This post first appeared on Risk Management Monitor. Read the original article. In the current climate of sexual harassment incidents being reported in a variety of industries across the country, organizations and their legal departments should be reviewing legislation and considering their legal risks, should they need to defend against sexual harassment or misconduct allegations. (more…)
Amtrak Washington Derailment Could Have Been Prevented
This post first appeared on Risk Management Monitor. Read the original article. An Amtrak train derailment near Tacoma, Washington on Dec. 18 that killed three passengers and injured about 100 was the result of excessive speed in a steep curve, and could have been prevented with automatic braking technology, according to experts. Amtrak Train No. 501, (more…)
Announcing the Center’s Newest Research Report Topics
This post first appeared on IBM Business of Government. Read the original article. The Center for The Business of Government continues to support research by recognized thought leaders on key public management issues facing government executives today We are pleased to announce our latest round of awards for new reports on key public sector challenges, (more…)
Using ERM to Protect Your Business from The Equifax Fallout
This post first appeared on Risk Management Monitor. Read the original article. As with many data breaches, the general conclusion of the Equifax attack is that personnel were not aware of the issue beforehand. This conclusion, however, is false. In early September, I anticipated that a vulnerability in Equifax’s software was known ahead of time, (more…)
Risk and Crisis Management Explored at Cyber Event
This post first appeared on Risk Management Monitor. Read the original article. NEW YORK—Cyberattacks and data security need to be high priorities for all businesses, experts stressed at ALM’s cyberSecure 2017 event here, Dec. 4 and 5. In fact, not only is failing to prepare for an attack or breach risky, it’s foolish, Kathleen McGee, (more…)
Medicare and Medicaid: CMS Needs to Fully Align Its Antifraud Efforts with the Fraud Risk Framework, Dec 05, 2017
This post first appeared on GAO Reports. Read the original article. What GAO Found The approach that the Centers for Medicare & Medicaid Services (CMS) has taken for managing fraud risks across its four principal programs—Medicare, Medicaid, the Children’s Health Insurance Program (CHIP), and the health-insurance marketplaces—is incorporated into its broader program-integrity approach. According to (more…)
Medicare and Medicaid: CMS Needs to Fully Align Its Antifraud Efforts with the Fraud Risk Framework, Dec 05, 2017
This post first appeared on GAO Reports. Read the original article. What GAO Found The approach that the Centers for Medicare & Medicaid Services (CMS) has taken for managing fraud risks across its four principal programs—Medicare, Medicaid, the Children’s Health Insurance Program (CHIP), and the health-insurance marketplaces—is incorporated into its broader program-integrity approach. According to (more…)
Santa’s Impact on Business and Finance
This post first appeared on Risk Management Monitor. Read the original article. Just as Santa Claus brings gifts down chimneys, his name alone also carries the stigma of risks that transcend all industries. Indeed, thanks to the logistics of his job we have a firm grasp of the risks of reindeer-led aviation. But perhaps more (more…)
Year in Risk 2017
This post first appeared on Risk Management Magazine. Read the original article. Whether it was natural disasters, cyberattacks, corporate crises, political uncertainty or terrorist activity, risk events made high-profile and often sobering headlines in 2017. Although by no means exhaustive, the following review of the year in risk can help risk professionals learn from the (more…)
On the Ground: Risk Management in a Historic Hurricane Season
This post first appeared on Risk Management Magazine. Read the original article. A devastating hurricane season left catastrophic damage across the Atlantic basin, with the most severe storms in more than a decade striking the Caribbean and southern United States in close succession. While the year is not yet over, 2017 is already one of (more…)