HDR is honored to partner with QA. QA is the UK’s biggest training provider of virtual, online and classroom training in technology, project management and leadership. HDR will provide a “taster” event on quantifying IT/Cyber Risk on August 19th and August 20th.

Day 1: In this first session, we identify the widespread lack of quantitative IT risk analysis in (UK) organizations and the dangers posed by relying on risk matrices. Doug will then explain how our quantitative approach of AIE (Applied Information Economics) can help you make better, cost-effective risk analysis, which measurably reduce uncertainty and risk.

  • Date: Wednesday 19 August 2020
  • Time: 6:30am – 7:30am CDT
  • Cost: FREE

Day 2: Analyzing risk always involves a degree of subjectivity and associated uncertainty. In this session we focus how to estimate that uncertainty and how to reduce it – two essential activities in quantitative risk analysis. We do this by reviewing the results of the exercise given at the end of the previous session. We identify some of the obstacles to estimating uncertainty and show how you can be calibrated to overcome these obstacles and make better estimates.

  • Date: Thursday 20 August 2020
  • Time: 6:30am – 7:30am CDT
  • Cost: FREE

Learn more and sign up for the class by clicking here.

About the presenters:

Doug Hubbard

Doug Hubbard is the CEO of Hubbard Decision Research, founded in 1998. It provides consultancy and training in quantitative methods to support decision making. He is the creator of AIE (Applied Information Economics) whose principles underpin this quantitative approach. These methods have been adopted by businesses across many sectors and by government organizations.

Doug started his career as a management consultant at Coopers and Lybrand after gaining his MBA in 1988. As well as providing management consultancy, he is a sought-after speaker and the author of a number of books, including The Failure of Risk Management: Why It’s Broken and How to Fix ItHow to Measure Anything: Finding the Value of “Intangibles” in Business and How to Measure Anything in Cybersecurity Risk. The first two books are now set texts for exams for membership of the Society of Actuaries. His articles and research have also been published in a number of periodicals and learned journals, including Nature, The IBM R&D Journal, and The American Statistician.

Fred Hickling

Fred Hickling is a cybersecurity consultant and a QA associate trainer. Over the years, he has become aware of how little quantitative IT risk assessment is done in the UK. Introduced to Doug Hubbard’s work last year, he appreciated the extent to which this lack was a problem, as well as a way to fix it. He introduces this event – a step in bringing the benefits quantitative risk assessment to the attention the IT professionals in the UK.

Fred is a director of Networks and Systems Ltd, as well as being a non-executive director of another company not in the IT sector. He has numerous industry certifications, including CISSP, CISM, CISMP and CCISO, as well as several physics degrees.

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