by French Caldwell | January 23, 2009 | Comments Off
I just heard this morning that the White House can’t get its e-mails to work. I also noticed when doing some research on gov risk management procedures that the OMB website is inaccessible (thank goodness for Google caching). Maybe the OMB website is down on purpose. I remember in the last transition how Bill Clinton’s [...]
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by French Caldwell | January 15, 2009 | Comments Off
Considering the news of fraud and bribery at services providers Satyam and Siemens, I’ve developed a survey to assess how organizations are evaluating vendor risk. Would you please take this survey? Survey results and a complimentary Gartner research note, “Managing IT Risks During Cost-Cutting Periods” will be sent to anyone completing the survey. Click Here [...]
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by French Caldwell | January 15, 2009 | Comments Off
While other industries have hats in hand to Washington, the engine of American and global economic growth, the IT industry, or at least the software part, is in a unique position to bail out itself. A characteristic of the industry is that its value is almost completely determined by intangibles. In a time of high [...]
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by French Caldwell | January 8, 2009 | 1 Comment
From my colleague Paul Proctor: With some notable exceptions, it looks like security and risk management budgets are going to be flat or go up slightly in 2009. However, the global economic climate reduces the value of 2009 budget data collected before October 2008. Help Gartner get the latest information on your organization and we’ll [...]
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by French Caldwell | January 8, 2009 | Comments Off
Gartner has said that the financial crisis would lead to new regulations which in turn would lead to more compliance spending — here’s more proof as reported in FT from the UK Financial Services Agency. With the UK government now on the hook for insuring bank depositors, the FSA wants to be able to generate [...]
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by French Caldwell | January 8, 2009 | Comments Off
At first I was thinking — so what? Another corporate scandal. Some dude got greedy and wanted to use the company funds to buy out his own family. Not exactly the first time this has happened. But where there is smoke there is fire — and it turns out he’s been cooking the books for [...]
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by French Caldwell | January 6, 2009 | Comments Off
Since so many vendor clients have asked me about the compliance market, I thought you’d be interested in this open letter of 2 December 2008 from the SEC. It’s addressed to “leaders of SEC-registered firms, including broker-dealers, investment advisers, investment companies and transfer agents.” A significant quote from the letter: “While many firms are considering [...]
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by French Caldwell | January 6, 2009 | 1 Comment
Frankly, nothing new here but the telling — in this past Sunday’s New York Times Magazine Joe Nocera tells a fascinating story of the self-inflicted blindness of risk management approaches by the investment banking community. Three observations from this article: 1 — When the chance of a catostrophic risk within your planning horizon is less [...]
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