OBASHI Think

See things clearly

Lately, we have been thinking about.... (135)

Risk, resilience and liability in complex cloud systems

“Just imagine if a major cloud service provider had a ‘Lehman moment’, with everyone’s data there on Friday and gone on Monday...”

That’s what the authors ask us to do on page 2 of “Beyond data breaches: global interconnections of cyber risk”.

It appears that some users of the Dedoose cloud-based application don’t need to use their imagination. Dedoose enables…

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Added by Paul Wallis on June 12, 2014 at 15:39 — No Comments

Walkin' Dog Blues

Never mind the mutually beneficial relationship created over thousands of years.

Never mind them guarding you and yours.

Never mind their ability to recognise human emotions.

Never mind their ability to sense ill health and disease.

Never mind the crazy, funny stuff they do.

Never mind you not taking exercise.

Never mind you burning a bit more fossil fuel.

Never mind the risks to…

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Added by Paul Wallis on May 23, 2014 at 7:46 — No Comments

Business lessons from a 19th century railroad manager

Marketer Seth Godin:

“Without a doubt, the ability to connect the dots is rare, prized and valuable. Connecting dots, solving the problem that hasn't been solved before, seeing the pattern before it is made obvious, is more essential than ever before.”

Back in 1854, Daniel McCallum must have had a similar perspective.

During that year McCallum had been promoted to become General Superintendant of the New York & Erie Railroad.  In his…

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Added by Fergus Cloughley on April 25, 2014 at 2:23 — No Comments

OBASHI Mindmap explaining OBASHI Methodology

Link to mindmap explaining OBASHI Methodology: OBASHI Mindmap

Waiting for comments and feedback!

Added by Mirosław Dąbrowski on April 15, 2014 at 17:58 — 6 Comments

Business, data flow and the U.S. cybersecurity standard

Here at OBASHI a point made regularly is that,

Today as governments, businesses, and individuals we are increasingly reliant on flows of data, in nearly all aspects of our daily lives. Which means it is becoming ever more essential that standards for these flows of data are agreed and regulated.

Why would standards for data flows be a good…

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Added by Fergus Cloughley on February 27, 2014 at 15:57 — No Comments

OBASHI and 'Service' layer?

This is my first day as an OBASHI 'thinker'....

I am indeed very keen to embrace the OBASHI model in my organisation, but I feel there is one piece missing in this jigsaw which I need to resolve before moving forward. Coming from an ITIL background, I would have expected a 'Service' layer between the 'Business Process' layer and the 'Application' layer.

What does other OBASHI 'thinkers' think?

How do you deal today with positioning Business Services using the current…

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Added by Herve Meslin on February 27, 2014 at 7:00 — 3 Comments

Data flow disasters and the world’s ‘bumpy ride’

“More data flow disasters are inevitable – which means, because we as individuals are ever more reliant on flows of data to live our lives, some of us are going to share that pain.

So don’t get comfortable...strap yourselves in.  It’s going to be a bumpy ride.”

A couple of years ago I argued in “IT and the Steam Boiler”, that a lengthy…

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Added by Paul Wallis on January 30, 2014 at 5:31 — No Comments

IBM CEO Ginni Rometty on data flow

Throughout history understanding various flows has been critical to the successful implementation of new technologies and subsequent economic development.  As we state in Chapter 3 of The OBASHI Methodology:

“...Since the beginning of the Industrial Revolution an understanding of flow – firstly flows of water, then steam, then electricity, then oil, petroleum and components – has been…

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Added by Paul Wallis on December 19, 2013 at 8:15 — No Comments

Technology and trust in the financial markets

I used to think that we were good at designing systems.  We would phase test them, user test them, stress test them and more, and eventually we would roll out the system and it would work.  And life was good.

In his blog, “Bank systems are not safe (anymore)”, Chris Skinner reflects on the reliability of financial systems,

“...It used to…

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Added by Paul Wallis on September 5, 2013 at 6:32 — No Comments

Data flow disasters and public confidence

When large businesses suffer major problems related to information technology, the bad news often hits the headlines, usually because a lot of money has been spent.

