Search results
Results from the WOW.Com Content Network
The IT baseline protection (German: IT-Grundschutz) approach from the German Federal Office for Information Security (BSI) is a methodology to identify and implement computer security measures in an organization. The aim is the achievement of an adequate and appropriate level of security for IT systems.
It examines the health, safety and environment and business risk of ‘active’ and ‘potential’ damage mechanisms to assess and rank failure probability and consequence. This ranking is used to optimize inspection intervals based on site-acceptable risk levels and operating limits, while mitigating risks as appropriate.
The Safeguard Program was a U.S. Army anti-ballistic missile (ABM) system designed to protect the U.S. Air Force's Minuteman ICBM silos from attack, thus preserving the US's nuclear deterrent fleet. It was intended primarily to protect against the very small Chinese ICBM fleet, limited Soviet attacks and various other limited-launch scenarios.
An entity-level control is a control that helps to ensure that management directives pertaining to the entire entity are carried out. These controls are the second level [clarification needed] to understanding the risks of an organization.
In practice, if the insurance company or contractor go bankrupt or end up in court, the original risk is likely to still revert to the first party. As such, in the terminology of practitioners and scholars alike, the purchase of an insurance contract is often described as a "transfer of risk."
The mission statement of the Department of Safeguards is: "The primary role of the {Safeguard} Department is to administer and implement IAEA safeguards. It also contributes to nuclear arms control and disarmament, by responding to requests for verification and technical assistance associated with related agreements and arrangements."
The standardized approach for counterparty credit risk (SA-CCR) is the capital requirement framework under Basel III addressing counterparty risk for derivative trades. [1] It was published by the Basel Committee in March 2014.
In mechanism design, the Vickrey–Clarke–Groves (VCG) mechanism is a generic truthful mechanism for achieving a socially optimal solution whenever monetary transfers are available. It generalizes the Vickrey–Clarke–Groves auction into a general-purpose mechanism for social choice , which can be used to select any outcome from a set of ...