This post first appeared on Risk Management Monitor. Read the original article. Just when it seemed like things couldn’t get any worse in California, the Carr wildfire ignited, claiming six lives so far. The fire in Northern California near the city of Redding has been burning since July 23 and is now one of the (more…)
Why Visibility Into Contracts is Crucial for Procurement Pros
This post first appeared on Risk Management Monitor. Read the original article. Risk is a topic of pervasive and growing concern in supply and sourcing management. Procurement itself is no longer just about acquiring products and services for the best price and controlling expenses. Instead, purchasing and supply professionals are under tremendous pressure to drive (more…)
Data Breach Risk: What’s Next?
This post first appeared on Risk Management Monitor. Read the original article. Ten years ago, many companies didn’t even ask about using encryption to protect data. Over the years, that has changed. More security and privacy professionals began to see it as an option in their cybersecurity defense. Then it eventually became a necessary component (more…)
Trump Administration Plans National Cyber Risk Management Initiative
This post first appeared on Next Gov. Read the original article. The effort will include the Homeland Security, Treasury and Energy departments along with smaller sector-specific agencies.
Deadly Ferguson Wildfires Threaten Access to Yosemite Park
This post first appeared on Risk Management Monitor. Read the original article. The Ferguson wildfires have been spreading in Mariposa County, California on the western edge of Yosemite National Park for days, burning 27 square miles and taking the life of one firefighter. The Mercury News reported that more than 1,400 firefighters have been on (more…)
Export-Import Bank: The Bank Needs to Continue to Improve Fraud Risk Management, Jul 19, 2018
This post first appeared on GAO Reports. Read the original article. What GAO Found In managing its vulnerability to fraud, the Export-Import Bank of the United States (the Bank) has adopted some aspects of GAO’s A Framework for Managing Fraud Risks in Federal Programs (Fraud Risk Framework). This framework describes leading practices in four components: (more…)
The Data Analytics Adventure
This post first appeared on Risk Management Monitor. Read the original article. Is your audience changing? Are your products still relevant and addressing customers’ needs? Are there opportunities for organization to predict—or least make an informed guess—about the future of the market or other trends? Answers to these difficult questions are often buried in the (more…)
Medicare: Actions Needed to Better Manage Fraud Risks, Jul 17, 2018
This post first appeared on GAO Reports. Read the original article. What GAO Found In its December 2017 report, GAO found that the Centers for Medicare & Medicaid Services’ (CMS) antifraud efforts for Medicare partially align with GAO’s 2015 A Framework for Managing Fraud Risks in Federal Programs (Framework). The Fraud Reduction and Data Analytics (more…)
Information Security: Review of GAO’s Program and Practices for Fiscal Years 2016 and 2017, Jul 17, 2018
This post first appeared on GAO Reports. Read the original article. Objectives This is a publication by GAO’s Office of Inspector General (OIG) that concerns internal GAO operations. This report addresses GAO’s fiscal year 2016 and 2017 compliance with Federal Information Security Modernization Act of 2014 (FISMA) requirements. What OIG Found During the period reviewed, (more…)
Resiliency in 2018: Q&A With BCI’s David Thorp
This post first appeared on Risk Management Monitor. Read the original article. Organizational resiliency is a focus of the Business Continuity Institute (BCI) and executive director David Thorp. It was the theme of this year’s annual Business Continuity Awareness Week, which Risk Management Monitor covered in May, and was the focus of BCI’s updated manifesto. (more…)