This post first appeared on GAO Reports. Read the original article. What GAO Found The Federal Emergency Management Agency (FEMA) redesigned the Public Assistance (PA) grant program delivery model to address past challenges in workforce management, but has not fully assessed future workforce staffing needs. GAO and others have previously identified challenges related to shortages (more…)

This post first appeared on Risk Management Monitor. Read the original article. LOS ANGELES—Risk managers, whose job once focused on a basic “bucket of risks,” and making decisions about which risks are transferable and which ones the company should retain, have been “migrating along an evolutionary path which is allowing us to be more strategic,” (more…)

This post first appeared on Risk Management Monitor. Read the original article. NEW YORK—Advisen’s Cyber Risk Insights Conference, held during Cyber Week, featured risk management professionals and more than 20 panels and sessions on Oct. 26. The keynote was delivered by former New York City Mayor Rudolph W. Giuliani, currently the chair of Greenberg Traurig LLP’s (more…)

This post first appeared on Risk Management Magazine. Read the original article. In recent years, many corporations, including BP, Target and Volkswagen, have been prosecuted for various scandals and suffered financial and reputational damage for inflicting harm on their respective employees, customers, shareholders and communities. While these companies come from a wide range of industries (more…)

This post first appeared on Risk Management Magazine. Read the original article. Few enterprise risks are more complex, unwieldy and overwhelming than cyberrisks. A well-orchestrated cyberattack can derail business for weeks at a time and cause severe reputation damage. In preparing for such possibilities, risk managers and their colleagues in IT and security must not (more…)

This post first appeared on Risk Management Magazine. Read the original article. Many companies have suffered tarnished reputations when their products have become associated with the unpopular actions of other parties. For example, heavy-equipment manufacturer Caterpillar has long been lambasted for selling equipment to the Israeli Defense Force and having its bulldozers and other trucks (more…)

This post first appeared on Risk Management Magazine. Read the original article. The commercial building industry is expected to continue surging through the end of the year, with many independent forecasters predicting growth into 2018. ConstructConnect forecasted a 6.3% increase in total construction growth over 2016 and a 7.2% rise in construction spending this year, (more…)

This post first appeared on Risk Management Magazine. Read the original article. Traditionally, finance and strategy teams have been tasked with working together to promote corporate growth. Now, new research suggests they need to enlist a third partner—risk management—to achieve sustainable long-term growth. A study conducted by CEB (now Gartner) of the Fortune 1000 and (more…)

This post first appeared on Risk Management Magazine. Read the original article. Whether it has been natural disasters or  hacking incidents, recent crises have served as a dramatic reminder that it takes a lot to get back in business following a disruption. Complete disaster recovery means setting up a fully functioning physical or virtual infrastructure, (more…)