SITREP for Friday, April 14, 2023

A small data approach will speed up and simplify the risk analysis process, free up resources, and avoid creating the impression of greater understanding than there actually is. This paper explains how such a system could work. (An update on the risk metrics project.)

An update on the risk metrics project: 20 metrics that are worth tracking for your threat and risk assessments

Establishing a set of metrics we can use for risk management and decision-making is a big topic I've been working on for a long time - over 20 years at this point. It's a challenging problem and one that has seen off better people than me but I think that a simple model will help speed up, simplify and remove the subjectivity from risk assessments. In turn, that will help improve the speed and quality of our decision-making. Here's an outline of the project