This blogpost describes COVID liability waivers. Jeremy Byelin (Vice President, Legal and Regulatory Affairs, Shared Assessments) shares his view on the potential benefits of this legal safeguard. As COVID cases continue to rise in many areas of the world, businesses...
Recent events point to the need to reexamine the Fiduciary Duty of Boards. Wirecard AG, headquartered in Munich, Germany, is a large, international payments processing fintech company. On June 19th, the Wall Street Journal reported that funds totaling approximately...
Shared Assessments’ Continuous Monitoring Working Group recently convened to examine the financial crime risks that a vendor manager must understand. Ken Wolckenhauer, head of vendor due diligence and review for the New York branch of Finland-based Nordea Bank, led...
Shared Assessments’ Operational Technology Risk Management Working Group has been discussing the impact of the pandemic on factory floors across the world. The COVID-19 pandemic’s expansion has led to labor constraints across the globe. Companies are...
Three decades ago, Nike’s iconic “Bo Knows” campaign featured TV commercials of teammates marveling at Bo Jackson’s incredibly rare skill set. He was the first modern professional athlete to play on Major League Baseball and the National Football League teams in the...
In late November, The Wall Street Journal ran an exposé on cyberattacks that have struck more than a dozen utilities that operate near critical infrastructure across 18 states. The report underscored the need to heed the U.S. government’s repeated warnings that the...
Last August, Governor John Kasich signed the Ohio Data Protection Act into law. The law creates a safe harbor that insulates “covered entities” from tort liability under Ohio state law if they “create, maintain, and comply with a written cybersecurity program”...
By Bob Jones, Senior Advisor, The Santa Fe Group There are three different aspects of fraud that are relevant to third parties. The first is defalcations by the third party’s employees exploiting inadequate internal controls. The second is fraud perpetrated by...
In this series, Shared Assessments Advisory Board Committee member Ken Peterson talks about managing cyber risk in the Healthcare space. We look forward to hearing more on this topic from Ken and the NH-ISAC at the 10th Annual Shared Assessments Summit. Q&A...
Local government liability exposure is far-flung and both large and small municipalities are vulnerable. As the landscape of risk has evolved, not only facilities and service delivery risk management come into play. Now in-house and third party management is essential...