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COBIT 5.1 Initiative Status Update

This item was filled under [ Governance ]

This is an update from ISACA International. The initiative charge from the Board of Directors is to “tie together and reinforce all ISACA knowledge assets with COBIT 5.” COBIT 5 will be a major strategic improvement providing the next generation of ISACA’s guidance on the enterprise governance of IT. Building on the more than 15 [...]

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US security chiefs tricked in social networking experiment

This item was filled under [ Case Studies ]

Anna Chapman need never have bothered with moving to Manhattan to become a sleeper agent for the Russian intelligence service. The experience of another femme fatale, Robin Sage, suggests the 28-year-old spy, who posted raunchy photos on her Facebook profile, should instead have honed her social networking skills. In just a month, Sage made connections [...]

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Bank Negara to curb money laundering and terrorism financing

This item was filled under [ Compliance ]

KUALA LUMPUR: Bank Negara and relevant enforcement agencies have intensified investigation and prosecution against Anti-Money Laundering and Terrorism Financing (AML/TF) activities. Bank Negara deputy governor Datuk Zamani Abdul Ghani, said last year the government formulated a three-year National AML/TF Strategy Plan 2010-2012 as a tool to achieve the desired results as part of the National [...]

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ISO 31000 and the Icelandic volcano crisis

This item was filled under [ Press Release, Standards ]

The air traffic crisis provoked by the Icelandic volcano eruption, with its accompanying economic and societal effects, is analyzed through the lens of the ISO 31000 risk management standard by the leader of the group of ISO experts who developed it. Read more here: http://www.iso.org/iso/pressrelease.htm?refid=Ref1317

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Google Wi-Fi snooping not so bad: privacy commissioner

This item was filled under [ Case Studies ]

The Privacy Commissioner, Karen Curtis, has embarrassed Communications Minister Stephen Conroy by playing down the seriousness of Google’s Wi-Fi spying bungle. Authorities all over the world are investigating Google, including the Australian privacy watchdog and Australian Federal Police, for sucking up 600GB of “payload data” from unsecured wireless networks over several years while taking pictures [...]

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Release of the Methodware product ERA 7.1

This item was filled under [ Methodware ]

Methodware released ERA7.1 with engine CS7.1.44. Clients on Methodware ERA7.1 can download the latest release from the client centre.

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BP chief executive Tony Hayward admits his job is under threat over oil spill

This item was filled under [ Case Studies ]

Tony Hayward, chief executive of BP, has signalled for the first time that his job could be under threat if the company is unable to swiftly resolve the oil slick crisis in the Gulf of Mexico. Mr Hayward admitted that, while he felt under no immediate pressure to step down, his career was likely to [...]

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Monitoring of Internal Controls and IT (Exposure Draft)

This item was filled under [ Standards ]

The main goals/aims of the publication are expanding the 2009 COSO Guidance on Monitoring of Internal Controls by bringing emphasis to the monitoring of application and IT general controls and discussing the use of automation (tools) for increased efficiency and effectiveness of monitoring processes. The authors also move away from a mere conceptual elaboration on [...]

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Methodware ERA7.1 is here!

This item was filled under [ Methodware, Uncategorized ]

We are pleased to announce the latest release of our flagship GRC software, ERA. ERA 7.1 is part of Methodware’s continuing effort to provide solutions that meet the changing needs of our clients. The most significant new feature is Audit Management – now you have fully featured audit planning and scheduling integrated with the risk, [...]

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Fat Finger Syndrome Strikes NYSE

This item was filled under [ Case Studies ]

P&G Stock Down By 20%, Accenture Hits 1 Cent: Computer Glitch? Stock Market Today: Why did the Proctor and Gamble (P&G) stock price drop? In a was a crazy ride for the NYSE and Dow Jones today, Proctor and Gamble (P&G) stock dropped suddenly by 20% in almost 5 minutes fueling a massive drop in [...]

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