Mine the past: How to make better risk-based decisions and improve outcomes with historical threat data

Ann Pickren
Additional contact information
Ann Pickren: Strategic Engagement, USA

Journal of Business Continuity & Emergency Planning, 2024, vol. 17, issue 4, 351-362

Abstract: The impact of every crisis has the potential to cascade throughout an organisation’s operations, supply chain and market ecosystem. To properly understand and mitigate this ripple of dynamic risk, business continuity, security and risk management leaders need to know where to focus their attention. Looking at historical threat data provides a clearer picture of the risk landscape, helping leaders better anticipate and plan for the future. To date, however, there have been challenges in this process. As the volume of data about critical events continues to grow at an alarming rate, sifting manually through data puts organisations — and business continuity — in jeopardy. This paper discusses the value of historical threat data and innovations in data-mining technology that can unlock the true power of historical data for informed, strategic decision-making and better outcomes during a crisis.

Keywords: historical threat data; historical reporting; risk management; historical risk data; threat and vulnerability assessment; TVA; dynamic risk; data mining (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/8469/download/ (application/pdf)
https://hstalks.com/article/8469/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2024:v:17:i:4:p:351-362

Access Statistics for this article

More articles in Journal of Business Continuity & Emergency Planning from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().