This post first appeared on GAO Reports. Read the original article. What GAO Found Of six important leading practices for effective business process reengineering and information technology (IT) requirements management, the Federal Emergency Management Agency (FEMA) fully implemented four and partially implemented two for the Grants Management Modernization (GMM) program (see table). Specifically, FEMA ensured (more…)

This post first appeared on Risk Management Monitor. Read the original article. April is Distracted Driving Awareness Month, and the National Security Council (NSC) released new data this week that explores added transportation risks when emergency responders are en route to provide aid. It is clear that the mere presence of emergency personnel on the (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found Two offices within the Transportation Security Administration (TSA) conduct covert tests at U.S. airports—Inspection and Security Operations. The Department of Homeland Security requires that agencies use risk information to make decisions, and TSA issues annual risk assessments of threats that its (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found The amount of mortgage-backed securities (MBS) that the Government National Mortgage Association (Ginnie Mae) guaranteed rose from $500 billion to $2 trillion in fiscal years 2007–2018—exposing it to a greater risk of loss. From 2011 to 2018, the majority of institutions (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found The amount of mortgage-backed securities (MBS) that the Government National Mortgage Association (Ginnie Mae) guaranteed rose from $500 billion to $2 trillion in fiscal years 2007–2018—exposing it to a greater risk of loss. From 2011 to 2018, the majority of institutions (more…)

This post first appeared on Risk Management Monitor. Read the original article. Three apparent suicides that occurred in late March reaffirmed the need for post-incident plans that address long-term trauma in the aftermath of workplace violence and mass shootings. All three decedents had either survived a school shooting or had been related to a victim. (more…)

This post first appeared on Risk Management Magazine. Read the original article. At the 2019 NBA All-Star Weekend in February, Oklahoma City Thunder rookie Hamidou Diallo soared above Shaquille O’Neal to win the slam dunk ­competition, but he was not actually the player who got the most air—soaring even higher was an even newer player: (more…)

This post first appeared on Risk Management Magazine. Read the original article. Almost every industry is in the grips of a seismic shift driven largely by technology, resulting in an everyday business environment marked by the rise of new business models, new market players, and a greater need for agility, flexibility and changing skillsets. Effective (more…)