ABSTRACT
Ancient History: My, How Time Passes when You’re Having Fun There was a time when computers occupied entire buildings with their support units staffed by hundreds of workers. Instead of model numbers, these computers were given names like the Bombe, Colossus, and Eniac. In those primitive times, it was sufficient to have a risk management process with the objective of protecting an organization’s assets after a natural disaster struck. Protective measures usually consisted merely of having extra business supplies stockpiled in a supply closet. Having malicious employees on staff was unthinkable. Formalized program assessments, testing, and revising were not part of those early processes; they were afterthoughts assigned as a lesser part of official responsibilities. It seems risk management processes were guided by the attitude of “hope for the best, and pray for the rest.”
