Strategic Risk Committee Meeting Minutes

17 February 2014 – 2.00pm

Present:
Julie Hammer (Chair), Adam King, Chris Disspain, Erhan Karabardak, George Pongas, Jo Lim, Josh Rowe, Kartic Srinivasan, Jacki O’Sullivan (Minutes)

Apologies:
Nil


1. Previous Minutes
The Committee noted the previously approved and published 19 August 2013 minutes.

2. Document Repository:
Dropbox and Own Cloud options for a Board document repository were identified and discussed.  The Committee agreed AK would investigate & provide further information on Own Cloud, so that a comparison of these two options could be made.

The Committee agreed on the following next steps:

a) Agree on what application should be used;
b) Agree on how the application would be used;
c) Provide guidance and standard procedures on Board data held by Directors.  JL will prepare an initial procedures document for finalising at the next Risk meeting for submission to the Board.

3. Risk Action Status Report:

AK circulated the Handover brief, Disaster Recovery and Threat Matrix documents and gave verbal updates and summaries.  It was noted the documents had not yet been updated.

The committee agreed AK would update the documents and circulate 2 weeks prior to the next meeting for Committee members to review prior to finalising at the next Risk Committee meeting.

4. Other Business.
The following action item was carried forward from 19 August 2014.

Traffic Light Risk Action Status report:  Agreed JL would add columns for:

Last review date (with comments on what had changed);
A dual risk severity column (before/after);
ETA column.

5. Next meeting
The next meeting will be held on Monday 14 April 2014 at 9.30am.