Risk Management – Page 22 – Maverisk / Étoiles du Nord

At leisure

Musing with the ideas of yersteryear, where the working class had been replaced, gradually, by the ‘managing’ class in its various forms and sizes. But everywhere, productivity being misattributed. Though appearances would have it still among ‘managers’ too, their combined overwhelming bureaucratic bloat pressing on the carbon yet not achieving diamond productivity but gravel at most. While ‘managers’ (line just behind one’s heels!) get so much credit, unearned, and earn so much income and bonuses that it deserves the gallows; the workers ‘hence’ being mis- and disregarded.
When suddenly, the already next trend shone through: The move from the Leisure Class to the Leisure Cohorts.

Yup, you are now reminded of the massive shortfall in education that so many already have … that have flown into the workforce for years already — producing ..? Not the nice workspaces that they have to hang out in. Do they..? For how long still ..? And then ..? The generations that could actually be productive of any sorts, have seen their work shipped off to places of want, of want of actual productivity opportunities but will be depleted of markets sometime soon — and then they’ll retire like in the West with not much going for them by way of either pensions or opportunities go stagger on in business life, nor of anything after them by way of experience-transfer-loaded young crews that would seriously do anything different, better. No, don’t fall for that trap of thought that this all has been said before throughout the generations… It hasn’t, not in this way, not in any comparable situation.
So, the return of the leisure class, as ‘proven’ by Graeber and others, and reality, is there. But also, the Other 99,x% might (not) shift to the Leisure Cohorts. Not good for anything (as recently in all sorts of press, if (big if) you read it well) by lack of education, formal and certainly also practical, with the few smart ones in between skating towards a bright future but the others … at best, at very best, dunce consumers; passive, living on the edge. Yes, helped a lot by AI, progressively more, but leaving … dunce consumers. Don’t kid yourselves. Leisure cohorts without anything to leisure from nor anything to leisure with — as money and (through that or directly) other necessary goods come from productive work .. that has vanished into the ASI-out-there.

I could ramble on, like I so often do. But this time, I’ll leave it to you to do the hard work, I’m off leisuring. With:
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[Artsy Berlage, at his Beurs; inspirational not just to consume]

Plusquote: Be not a hampered herring but a free speedboat

Yes, again one in this series of quotes of my own making (predominantly), intended to be motivational. Just like www.despair.com… This time:

Be a free speedboat, no hampered herring

Which, for an explanation, starts at the back. Being about the choice between being a (hopefully growing into too) big fish in a small pond, or a small fish in a big pond. And, since the former is limiting by its ‘boundary’ condition already and the latter has grown to be to be a tiny fish in the world’s oceans all together, none are more than a suckers result in a Prisoners’ Dilemma match.
But then, the choice is a false one — no-one asked you to remain a fish, of set growth or flexibility. Turn into a speedboat! Do not want to be, to become, an oil tanker but keep agile, manoeuvrable, successful rather than doomed by size.

And yes, speedboats can go anywhere. May not be a survivable as a tanker in some storm, but being flexible enough in movement and destination hence travel routes, you’ll be able to not get caught in one in the first place; no fun so avoided almost naturally. Storms are for others to wither, you keep in nice weather.

Oh yes, there’s risk and danger, also caused by you e.g. running over some silly swimmers on onto rocks, by careless steering. But think of the upside …

Also:

[Remember the moose though I have no clue why you should … ;-| ]

Be-four you turn enthousiastic

[Warning: Long-read. Opiniated, and structurally your recommendations ~~may be~~ are needed, too]

About all of the banking industry, and other financials in their wake, have had to deal with loads of regulatory requirements. Justified, some say, for ‘they’ cause(d) so much misery beyond mere most temporary loss of bonuses that the ‘un’ should be (have been long before) detached from bridled. So, Basel II and -III regulations swooped in requiring much more explicit and detailed handling of financial business than ever before. The move from laissez-faire to regulation, to regulation with sanction schemes, to sanctions (possibly interpreted as ‘token’…), was extended with provability and then complete proof-demonstration as minimum requirement.

