This post first appeared on Risk Management Magazine. Read the original article. Fraud incidents continue to increase in frequency, with 84% of companies reporting at least one occurrence in the past year, up from 82% in 2016, according to Kroll’s tenth annual Global Fraud & Risk Report. For the first time in the survey’s history, (more…)

This post first appeared on Risk Management Monitor. Read the original article. Earlier this month, Amtrak President Richard Anderson told the House railroads subcommittee that his company is on target to complete installation of positive train control (PTC) on the infrastructure it controls and on all of its equipment by the Dec. 31, 2018 federal deadline. He (more…)

This post first appeared on Risk Management Monitor. Read the original article. As technology becomes more critical to company success, the number of cyberattacks has climbed. As a result, Cyberrisk has become one of the top risks for companies around the world, according to the Marsh-Microsoft Global Cyber Risk Perception Survey. Almost two-thirds of survey (more…)

This post first appeared on Risk Management Magazine. Read the original article. Right now, somewhere in the United States, a cyberattack is happening. In fact, many cyberattacks are likely happening—which is why cybercrime damage costs are estimated to hit $6 trillion annually by 2021. Risk management professionals and executives are not only challenged by the (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found Most of the 16 critical infrastructure sectors took action to facilitate adoption of the National Institute of Standards and Technology’s (NIST) Framework for Improving Critical Infrastructure Cybersecurity by entities within their sectors. Federal policy directs nine federal lead agencies—referred to as (more…)

This post first appeared on Risk Management Monitor. Read the original article. DWR Photo: Lake Oroville on Jan. 19, 2018 with lake levels at 707 feet. A year after the spillway collapse at the Oroville Dam, leading to evacuations of almost 200,000 residents and a beat-the-clock patching job to avoid a break in the tallest (more…)

This post first appeared on Risk Management Monitor. Read the original article. More than 54,000 bridges along the Interstate Highway System in the United States were rated as “structurally deficient,” according to new analysis conducted by the American Road & Transportation Builders Association’s (ARTBA). This was just one of many of the concerning statistics detailed by (more…)

This post first appeared on IBM Business of Government. Read the original article. Articles from across the Web that we at the IBM Center for The Business of Government found interesting for the week of January 29 – February 2, 2018. John Kamensky Citizen Satisfaction Rises.  NextGov reports: “Citizen satisfaction reached an 11-year high last (more…)

This post first appeared on Risk Management Monitor. Read the original article. Now through Feb. 14 is the busy season for the online dating and matchmaking industry. Heavier traffic can present risks to these sites, demanding added precautions. Ronald Sarian, vice president and general counsel (and default risk manager) at eHarmony spoke to Risk Management Monitor (more…)