BCSM Meetup - October

Speaker: Jade Hughes
Speaker Bio:
Cyber and Data Security
Business Information Security Officer - The Lottery Corporation
Jade is a dedicated cyber and data security professional based in Brisbane. Jade's experience spans across Queensland and Victoria, working with some of Australia's largest organisations including National Australia Bank and The Lottery Corporation. Jade brings hands-on insight into protecting critical systems and sensitive data in highly regulated, high-stakes environments.
Title:
You Don't Hate the 5x5 Matrix Enough - Quantification when you must use a Matrix
Abstract:
The 5×5 risk matrix is one of the most widely used tools in risk management and one of the most heavily criticised. Yet despite its shortcomings, many organisations continue to rely on it because governance loves simplicity, and boards love three colours.
This session isn't another argument for abandoning the matrix. Instead, it explores how to make better risk decisions when you're required to use one.
We'll examine why the seemingly simple risk matrix can produce inconsistent and mathematically illogical outcomes. What you can do when you want a more quantitative decision made. How you can avoid some of these hidden flaws that can undermine confidence in the advice we provide to stakeholders. I'll walk you through a practical approach to introducing quantification within an existing matrix-based framework, improving consistency and making risk decisions more defensible without changing your organisation's established methodology.
Risk has a shape, it's a triangle. You will see it can fit it into a 5x5 square hole.

Date and time:

• 12 pm arrival for 12:30 pm presentation
• Duration: 40 mins talk, 15 minutes Q&A

Location:

• Queen St, Brisbane, 4000. Please join the group to access the meetup location. The meetup location will be posted in the comments section.

Parking and building access
There are numerous parking garages in the nearby area.

This meetup is open to anyone who is interested in cyber security, regardless of their level of knowledge or experience.

Contact
For any issues finding the location or other questions, please send a chat to the group organisers, or leave a comment in the event.