This all, however, has created a large, and in general even I would say quite overpaid [disclaimer: am profiting too] industry of consultants, quants, ‘risk managers’, reviewers, assessors, auditors, and scores of Toms, Dicks¹ and Harries of the GRC kind. That are all very likeable nice lads and lassies, but maybe not quite worth their salt, certainly not their bonuses, or even be sure to be worth much lending one’s ear to.

Since March, suddenly, there’s news. The Basel Committee on Banking Supervision has released a consultative paper on ideas for (much-needed, many know) simplification of the operational risk management part of regulations. For Basel-IV forthcoming.
Continue reading “Be-four you turn enthousiastic”

Crash’in the wings

… Thinking back of the Taleb’ian remarks, and truths, on Extremistan, and how some more or less closely watched parameters may lose their variance but not their uncontrol since such petering out of shock’lets are just the precursors of an asteroid impact scale collapse, I wondered what is about to happen in infosecland. Since for weeks, nay months already, there has hardly been any news… Apart from the usual suspects (#ditchcyber ..!), there hasn’t been anything serious, has there, by means of yet another class break or more comprehensive controllability breakdown?

Which is why everyone should sit more uneasily, in stead of the opposite sleeping better than ever.

But then, this was the message from your Wolf-crying boy …?

To which:

[Since last Friday, you know this isn’t a reindeer but an elk that is no moose, at least not everywhere]

Security so(m)bering

There’s this discussion going down on the merits of privacy versus security. Whether the one is part of the other, or the other way around, or both. Whereas the smarts are with considering privacy enhanced by good confidentiality settings ’cause they see that privacy is an issue of higher (abstraction) order than mere confi; achieved by it but only as infosec are the bricks and mortar when all you wanted is not bricks or so but a wall.
Through which you may reflect on compliance in infosec. Because hardly ever, is that taken to include compliance with the principles and business objectives and conditions that include being sparse with hinder to the business. Really, those that truly set only guiding rails not enforcement rails, are the unicorns of the trade. No, not those unicorns, those are just frauds anyway.
You may try to do better; really. It starts with risk … when properly applied, you would not get the remarks about ‘why, it has never happened to us before / what are the odds?’ but might even get better support for some slightly hindering process changes and better (but less end user detectable) ‘infra’ i.e., everything under the users’ level of visibility.
So, I’m not sombering or if, about the eager beaver pervasive prevalence. Because sobering up, wising up, may win the day and may be due…

We shouldn’t somber too much… Isn’t this a perfect opportunity to finally demonstrate how we do (… can …) link up information security to real business issues at the highest GRC levels. Since we shouldn’t be passive, and leave ‘privacy’ to be taken over by lawyers jumping into the current Privacy Officer void. Since we can translate all the operational and tactical work that we do on privacy, all the way up to strategic levels and still be very concrete. And not have to wait till ill-understandable “guidelines” (shackles) keep us from achieving something.
No more wannabe whining about ‘deserving’ a seat at the Board table or at least be heard; not asking to be allowed but matter-of-factly showing ‘Done.’ … if, not when, you did informtion security right all the way…

Just like that:

[“Na na nanana can’t hear you!”; Porto]

Yup, there it is …

… What took us (?) so long …?

Hybrid war

Yes, the phrase we all were waiting for, or might have predicted but hardly anyone did. But now, out there for all the FUD and fear mongering (to profit from ..!). May this be the avenue of submersion of cyber (#ditchcyber !), like a U-boat trolling and unexpectedly blowing you out of the water?
What will be, will be. Grab the money trucks!

On a side (?) note:

[Transport for the consultants /-cy fees for you, required to tackle it all; Baltimore]

Plusquote: R&R

Never let a good opportunity for R&R go to waste

Which goes on the back of ‘never let a good crisis go to waste’ which s true, but negative as it relies on crises to turn up as the best (not the only …) opportunities to get change done. But now, tries to turn it to the positive, (truly hedonistic with an epicurean twist) enjoyable by way of the proper mix of carpe diem due to memento mori. As one doesn’t know when one will die; a great many being caught short of having lived as they postponed all purpose of life by ‘saving’ that for later, always for later. Hence the balance will need to be tried, not wasting, not spending it all but also not shirking from opportunities to enjoy.
Hence a side remark that the plusquote is quite absolute whereas its application needs some ‘risk management’ balancing (including personal quality perception/prediction) but hey, that takes the fun out of the shorthand.

