This post first appeared on Risk Management Magazine. Read the original article. Earlier this year, the International Organization for Standardization (ISO) published a long-awaited revision to ISO 31000, its risk management guidelines. After the June 2017 revision of the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO) Enterprise Risk Management (ERM) framework, this means (more…)

This post first appeared on Risk Management Magazine. Read the original article. An organization is only as strong as its weakest link and when it comes to cybersecurity, employees are that weak link—and, in turn, a prime target. While technology plays an essential role in any organization’s defense, it does not stop employees from making (more…)

This post first appeared on Risk Management Magazine. Read the original article. While certainly necessary, the use of passwords for account authentication is flawed. Think for a moment about the passwords you have set for the dozens of work and personal accounts you access every day. At least one password you use is likely derived (more…)

This post first appeared on Risk Management Magazine. Read the original article. As emerging technology increasingly influences business strategies and operations, many risk professionals are struggling to keep pace with the associated risks, according to a report by Marsh and RIMS. In the 15th annual Excellence in Risk Management survey, 59% of respondents said their (more…)

This post first appeared on Risk Management Magazine. Read the original article. Hawaii’s Kilauea Volcano Erupts On May 3, the Kilauea volcano on Hawaii’s Big Island erupted, triggering a magnitude-6.9 earthquake and beginning weeks of dangerous volcanic activity. As of mid-May, at least 23 fissures had opened on the island since the eruption, spewing lava, (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found The National Nuclear Security Administration (NNSA) incorporated most cost estimating best practices to develop the program cost estimate for the B61-12 Life Extension Program (LEP), which seeks to consolidate four versions of a nuclear weapon—the B61 bomb—into a bomb called the (more…)

This post first appeared on Risk Management Monitor. Read the original article. Hazardous work zones, insufficient planning, prescription and illegal drugs and distracted driving continue to affect the careers and companies of employees in the United States. According to the National Safety Council’s (NSC) Injury Facts, the lifetime odds for the top three accidental causes (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found The National Aeronautics and Space Administration (NASA) has not yet effectively implemented leading practices for information technology (IT) management. Specifically, GAO identified weaknesses in NASA’s IT management practices for strategic planning, workforce planning, governance, and cybersecurity. NASA has not documented its (more…)

This post first appeared on Risk Management Monitor. Read the original article. Recent volcanic activity in Hawaii has turned national attention to emergency preparedness planning. As previously reported, the Kilauea eruption lessened but caused aftershocks, lava flow and lingering hazardous fumes in nearby areas. About 1,800 people live in the area, which was ordered to (more…)