#140 – COVER YOUR ASSETS AND PLAUSIBLE DENIABILITY – ED PERKINS

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OLYMPUS DIGITAL CAMERAIn an earlier post [1] we looked whether ‘plausible deniability’ was now a dead strategy in the face of enterprise risk management (ERM) and the likely impact of the US SEC (Securities and Exchange Commission) guidance [2] regarding disclosure obligations relating to operational and cybersecurity risks and cyber incidents. The SEC noted that “a number of disclosure requirements may impose an obligation on registrants to disclose such risks and incidents. Continue reading

#140 – DRIVERS OF CHANGE: BUSINESS CONTINUITY PLANNING IMPLICATIONS – GEARY SIKICH

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Untitled1-150x150Introduction

Unpredictability is the new normal. As the world approaches 7 billion in population this year, there is an ever increasing demand for food, energy and a voice in how things are run. How do these changes affect business continuity planners, you may be asking? Then simple answer is, they will have far reaching effects on how business continuity planning is conducted. No longer can we be satisfied with the assurance that our “hot site” is available, or that we can maintain business operations in the face of a pandemic; or that we can deal with the aftermath of a natural disaster. Continue reading

#140 – FAULT TREE ANALYSIS BASICS – FRED SCHENKELBERG

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Fault tree analysis (FTA) is a technique used to explore the many potential or actual causes ABC Fredof product or system failure. It is best applied when there are many possible ways for something may fail. For example, when my car doesn’t start, it could be a dead battery, a faulty starter, a loose wire, an absence of fuel, and on and on. Continue reading

#140 – THE RISK CHALLENGE TO THE QUALITY PROFESSION – JAMES KLINE PH.D

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aIMG_4231With the adoption of ISO 9001.2015 and the Office of Management and Budget’s (OMB) revision of Circular A-123, management of both the private sector and federal government must now pay formal attention to risk across their enterprise. In addition, the Government Accountability Office (GAO) has updated the “Standards for Internal Control in the Federal Government”, the Green Book, to better accommodate risk assessment. Continue reading

#140 – RISK AHEAD OR RISK BEHIND? – ERIC SCHULZE

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A Eric“Only after the ship has sunk does everyone know how it might have been saved.”

Healthcare is changing at an incredible pace. Identifying what’s relevant and prioritizing the changes that will impact a hospital is an enormous challenge for a hospital’s leadership. Unfortunately, many hospitals, especially rural hospitals, are not able to mitigate the problems successfully.   Continue reading