Risk management is an essential aspect of modern organisational management. Correctly identifying and mitigating risks can mean the difference between success and failure, profit and loss. In some cases, it can even determine matters of life and death.
While businesses today are highly sophisticated regarding technology and systems, human behaviour remains critical in managing risk. Risk management isn’t just about preventing bad things from happening; it is also about creating a risk-awareness and management culture that empowers employees to identify and report potential risks.
This requires organisations to take a proactive approach to risk management rather than a reactive one. By prioritising the creation of a positive work environment — one that fosters a culture of productivity and success through valuing open communication, mutual respect, and employee well-being — it will go a long way in improving both the human aspect of risk management and the security perspective.
Organisations today are highly dependent on their employees to achieve their goals. However, employees are also a significant source of risk. Human behaviour can be unpredictable and challenging to manage.
Employees may intentionally engage in unethical or illegal behaviour, such as fraud, embezzlement or theft. They may also cause harm by making errors in judgement, failing to follow procedures or neglective safety protocols.
The consequences of these actions can be severe. They can result in significant financial losses, damage to reputation, legal liabilities and even loss of life.
As such, it is essential for organisations to be aware of the risks associated with human behaviour and take proactive steps to mitigate them. Having a comprehensive overview of human risk and the different ways it can manifest in an organization will go a long way in helping you to create a successful organisation.
Boaz Fischer, an NLP Master Practitioner and Trainer with over a decade of consultancy experience, has personally witnessed the destructive impact of questionable workplace behaviour on companies and their cultural environment. His mission is to serve as Australia’s Trusted Authority on Insider Risk Management, helping business leaders comprehend the cybersecurity risks originating from their own employees and implementing effective strategies to manage and mitigate these risks.
As a cyber security expert par excellence, Boaz Fischer possesses the specialised knowledge necessary to guide you through the treacherous waters and proactively prevent catastrophic cyber breaches. His impressive clientele includes three of Australia’s largest banks, numerous Federal and State government agencies, and the country’s largest national telecommunications organisations. Drawing on his vast experience as a cybersecurity consultant and fellow business owner, he equips CEOs and board members with the insights and tools needed to safeguard their high-value assets from insider cyber threats.
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