This post first appeared on Risk Management Magazine. Read the original article. Risk can span across multiple areas within the business environment, and a single risk factor can have numerous cross-organizational touch points. Vastly different business units such as information security, vendor management, compliance, business continuity, physical security and human resources are all critical aspects (more…)

This post first appeared on Risk Management Monitor. Read the original article. As we’ve seen with the recent Kilauea volcanic eruption and last year’s catastrophic hurricane season, natural disasters are becoming more frequent and dramatically more powerful. In fact, NOAA recently reported that weather and climate disasters reached an all-time high in damage costs within (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found GAO designated the federal management of programs that serve tribes and their members as high risk, and officials from the Department of the Interior’s Office of the Assistant Secretary-Indian Affairs (Indian Affairs), the Bureau of Indian Education (BIE), the Bureau of (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found GAO designated the federal management of programs that serve tribes and their members as high risk, and officials from the Department of the Interior’s Office of the Assistant Secretary-Indian Affairs (Indian Affairs), the Bureau of Indian Education (BIE), the Bureau of (more…)

This post first appeared on Risk Management Magazine. Read the original article. Artificial intelligence (AI) officially became mainstream when, in 2011, IBM’s Watson defeated several human competitors on the game show “Jeopardy!” This was significant, as Watson was not connected to the internet and was required to parse through complex and subtle language nuances to (more…)

This post first appeared on Risk Management Monitor. Read the original article. The Securities and Exchange Commission (SEC) recently named James Reese as the Chief Risk and Strategy Officer for the Office of Compliance Inspections and Examinations (OCIE), which also leads the Office of Risk and Strategy (ORS). These offices assess companies’ and products’ risk to (more…)

This post first appeared on Risk Management Magazine. Read the original article. In the last decade, the world has become a very small place when it comes to the ability of thieves to reach out and grab your property. In large measure, this is the result of breathtaking innovation in computer connectivity. While 21st century innovations have brought (more…)

This post first appeared on Risk Management Magazine. Read the original article. In March, the Trump administration sparked an outcry by announcing that it would impose import tariffs of 10% on aluminum and 25% on steel, following earlier tariffs on solar panels and washing machines. Representatives from the retail, automobile, manufacturing, construction and information technology (more…)

This post first appeared on Risk Management Magazine. Read the original article. Many workplaces today reflect the exceptional diversity of the United States. Proud of their workforce diversity, companies highlight it on annual report covers and in recruitment and marketing materials. But beyond looking diverse, are these workplaces actually inclusive? No figures or statistics can (more…)