Oh; some may not have gotten the memo that R&R (R ‘n R) isn’t about rock and roll or so, but about Rest and Recreation. Or Rest and Restoration, whatever floats your boat.

Talking about boats … (??):

[Ship not boat! Not too much for pleasure, originally …; Baltimore again]

Watson’s place to be

Two points re Watson here, one poignant, one solved:

Where is Watson? Because, it must run on some (i.e., enormous number of) core processors that physically are, somewheres (multiple). Would anyone actually know or otherwise, wouldn’t that be scary for all the idol-worshippers of individualised-robotlike AI ..?
The name, the motto. After Thomas J.’s … Think. Name, sole purpose. Nomen est omen. Capice ..?

So there you have it. The question remains Open. Until you provide me with some answer, possibly..?

Also:
000010
[Cogite, citius altius fortius! of the 1928 kind; Amsterdam of course]

Mayans leaving the US

Would anyone have a pointer to the research that compares the Mayans’ demise with latter-day developments in the first world ..?

As one hears not too much lately, about that grand theory about the sudden disappearance of the Maya culture that suggested that one-percenter total disconnect with the other 99%, lead to the latter leaving the, no more capable of sustaining themselves in the least, überbureaucrats to litterally starve in their palaces.

Which might very well happen if the Powers That Be, e.g., the 1% of business and congress and the sycophants/lobbyists around those, would continue their disconnect now so amply demonstrated in, e.g., primaries on both sides of some spectrum (both actually being far right, maybe?), to name just an acute symptom.

So, are there any anthropologists out there studying that odd primitive (here, without the ”…) tribe of white men (sometimes, very sometimes, caught in the body of technically a woman) and comparing the parallells with said sad Untergang des Maya-landes ..?

Even when I wouldn’t know what the results could be. Do count on the ‘Now is different’ error of which the size cannot be overestimated. But also, very maybe, detect the slightest of pointers towards betterment of current-day societies. And ways to make us see the latter their value, hopefully — hope being what’s left when arguments are lacking.

On the positive side:

[Similar not same: small-time onepercenterville now a tourist attraction (hotel); Gabbiano, Toscane]

Miss Quotes: Free Hegel

The quotes, of motivational nature or other, that you meet every time again — but aren’t, since they are garbled versions of the original. And the original had much more profound wisdom, or was even true where the misquote isn’t.

Yet another one in a series, a rather old one:
“There’s nothing sure in life except death and taxes.“

… …

For one, “The only thing you can be sure of, so the saying goes, are death and taxes — but don’t be too sure about death.” (Joseph Strout) — before but on the Kurzweillian strain of thought (more on that elsewhere on this blog) that ‘humans’ may leave their biological medium (‘substrate’) and live forever — probably on tape or 5″ floppy disks though that angle Ray discusses [satisfactory, for once] too. But whether Ray’s scenario turns out to be true (where would religion go …? Betraying his/his father’s roots?), or the Spinozaic or anthropomorphic deity would allow to be overruled in v1.1 of the Design, it would be short-sighted to take dying as inescapable.

For another, [skipping lazy evaluation of the And clause that would already render the quote a miss] David Graeber already proved that in the history of humanity, almost no-one ever paid taxes, the above is just an order by the receiving end put onto the paying end to suppress any even the slightest inkling of an idea for revolt. Whereas the Dutch started their war of independence officially because of an income tax levy of 10% — the outrage! and practice was ‘slightly’ different, very probably. So, no score here, either.

QED.

And the Hegel of the title: Search my earlier posts on that.
And:

[This beauty however may not last forever ..? Bibliothèque Vanderbilt, Reims]