Heuristic Risk Management

Heuristic Risk Management

Author: Michael Lines

Publisher: Michael Lines

Published: 2024-05-04

Total Pages: 140

ISBN-13: 196443100X

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In the relentless cyber war, understanding that every individual and organization is a target is crucial. In this book, I offer a groundbreaking perspective on cybersecurity risk management, addressing a core issue: despite increased legislation and frameworks, massive breaches continue. Why? The problem often lies in ineffective or non-existent risk assessment and management, resulting in an ineffective cybersecurity program. Enter Heuristic Risk Management (HRM), a method I developed that is simple, intuitive, and highly effective. HRM cuts through the complexity of quantitative approaches and overbearing government regulations, providing a clear, easily implementable strategy that genuinely reduces risk. This book is a must-read for security leaders in organizations of all sizes, from SMBs with minimal security programs to large, heavily regulated companies. It's especially valuable for small businesses, often the most vulnerable and least prepared for cyber threats. Structured into three parts - Strategic, Tactical, and Operational Risk Management - the book builds a comprehensive understanding of cybersecurity threats and how to combat them. You'll learn how to identify your enemies, prepare defenses, and adjust your strategies in an ever-evolving threat landscape. I've kept the book concise and to the point, focusing on practical, actionable advice rather than overloading it with unnecessary details. For those who want more, numerous footnotes link to additional resources and information. Don't let compliance traps and the complexity of traditional frameworks hold you back. Embrace HRM and turn your cybersecurity efforts into a robust defense mechanism that outsmarts and outpaces your adversaries. Your enemies aren't waiting – why should you?


Portfolio Management with Heuristic Optimization

Portfolio Management with Heuristic Optimization

Author: Dietmar G. Maringer

Publisher: Springer Science & Business Media

Published: 2006-07-02

Total Pages: 238

ISBN-13: 0387258531

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Portfolio Management with Heuristic Optimization consist of two parts. The first part (Foundations) deals with the foundations of portfolio optimization, its assumptions, approaches and the limitations when "traditional" optimization techniques are to be applied. In addition, the basic concepts of several heuristic optimization techniques are presented along with examples of how to implement them for financial optimization problems. The second part (Applications and Contributions) consists of five chapters, covering different problems in financial optimization: the effects of (linear, proportional and combined) transaction costs together with integer constraints and limitations on the initital endowment to be invested; the diversification in small portfolios; the effect of cardinality constraints on the Markowitz efficient line; the effects (and hidden risks) of Value-at-Risk when used the relevant risk constraint; the problem factor selection for the Arbitrage Pricing Theory.


Judgment Under Uncertainty

Judgment Under Uncertainty

Author: Daniel Kahneman

Publisher: Cambridge University Press

Published: 1982-04-30

Total Pages: 574

ISBN-13: 9780521284141

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Thirty-five chapters describe various judgmental heuristics and the biases they produce, not only in laboratory experiments, but in important social, medical, and political situations as well. Most review multiple studies or entire subareas rather than describing single experimental studies.


Heuristics and Biases

Heuristics and Biases

Author: Thomas Gilovich

Publisher: Cambridge University Press

Published: 2002-07-08

Total Pages: 884

ISBN-13: 9780521796798

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This book, first published in 2002, compiles psychologists' best attempts to answer important questions about intuitive judgment.


Climate Risk in Africa

Climate Risk in Africa

Author: Declan Conway

Publisher: Springer Nature

Published: 2021-01-19

Total Pages: 186

ISBN-13: 3030611604

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This open access book highlights the complexities around making adaptation decisions and building resilience in the face of climate risk. It is based on experiences in sub-Saharan Africa through the Future Climate For Africa (FCFA) applied research programme. It begins by dealing with underlying principles and structures designed to facilitate effective engagement about climate risk, including the robustness of information and the construction of knowledge through co-production. Chapters then move on to explore examples of using climate information to inform adaptation and resilience through early warning, river basin development, urban planning and rural livelihoods based in a variety of contexts. These insights inform new ways to promote action in policy and praxis through the blending of knowledge from multiple disciplines, including climate science that provides understanding of future climate risk and the social science of response through adaptation. The book will be of interest to advanced undergraduate students and postgraduate students, researchers, policy makers and practitioners in geography, environment, international development and related disciplines.


Perceived Safety

Perceived Safety

Author: Martina Raue

Publisher: Springer

Published: 2019-03-12

Total Pages: 155

ISBN-13: 3030114562

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This book offers a multidisciplinary perspective on perceived safety. It discusses the concept of safety from engineering, philosophy, and psychology angles, and considers various definitions of safety and its relationship to risk. Examining the categorization of safety and the measurement of risk, risk cultures, basic human needs and decision-making under uncertainty, the contributions demonstrate the practical implications and applications in areas such as health behavior, aviation and sports. Topics covered include: What is “safety” and is there “optimal safety” in engineering? Philosophical perspectives on safety and risk Psychological perspectives on perceived safety: social factors of feeling safe Psychological perspectives on perceived safety: zero-risk bias, feelings & learned carelessness Perception of aviation safety Intended for both practitioners and academic researchers, this book appeals to anyone interested in decision-making and the perception and establishment of safety.


