Buffett Understands That Cyber Reputation Matters

(Bloomberg) — Business Wire, the press-release distribution company at Warren Buffett’s Berkshire Hathaway Inc., hired Robert Markel as chief information security officer after allegations in August that an insider-trading ring relied on computer hackers to...

4 Rules of Nonprofit Risk Mitigation

We all want to reduce threats. This brief post talks about mitigation, which is any action taken to decrease the likelihood of a threat occurring, decrease the impact if it does occur, or decrease the suddenness of its onset in order to give the organization more time...

The Costs of Poor Risk Assessment

When people fail to assess risks properly and don’t take responsibility for mistakes, organizations lose value.  Wasted Effort Shigeo Shingo, the Japanese industrial engineer who developed the Toyota Production System, said that the worst kind of waste is the...