Economic Factors Drive Top Risks

This post first appeared on Risk Management Magazine. Read the original article. Economic slowdown or slow recovery was ranked as the top risk facing businesses this year, according to Aon’s 2019 Global Risk Management Survey, followed by reputation or brand damage. “Accelerated rates of change in market factors” was third, up from 38th in 2017, (more…)

2020 Census: Additional Actions Needed to Manage Risk, May 31, 2019

This post first appeared on GAO Reports. Read the original article. What GAO Found As of December 2018, the Census Bureau (Bureau) had identified 360 active risks to the 2020 Census. Of these, 242 required a mitigation plan and 232 had one; 146 required a contingency plan and 102 had one (see table). Mitigation plans (more…)

2020 Census: Additional Actions Needed to Manage Risk, May 31, 2019

This post first appeared on GAO Reports. Read the original article. What GAO Found As of December 2018, the Census Bureau (Bureau) had identified 360 active risks to the 2020 Census. Of these, 242 required a mitigation plan and 232 had one; 146 required a contingency plan and 102 had one (see table). Mitigation plans (more…)

From Westeros to Government and Business, Women Have Less Voice

This post first appeared on Risk Management Monitor. Read the original article. In the final, contentious season of HBO’s fantasy epic “Game of Thrones,” two powerful queens face off in a battle for control over the entire known world. Meanwhile, other formidable female characters outmaneuver their rivals to command entire kingdoms and (spoiler alert) strike (more…)

New AMRAE Survey Explores RMIS’ Global Market Trends

This post first appeared on Risk Management Monitor. Read the original article. Recently, the Association for the Management of Risk And Insurance of Enterprise (AMRAE) and EY jointly released the 11th edition of the RMIS Panorama, offering an in-depth look at the organizations and professionals who are using risk management information systems (RMIS), how well they have adapted, and guidance (more…)

The Risky ‘Business of Art’ Explored at Observer Event

This post first appeared on Risk Management Monitor. Read the original article. From left: Massimo Sterpi, Elena Zavelev, Anne Bracegirdle, Devin Finzer, Curt Bilby / Photo: Keith Sherman & Associates NEW YORK—On May 21, the Observer’s inaugural “Business of Art Observed” event brought experts in art, insurance, risk management, tech and finance to the Roosevelt (more…)

Export-Import Bank: EXIM Should Explore Using Available Data to Identify Applicants with Delinquent Federal Debt, May 23, 2019

This post first appeared on GAO Reports. Read the original article. What GAO Found The Export-Import Bank of the United States (EXIM) reported having antifraud controls in place for mitigating the fraud risks that GAO identified and communicated to EXIM officials. GAO reviewed 44 EXIM-associated court cases involving fraud and identified fraud risks involving the (more…)

McDonald’s Sued for Sexual Harassment at Franchises

This post first appeared on Risk Management Monitor. Read the original article. This week, 25 women in 20 cities across the United States brought sexual harassment charges and lawsuits against fast food giant McDonald’s with the U.S. Equal Employment Opportunity Commission (EEOC), alleging that the company has neglected its duty to protect employees from harassment. (more…)

School Meals Programs: USDA Has Reported Taking Some Steps to Reduce Improper Payments but Should Comprehensively Assess Fraud Risks, May 21, 2019

This post first appeared on GAO Reports. Read the original article. What GAO Found The Department of Agriculture (USDA) has reported various actions aimed at lowering estimated improper payment error rates in the National School Lunch Program and School Breakfast Program (school meals programs). Examples include a new application prototype intended to reduce applicant errors (more…)

School Meals Programs: USDA Has Reported Taking Some Steps to Reduce Improper Payments but Should Comprehensively Assess Fraud Risks, May 21, 2019

This post first appeared on GAO Reports. Read the original article. What GAO Found The Department of Agriculture (USDA) has reported various actions aimed at lowering estimated improper payment error rates in the National School Lunch Program and School Breakfast Program (school meals programs). Examples include a new application prototype intended to reduce applicant errors (more…)