Getting More Precise at Risk Assessment

The Editors
Eweek, 11/10/2003

Baseline interviews Doug Hubbard about how to start thinking about IT risk more like an actuary would, instead of the subject “1 to 5” scales. Another consultant interviewed for the story says scientific measurements are “ideal in theory” but most managers aren’t well versed in statistical research. Actually, HDR uses scientific methods in practice (not just theory) and total mastery of the subject by management is not a constraint (do managers really understand network management, database design or encryption?). Fortunately, the editors allow Hubbard to respond to the objections. [view article]