This post first appeared on Risk Management Magazine. Read the original article. Concerns about political unrest and terrorism continue to be high on the agenda for risk managers of multinational businesses. According to the 2017 Allianz Risk Barometer, these fears ranked eighth among the top corporate perils cited by risk consultants, underwriters, senior managers and (more…)

This post first appeared on Risk Management Magazine. Read the original article. How to Use the World Economic Forum’s Cybersecurity Principles A 2017 WEF report outlines best practices for boards and the C-suite to help strengthen an organization’s cyber practices by providing guidance for managing cyberrisks much in the same way that organizations manage enterprise (more…)

This post first appeared on Risk Management Magazine. Read the original article. President Trump has vowed to protect U.S. workers and jobs and it is clear that one way he plans to achieve this goal is by policing immigration compliance. Under the Trump Administration, U.S. Immigration and Customs Enforcement (ICE) will increase worksite enforcement actions (more…)

This post first appeared on Risk Management Magazine. Read the original article. Fuel spills and discharges of hazardous materials, pollutants and other regulated materials, even in small quantities, can turn into expensive incidents for spill generators and their insurers. Therefore, the time to prepare for an environmental release is before it happens. Spill preparedness starts (more…)

This post first appeared on Risk Management Magazine. Read the original article. Just a few years ago, the nascent insurtech sector received scant attention from the insurance industry. But with the number of companies in the space growing exponentially, more insurers, intermediaries and risk managers are being forced to take notice. Insurtech refers to the (more…)

This post first appeared on Risk Management Magazine. Read the original article. Compared to property, plant and equipment (PP&E) assets, the impact of business disruption to cyber assets is 72% greater, organizations value cyber assets at 14% more, and quantify probable maximum loss from cyber assets is 27% higher, according to the 2017 Cyber Risk (more…)

This post first appeared on Risk Management Magazine. Read the original article. When I was 12 or 13 years old, I ran in my first competitive race, a neighborhood 5K that had been organized around the 40th anniversary of my hometown. I don’t remember my time, but I do know that I came in second (more…)

This post first appeared on IBM Business of Government. Read the original article. The IBM Center’s Weekly Roundup highlights articles and insights that we found interesting. Michael J. Keegan$500M IT modernization bill passes House. The Modernizing Government Technology Act passed the House of Representatives on a voice vote, but the Senate outlook is less certain. (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found The Department of Homeland Security (DHS) has fully implemented 28 of the 31 selected Federal Information Technology (IT) Acquisition Reform Act (FITARA) action plans; however, as of December 2016, DHS did not fulfill all aspects of 3 action plans. For example, (more…)