Related papers: Archiving: The Overlooked Spreadsheet Risk
Unlike other industries in which intellectual property is patentable, the financial industry relies on trade secrecy to protect its business processes and methods, which can obscure critical financial risk exposures from regulators and the…
The use of spreadsheets in industry is widespread. Companies base decisions on information coming from spreadsheets. Unfortunately, spreadsheets are error-prone and this increases the risk that companies base their decisions on inaccurate…
As many industries shift towards centralised controlled information systems for monitoring and control, more importance is being placed upon technologies such as Supervisory Control and Data Acquisitions industrial systems (SCADA). This…
Among the multiple causes of high error rates in spreadsheets, lack of proper training and of deep understanding of the computational model upon which spreadsheet computations rest might not be the least issue. The paper addresses this…
Informal Knowledge Sharing (KS) is vital for end-user programmers to gain expertise. To better understand how personal (self-efficacy), social (reputational gains, trust between colleagues), and software-related (codification effort)…
With the increasing prevalence of open and connected products, cybersecurity has become a serious issue in safety-critical domains such as the automotive industry. As a result, regulatory bodies have become more stringent in their…
Most of the banks' operational risk internal models are based on loss pooling in risk and business line categories. The parameters and outputs of operational risk models are sensitive to the pooling of the data and the choice of the risk…
Whilst not all spreadsheet defects are structural in nature, poor layout choices can compromise spreadsheet quality. These defects may be avoided at the development stage by some simple mistake prevention and detection devices. Poka-Yoke…
As the need for advanced, interactive mathematical models has increased, user/programmers are increasingly choosing the MatLab scripting language over spreadsheets. However, applications developed in these tools have high error risk, and no…
The risks of spreadsheet use do not just come from the misuse of formulae. As such, training needs to go beyond this technical aspect of spreadsheet use and look at the spreadsheet in its full business context. While standard training is by…
The Open Source Software movement has been growing exponentially for a number of years with no signs of slowing. Driving this growth is the widespread availability of libraries and frameworks that provide many functionalities. Developers…
This paper presents the arguments and supporting business metrics for Enterprise Spreadsheet Management to be seen as a necessary good. These arguments are divided into a summary of external business drivers that make it necessary and the…
We build a balance sheet-based model to capture run risk, i.e., a reduced potential to raise capital from liquidity buffers under stress, driven by depositor scrutiny and further fueled by fire sales in response to withdrawals. The setup is…
Many real-world networks are known to exhibit facts that counter our knowledge prescribed by the theories on network creation and communication patterns. A common prerequisite in network analysis is that information on nodes and links will…
Protecting data from malicious computer users continues to grow in importance. Whether preventing unauthorized access to personal photographs, ensuring compliance with federal regulations, or ensuring the integrity of corporate secrets, all…
Data outsourcing is a growing business model offering services to individuals and enterprises for processing and storing a huge amount of data. It is not only economical but also promises higher availability, scalability, and more effective…
Knowledge leakage poses a critical risk to the competitive advantage of knowledge-intensive organisations. Although knowledge leakage is a human-centric security issue, little is known about leakage resulting from individual behaviour and…
A surge in data-driven applications enhances everyday life but also raises serious concerns about private information leakage. Hence many privacy auditing tools are emerging for checking if the data sanitization performed meets the privacy…
Most spreadsheet surveys both for reporting use and error focus on the practical application of the spreadsheet in a particular industry. Typically these studies will illustrate that a particular percentage of spreadsheets are used for…
The analysis of hidden channels of information leakage with respect to role-based access control includes monitoring of excessive permissions among users. It is not always possible to completely eliminate redundancy. The problem of ranking…