This post first appeared on Risk Management Magazine. Read the original article. One of the biggest surprises of the pandemic has been the remarkable resilience of certain businesses as they dealt with risk, including supply chain shocks, transitioning their workforces to remote seemingly overnight, pivoting to meet new customer needs, and navigating a host of (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found Federal entities have a variety of roles and responsibilities for supporting efforts to enhance the cybersecurity of the nation. Among other things, 23 federal entities have roles and responsibilities for developing policies, monitoring critical infrastructure protection efforts, sharing information to enhance (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found The federal government has long identified the financial services sector as a critical component of the nation’s infrastructure. The sector includes commercial banks, securities brokers and dealers, and providers of the key financial systems and services that support these functions. Altogether, (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found The federal government has long identified the financial services sector as a critical component of the nation’s infrastructure. The sector includes commercial banks, securities brokers and dealers, and providers of the key financial systems and services that support these functions. Altogether, (more…)

This post first appeared on IBM Business of Government. Read the original article. Wednesday, September 16, 2020 John Kamensky Nirvana for a chief financial officer is a “clean” audit opinion on their agency’s annual financial statement. For 22 of the 24 largest federal agencies, they’ve achieved that status. Two agencies remain in financial statement purgatory (more…)

This post first appeared on Risk Management Magazine. Read the original article. Multinational risk management is challenging during the best of times. Add in the complications associated with a global pandemic, including remote workers, tracking and managing policies across multiple lines in multiple countries, as well as monitoring claims and emerging risks worldwide, and things (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found The Department of Veterans Affairs (VA) has faced challenges in its efforts to accomplish three critical information technology (IT) modernization initiatives: the department’s health information system, known as the Veterans Health Information Systems and Technology Architecture (VistA); a system for the (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found Since 1998, the Federal Communications Commission’s (FCC) E-rate program has been a significant source of technology funding for schools and libraries (applicants) to obtain affordable broadband and telecommunications services. Other program participants include service providers and E-rate consultants that assist applicants (more…)