Risk Management

Empowering Students to Prevent School Shootings

Phoebe Keleman discusses the uniquely American epidemic of gun violence – specifically mass shootings – currently occurring in schools. The author believes that regardless of the cause, a new approach needs to be taken for risk mitigation and prevention within the current context. The recommendations include suggestions for how students can work together with their teachers and administrators to help prevent school shootings.

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Understanding the SEC’s Inadequate Internal Controls

Miranda Lin discusses recent risk-related incidents at the U.S. Securities and Exchange Commission (SEC), and the apparent lack of adequate internal controls enforced within the organization. The author identifies some of the possible improvements to be made to the SEC’s internal controls environment regarding their people, process, and systems.

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Effective Global Incident Response

Bruno Langevin discusses some of the critical elements of our increasingly global corporate community, and the additional complexities of incident management across global geographies and cultures. In response to these complexities, the author identifies how companies can better prepare for and manage risk programs at the international level, which require additional awareness and adjustments in order to be successful.

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Mandatory Cybersecurity Risk Management Framework in Healthcare Sector

Andy Herman discusses the gap in the current healthcare cybersecurity approach – that there is no mandatory risk management framework for healthcare organizations. The author suggests introducing a mandatory implementation of a full cybersecurity framework with monitoring systems before receiving the incentives guaranteed by the meaningful use clause associated with electronic health records.

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Ashley Madison and Managing a Risky Business

Kevin Rawls discusses some of the heightened levels of internal and external risks faced by a business that operates in a legally sound but morally compromised space.The website AshleyMadison.com is a now notorious website built around enabling married people to have extramarital affairs, that in 2015 experienced a very severe data breach of its customers’ data.

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Can the U.S. Treasury Keep Your Money Safe?

Michael Callier discusses the U.S. Treasury's role in strengthening the security and resilience of the U.S. financial services sector. This paper analyzes the rising risks of cyber-attacks, amplified by resistance to incident information sharing and the lack of third-party vendor cyber controls, and the appropriate risk management strategies.

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Pandemic Risk Assessment

Examines influenza as more than simple flu-like symptoms. It conducts a risk assessment that is difficult due to the constantly mutating nature of influenza virus. In order to assess potential risk, organizations must constantly monitor patient data on local, state, national, and worldwide levels. Compilation of data and coordinated responses are necessary to prevent spread of the virus and develop vaccines. Additionally private sectors must coordinate effort with public sectors.

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