The Control Heuristic

The Control Heuristic

Author: Luca Dellanna

Publisher: Luca Dell'anna

Published: 2020-07-31

Total Pages: 306

ISBN-13:

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“A SUPERB book [...] by one of the profound thinkers in our field [behavioral economics].” – Michal G. Bartlett on the second edition “Luca’s book was so helpful to my work. Opened my eyes up to some more reasons why change is so hard.” – Chris Murman on the first edition “So insightful with common sense applications of complexity and the ability to communicate clearly!!” – Bob Klapetzky Seen on Nudgestock. Reviews of Luca Dellanna's previous books "Absolutely brilliant." – Alberto Pisanello "A very thoughtful piece of writing, deep and wiring!" – David Krejca "A thoughtfully written book in very straightforward language." – A.L. Peevey "Very good book. Read it in in two evenings. Great insights straight to the point (not the usual self-help babble). Highly recommended." "One of the best works I have read in that matter (I have read a few) and it's surprising how realistically he depicts the condition." – Manel Vilar (on Luca's book on autism) "A profound, useful and insightful book" – Lorenzo Dragani THE BOOK At a first look, human behavior seems an inexplicable mess. Why do we behave irrationally? Why is change so hard? What is happiness and why does it seem to escape us? The Control Heuristic offers a new perspective to answer these questions and provides a guiding light to understand the subconscious processes that guide our behavior. Luca Dellanna, author of 5 books, writes here a revealing journey into the true motivations for human behavior. Understanding how the human mind really works is the first step to personal change. Suddenly, the frustrating becomes clear and the complex becomes simple.


Psychological Perspectives on Risk and Risk Analysis

Psychological Perspectives on Risk and Risk Analysis

Author: Martina Raue

Publisher: Springer

Published: 2018-09-18

Total Pages: 384

ISBN-13: 3319924788

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This authoritative collection goes beyond economic statistics and probability data to offer a robust psychological understanding of risk perception and risk taking behavior. Expert contributors examine various risk domains in life, and pinpoint cognitive, emotional, and personality factors contributing to individual differences in risk taking as well as the many nuances social demographics (e.g., culture, gender) bring to risk decisions. Coverage takes competing theories and studies into account to identify mechanisms involved in processing and acting on uncertainty. And implications and applications are demonstrated in varied fields, from updated risk models for the insurance sector to improved risk communication in health services to considering risk perception in policy decisions. A sampling of the topics: Personality and risk: beyond daredevils—risk taking from a temperament perspective. Cognitive, developmental, and neurobiological aspects of risk judgments. The group effect: social influences on risk identification, analysis, and decision-making. Cognitive architectures as a scaffolding for risky choice models. Improving understanding of health-relevant numerical information. Risk culture as a framework for improving competence in risk management. Psychological Perspectives on Risk and Risk Analysis will be of great interest to researchers in and outside of psychology, including decision-making experts and behavioral economists. Additionally, this volume will appeal to practitioners who often have to make risky decisions, such as managers and physicians.


How Risky Is It, Really?: Why Our Fears Don't Always Match the Facts

How Risky Is It, Really?: Why Our Fears Don't Always Match the Facts

Author: David Ropeik

Publisher: McGraw Hill Professional

Published: 2010-03-05

Total Pages: 304

ISBN-13: 0071635645

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"Clear, balanced, and lively." -- Steven Pinker, bestselling author of How the Mind Works ARE YOU AFRAID OF THE "RIGHT" RISKS? Do you worry more about radiation from nuclear power or from the sun? Are you more afraid of getting cancer than heart disease? Are you safer talking on your cell phone or using a hands-free device when you drive? Do you think global warming is a serious threat to your health? GET THE FACTS BEHIND YOUR FEARS—AND DISCOVER . . . HOW RISKY IS IT, REALLY? International risk expert David Ropeik takes an in-depth look at our perceptions of risk and explains the hidden factors that make us unnecessarily afraid of relatively small threats and not afraid enough of some really big ones. This read is a comprehensive, accessible, and entertaining mixture of what's been discovered about how and why we fear—too much or too little. It brings into focus the danger of The Perception Gap: when our fears don’t match the facts, and we make choices that create additional risks. This book will not decide for you what is really risky and what isn't. That's up to you. HOW RISKY IS IT, REALLY? will tell you how you make those decisions. Understanding how we perceive risk is the first step toward making wiser and healthier choices for ourselves as individuals and for society as a whole. TEST YOUR OWN "RISK RESPONSE" IN DOZENS OF SELF-QUIZZES!