Notes (alphabetical)
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Data Governance is a framework of policies, procedures, and roles designed to ensure that an organisation’s data is accurate, secure, trustworthy, as well as being in compliance with ethical, regulatory, and business requirements. Strong Data Governance allows organisations to derive value from their data while mitigating risks.
DevOps combines development and operations practices to streamline software delivery through collaboration, automation, and continuous integration/continuous delivery (CI/CD) pipelines DevOps enables faster and more reliable deployments, bringing benefits such as improved efficiency, scalability and accelerated time-to-market. With the right design, automated control procedures can mitigate specific risks in development, such as coding errors and security vulnerabilities. Related DevSecOps
DevSecOps is a concept that integrates security practices into the DevOps process to ensure rapid software delivery while maintaining security. DevSecOps emphasises automating security checks and embedding security early in the software development lifecycle. The primary benefit is reducing vulnerabilities while maintaining the speed and agility in development that DevOps brings. The DevSecOps acronym comes from the three words Development, Security and Operations. Further reading Secure DevOps environments for Zero Trust (Microsoft Learn) ...
Fraud happens when someone deliberately deceives others for personal gain or to harm someone else. Fraud can cause serious problems for organisations, including losing money and damaging its reputation. Common ways to prevent fraud in an organisation include setting up strong internal controls, carrying out regular reviews and audits, and promoting a culture of honesty and ethical behaviour. Further reading Fraud 101: What Is Fraud? - Association of Certified Fraud Examiners Fraud - The Counter Fraud Practitioner’s Handbook (2012) Fraud and Corruption - Cases and Materials (2022)
Gharar is a fundamental concept in Islamic finance, derived from the Arabic word for uncertainty, ambiguity, deception or risk. It is often translated into English as excessive risk, hazard or speculation. In Islamic finance, Gharar refers to transactions where the terms or subject matter are uncertain, leading to a significant imbalance of information - information assymetry - or a high probability of loss for one or more parties. This includes contracts with unknown outcomes, poorly defined specifications, or contingencies that are difficult or impossible to quantify or assess. ...