and government officials.

Dieses Buch bietet eine prägnante und dennoch umfassende Einführung in die Resilienz von Lieferketten, die Management-, Modellierungs- und Technologieperspektiven abdeckt. Es wurde als Begleitlektüre zum Lehrbuch "Global Supply Chain and Operations Management" konzipiert und befasst sich eingehender mit den Themen Risiken und Widerstandsfähigkeit von Lieferketten, beschreibt die wichtigsten Merkmale der Widerstandsfähigkeit von Lieferketten und erläutert Methoden zur Abschwächung von Unterbrechungen der Lieferkette und zur Wiederherstellung. Zur Veranschaulichung der theoretischen Konzepte werden zahlreiche praktische Beispiele und kurze Fallstudien angeführt. Ohne sich stark auf mathematische Ableitungen zu stützen, erklärt das Buch die wichtigsten Konzepte und Methoden zum Aufbau und zur Verbesserung der Widerstandsfähigkeit von Lieferketten und zur Bewältigung von Risiken bei Unterbrechungen der Lieferkette in einem einfachen, einheitlichen Format, das Studenten und Fachleuten mit Management- und Ingenieurhintergrund das Verständnis erleichtert. Doktoranden und Supply-Chain-Fachleute profitieren gleichermaßen von der strukturierten, didaktisch orientierten und prägnanten Darstellung der Konzepte, Prinzipien und Methoden des Supply-Chain-Resilience-Managements, der Modellierung und der technologischen Umsetzung.