Never ascribe to malice, what can easily be attributed to carelessness, or stupidity. Further reading Hanlon’s razor - Wikipedia

The HKMA (香港金融管理局) is Hong Kong’s central bank and banking regulator.

High-agency individuals take control of their lives, overcome obstacles, and actively shape their own paths. At first glance, INFPs - introspective, idealistic, and emotionally driven — may not seem to fit this mould. They are often perceived, particularly by extroverts, as dreamers rather than doers. But this overlooks a unique strength: INFPs possess a unique form of agency, one that operates quietly yet powerfully, driven by conviction rather than brute force. ...

In the world of enterprise risk management, where objective analysis is essential, a silent threat can undermine even the most robust framework: confirmation bias. What is Confirmation Bias? Confirmation bias, the tendency to favour information that confirms pre-existing beliefs, can significantly impair risk identification, assessment and response. This bias can lead to a skewed perception of risk and its impacts, resulting in inadequate assumptions, mitigation strategies, and poor decision making and outcomes. ...

FAIR is a framework for threat modeling and a standard methodology for applying Value at Risk (VaR) principles to cybersecurity and operational risk. It promotes a consistent and measurable approach to analysing and quantifying risk. FAIR approaches risk from a quantitative rather than a qualitative perspective. Traditional risk management scales that use rank or order, for example Red-Amber-Green, High-Medium-Low, or Rated 1-5, as ordinal data are qualitative in nature. FAIR provides a more precise and objective way to assess risk by focusing on numerical data, enabling better-informed decision making, and a clearer understanding of the potential financial impact. ...