This post first appeared on GAO Reports. Read the original article. What GAO Found In April 2019, GAO identified 26 priority recommendations for the Department of Homeland Security (DHS). Since then, DHS has implemented 4 of those recommendations. In doing so, DHS, as a member of the Mitigation Framework Leadership Group, published the National Mitigation (more…)
Earth Day 2020: What Does Climate Change Mean for Risk Management?
This post first appeared on Risk Management Monitor. Read the original article. On Earth Day 2020, risk professionals can reflect on ways to protect both the environment and their businesses. Worldwide, climate change poses countless risks, including increasing the frequency and magnitude of natural disasters, reducing access to resources and disrupting supply chains. To celebrate (more…)
We Need Mission-focused Risk Management Programs to Adapt to Changing Circumstances
This post first appeared on Next Gov. Read the original article. In the midst of a global pandemic, it is more important than ever to know which systems are critical to our operations.
Risk Management in the Cannabis Industry During COVID-19
This post first appeared on Risk Management Magazine. Read the original article. The coronavirus (COVID-19) pandemic will be a defining event for entrepreneurs and business owners making their way in the growing legal cannabis industry. Though they may have thrived before despite a lack of traditional capital sources, uneven regulation and intense scrutiny, this crisis (more…)
Priority Open Recommendations: Department of Justice, Apr 20, 2020
This post first appeared on GAO Reports. Read the original article. What GAO Found In April 2019, GAO identified 14 priority recommendations for the Department of Justice (DOJ). Since then, DOJ has implemented 7 of those recommendations by, among other things, improving the information it provides on Federal Bureau of Investigation (FBI) whistleblower complaints, ensuring (more…)
NEW REPORT: Risk Management in the AI Era: Navigating the Opportunities and Challenges of AI Tools in the Public Sector
This post first appeared on IBM Business of Government. Read the original article. Wednesday, April 15, 2020 Michael J Keegan Threefold strategy to assist government leaders and public managers with how best to approach using AI Artificial Intelligence (AI) has moved into the mainstream of business and government. Business leaders are rushing to take advantages (more…)
Risk-Based Decision-Making: A Key Capacity for Government Today
This post first appeared on IBM Business of Government. Read the original article. Monday, April 13, 2020 Dan Chenok and Michael J. Keegan Managing risk in the public sector has taken on new significance in light of the government and national response to COVID-19. The safety and security of the nation faces threats from this (more…)
Enterprise risk management: More critical than ever
The fast-moving, global reach of the coronavirus has illustrated that a forward-looking approach to risk management is more important than ever. While no one could have predicted the nature, severity, or timing of the virus, it’s clear that organizations should include such risk scenarios in future strategic discussions.
Coronavirus turns up the heat on cybersecurity projects
Cybersecurity projects – even important ones – often languish, due to budget constraints, scarce resources or simply because they’re just lower priority in the long list of things that need to be done. But for all the havoc it’s wreaked, the Covid-19 pandemic has pushed many of these initiatives to the forefront where they’re gaining traction.
How to Leverage ERM Principles to Better Respond to COVID-19-related Risks
The novel coronavirus is providing a catastrophic lesson on how critical it is for business leaders to come together to share information about the different kinds of risks being triggered by this single root cause event. No single risk associated with the COVID-19 pandemic crisis can be managed in isolation given there is an interconnected aspect to these risks and how organizations can address them.