 

One example in the past few weeks is the cancellation of the BBC’s £100 million Digital Media Initiative, which was intended to transform the way staff developed, used and shared…

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Added by Fergus Cloughley on June 27, 2013 at 4:29 — No Comments

The need for a common language in cybersecurity

In addressing, “Cyber Security and Global Interdependence”, Dave Clemente of Chatham House discusses the ‘security implications emerging at the intersection of cyberspace and infrastructure’.  One of his conclusions is that,

“Meeting these security challenges requires better shared understanding of what is critical between those who protect an organization and those who set its strategic…

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Added by Paul Wallis on May 10, 2013 at 4:28 — No Comments

The Legal Entity Identifier, Data Provenance and OBASHI

In the aftermath of the 2008 financial crisis, the finance industry is working on a number of regulatory initiatives, including Solvency II, Basel III and Dodd-Frank.

Fundamentally, the aim of these various initiatives is to reduce risk, be it insolvency risk in the EU insurance companies, liquidity risk in banking, or systemic risk across the U.S / global financial sector.

One of the…

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Added by Fergus Cloughley on March 27, 2013 at 6:35 — No Comments

Finance IT problems around the world

On New Year’s Eve 2012, late afternoon, customers of three of the UK’s largest banks were unable to withdraw cash or use internet banking - some complaining that account balances were incorrectly showing ‘00.00’.

 

There can’t be many worse times for such a “glitch” to occur, and the (further) damage to those banks’ reputations must have been considerable. The financial cost was also considerable with, for example, Lloyds Bank setting aside £125 million to “compensate…

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Added by Paul Wallis on February 14, 2013 at 2:39 — No Comments

Why does finance need a Legal Entity Identifier?

During July we attended the Federal Reserve Bank of New York, for the formation and launch of the Financial Stability Board’s (FSB) Legal Entity Identifier (LEI) Private Sector Preparatory Group.

The group was created by the FSB in response to a call from the leaders of the G20 countries to proceed with development of a, “unique identification system for parties to financial transactions.” […

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Added by Paul Wallis on January 24, 2013 at 3:35 — No Comments

Die Hard, data flow and the CyberCity

The other day, a little behind the times, I watched the fourth of the series of ‘Die Hard’ movies.

 

Detective Lieutenant John McClane had his hands full yet again, battling devious cyber criminals in Washington D.C.

 

The bad guys set out to ultimately do a bit of electronic money pilfering, and as part of their cunning plan they disrupt some of the computer-reliant critical networks that typically support a modern city.  By hacking into systems and interrupting…

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Added by Fergus Cloughley on January 15, 2013 at 7:30 — No Comments

Data flow disasters around the world

As 2012 draws to a close, businesses of all kinds, in all parts of the world, continue to suffer ‘data flow disasters’.

Here at OBASHI, “data flow disaster” is the term we use for an event where a flow of data is interrupted or compromised, so that there is a negative impact on those who use or interact with that flow of data.

Here are a few examples of such ‘disasters'.  In no particular order:

UK - Prior to the 2012 Olympics, the…

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Added by Fergus Cloughley on December 21, 2012 at 8:02 — No Comments

Asset failure and flow

 “Assets will always fail at some point, and with any asset failure there is a chain of consequential loss which is triggered by an originating event.”

Last year, I discussed the vulnerability of the modern city to interruptions in the various critical supply flows that keep it going.

 

When key flows – water, electricity, natural gas or sewage – are…

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Added by Paul Wallis on November 22, 2012 at 3:42 — No Comments

Business and the best laid schemes

One of the most famous works of Scotland’s national bard, Robert Burns, is “To a Mouse”.

 

During 1785, on a bleak winter’s day, Burns addressed a field mouse whose home he accidentally turned up with his plough.

 

In the poem, the bard praises the ‘foresight’ of the mouse in building the ‘cozie’ nest in advance of the freezing weather, while there was still good grass to do so.

 

But, ultimately, one of Burns’ conclusions is that, although we can…

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Added by Fergus Cloughley on November 1, 2012 at 6:30 — No Comments

Business and flow

A point we make regularly here at OBASHI is that in today’s digital world, it is important to understand how data flows through and between businesses.

 

We occasionally blog about “data flow disasters” - events that occur when a flow of data is interrupted or compromised, so that there is a negative business impact on those who use or interact with that flow of…

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Added by Fergus Cloughley on October 22, 2012 at 5:10 — No Comments

Capabilities, perceptions and risk

Legal Risks on the Radar, is an annual survey, published in the U.S. by Corporate Board Member and FTI Consulting.

 

The 2012 report researches attitudes to current legal issues among ‘two critical governance groups’: public company directors and corporate general counsel (GC).

 

Amongst other things, the survey finds that the growth of digital business, and connectivity, has caused many in these groups to recognise the increasing importance of understanding the…

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Added by Paul Wallis on October 5, 2012 at 4:27 — No Comments

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