This post first appeared on Risk Management Magazine. Read the original article. In the last two decades, financial crimes have been steadily rising across the globe—not only in terms of volume, but also in complexity and sophistication. As a result, banks and financial institutions are grappling with the burden of direct losses and staggering remediation (more…)
Information Security: Agencies Need to Improve Implementation of Federal Approach to Securing Systems and Protecting against Intrusions, Dec 18, 2018
This post first appeared on GAO Reports. Read the original article. What GAO Found The 23 civilian agencies covered by the Chief Financial Officers Act of 1990 (CFO Act) have often not effectively implemented the federal government’s approach and strategy for securing information systems (see figure below). Until agencies more effectively implement the government’s approach (more…)
Critical Infrastructure Protection: Actions Needed to Address Significant Weaknesses in TSA’s Pipeline Security Program Management, Dec 18, 2018
This post first appeared on GAO Reports. Read the original article. What GAO Found Pipeline operators reported using a range of guidelines and standards to address physical and cybersecurity risks, including the Department of Homeland Security’s (DHS) Transportation Security Administration’s (TSA) Pipeline Security Guidelines , initially issued in 2011. TSA issued revised guidelines in March (more…)
Critical Infrastructure Protection: Actions Needed to Address Significant Weaknesses in TSA’s Pipeline Security Program Management, Dec 18, 2018
This post first appeared on GAO Reports. Read the original article. What GAO Found Pipeline operators reported using a range of guidelines and standards to address physical and cybersecurity risks, including the Department of Homeland Security’s (DHS) Transportation Security Administration’s (TSA) Pipeline Security Guidelines, initially issued in 2011. TSA issued revised guidelines in March 2018 (more…)
Information Security: Agencies Need to Improve Implementation of Federal Approach to Securing Systems and Protecting against Intrusions, Dec 18, 2018
This post first appeared on GAO Reports. Read the original article. What GAO Found The 23 civilian agencies covered by the Chief Financial Officers Act of 1990 (CFO Act) have often not effectively implemented the federal government’s approach and strategy for securing information systems (see figure below). Until agencies more effectively implement the government’s approach (more…)
Delta Places Age and Time Limits for Support Animal Travel
This post first appeared on Risk Management Monitor. Read the original article. Travelers might flock to, or flee Delta Airlines, depending on how they feel about emotional support and service animals. The company announced two risk management provisions as changes to its service and support animal policy with regard to the ages of the animals (more…)
Q&A With New National Cyber Security Alliance Executive Director Kelvin Coleman
This post first appeared on Risk Management Monitor. Read the original article. The National Cyber Security Alliance (NCSA) announced that its new executive director is Kelvin Coleman, who has held high-level positions in the United States Department of Homeland Security, and the National Security Council. Coleman’s appointment puts him in charge of the country’s leading (more…)
Improper Payments: Additional Guidance Needed to Improve Oversight of Agencies with Noncompliant Programs, Dec 07, 2018
This post first appeared on GAO Reports. Read the original article. What GAO Found Over half of the 24 Chief Financial Officers Act of 1990 (CFO Act) agencies were reported by their inspectors general (IG) as noncompliant with one or more criteria under the Improper Payments Elimination and Recovery Act of 2010 (IPERA) for fiscal (more…)
PBGC’s Fiscal Year 2018 Purchase Card Risk Assessment
This post first appeared on Office of Inspector General. Read the original article. PBGC’s Fiscal Year 2018 Purchase Card Risk Assessment
Fraud Risk Management: OMB Should Improve Guidelines and Working-Group Efforts to Support Agencies’ Implementation of the Fraud Reduction and Data Analytics Act, Dec 04, 2018
This post first appeared on GAO Reports. Read the original article. What GAO Found At varying stages, agencies have begun planning for and implementing fraud risk activities (like conducting an evaluation of fraud risks) required by the Fraud Reduction and Data Analytics Act of 2015 (FRDAA), according to GAO’s survey of agencies subject to the (more…)