The pace of technological innovation has been astounding the world for decades. Just consider the fact that computing and processing capacity of computers hits double figures every 18 months(1). Additionally, 89% of big data has been produced within the last two years(2). It is clear; the speed at which technology advances is impressive and does not show any signs of slowing.
These innovations have revolutionized the risk and management space, providing new tools and access to vast amounts of data. This might sound like amazing progress for the industry; however, decision making is not getting easier. Why? Because while one might think that the more information available, the better, when it comes to risk and threat management, more data is not necessarily a good thing. Particularly when time is a premium and resources are not doubling or even remotely growing at the same rate as the access to information and data always circulating.



