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Volume 30, Issue 2

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Friday, 16 June 2017 16:42

The Emergence of a Cognitive Risk Era: The Role of Cognitive Risk Governance

Musings of a Cognitive Risk Manager

To drive change, you need buy-in, and to achieve buy-in, your people need to know the “why” behind the change. This is the premise behind cognitive risk governance, the “designer” of human-centered risk management. James Bone, author of Cognitive Hack: The New Battleground in Cybersecurity…the Human Mind, further explains the cogrisk framework.

In my last article, I explained the difference between traditional risk management and human-centered risk management and began building the case for why we must re-imagine risk management for the 21st century.  I purposely did not get into the details right away, because it is really important to understand why a thing must change before change can really happen.  In fact, change is almost impossible without understanding why.

Why put on sunscreen if you don’t know that skin cancer is caused by too much exposure to ultraviolet rays from the sun?  We know that drinking and driving is one of the deadly causes of highway fatalities, but we still do it!  Knowing the risk of a thing doesn’t prevent us from taking the chance anyway.  This is why diets are so hard to maintain and habits are so hard to change.  We humans do irrational things for reasons we don’t fully understand.  That is precisely why we need cognitive risk governance.

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http://www.corporatecomplianceinsights.com/emergence-cognitive-risk-era-role-cognitive-risk-governance/