Category Archives: Theme Two: Governance

The never-ending story

“Volkswagen Ex-CEO Faces Fresh Fraud Charges Over Emissions Scandal,” The Wall Street Journal, April 16, 2019.  Prosecutors in Germany seek return of salary and bonuses, plus ten years.

The VW story has been going on for some time.  They used a software to alter emission testing results and got caught.  Billions (25+) of dollars later, prosecutors now try to recoup the salary paid to the CEO.

Should those being paid to provide governance have to forfeit their salaries if they provide “bad” governance after they learn of a problem?

While this is at its heart an Information story, where the company tried to fake information it was giving the government (and its customers), will it’s biggest impact be forcing Management to forfeit salary and bonus?

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Filed under Theme One: Information, Theme Three: Compliance, Theme Two: Governance

Infection spreads

“WhatsApp Users Spread Antivaccine Rumors in India,” The Wall Street Journal, April 15, 2019.  False reports from the US on vaccines spreads in India.

Where do you get your news from?  Do you trust the source(s)?  Does the government have a legitimate interest in preventing the spread of rumors that affect health?  What about politics?  What can the platform do to help?  Is this people just using the platform as it was designed?  We don’t hold gun manufacturers responsible for the damage others do with that product, do we?

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Filed under Theme One: Information, Theme Two: Governance

Abuse

“Google Sued Over Abuse of Search Power, Opening Path for More Claims,” The Wall Street Journal, April 13, 2019.  Google accused of favoring its proprietary price comparison tool over that of a competitor.

Are governments starting to rein in the tech giants?  What does this tell us about the future?

Yes, this is information governance.  The German court is being asked to say how Google can and cannot use the searching protocols on its platform to deliver results.  The antitrust/competition laws are one of the controls on how Google uses information on its system.  It’s also Compliance, as Google is being accused of illegally using its market power to reduce competition.

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Filed under Theme One: Information, Theme Three: Compliance, Theme Two: Governance

Identity

“Test-Taking Whiz in College Admissions Scandal Pleads Guilty,” The Wall Street Journal, April 13, 2019.  Harvard grad would take SAT tests for others.

Apparently, someone can impersonate you and take “your” SAT test.

One suspects that the SAT folks are tightening the barn door.  And schools may be kicking out some loose horses.  Lots of different Information, Governance, and Compliance issues, at several different levels.

What information do you rely on when making decisions?  How important is it to you that that information is accurate?

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Filed under Theme One: Information, Theme Three: Compliance, Theme Two: Governance

Foxes and hen houses

“McKinsey Broke the Rules, Now It Wants to Rewrite Them,” The Wall Street Journal, April 12, 2019.  Company that was fined $32 million for failing to disclose conflicts to write the rules for industry.

It makes sense, in a strange way, to have the person who violated the existing rules and got caught, to write the new rules.  Who knows the loopholes better?

But why does a single federal judge get to make this decision for all the bankruptcy courts?  That’s the province of the Supreme Court.

So, Governance, Information, and, after a fashion, Compliance.

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Filed under Theme One: Information, Theme Three: Compliance, Theme Two: Governance

Ethics matter

This is more on the Governance and Compliance side of things.

The government procurement process has a lot of rules and regulations, including when former government employees can be involved.  What does it say when, despite claims of potential ethical violations, the government proceeds with the process?  Does the government care about ethics, but just not that much?

“Pentagon Moves Forward with JEDI Contract Despite Ethics Issues,” The Wall Street Journal, April 12, 2019.  Bidders remain in the game for a $10 billion contract, despite potential ethical violations.

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Filed under Theme Three: Compliance, Theme Two: Governance

Ransomware is still out there

“Norsk Hydro Repairs Systems and Investigates After Ransomware Attack,” The Wall Street Journal, April 11, 2019.  Company crippled by cyberattack involving ransomware.

How well do we protect our company’s operations from ransomware attacks?  Is that Security’s job, or IT’s?  Is this part of Information Governance?  Important here was the company’s ability to shift to manual operation, bypassing the infected systems.

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Filed under Theme One: Information, Theme Two: Governance

Hiding in plain sight

“Facebook Bends to EU Pressure on ‘Misleading’ Fine Print,” The Wall Street Journal, April 10, 2019.  Facebook challenged on its terms of service.

Facebook was forced to make its terms of service clearer on a critical point: how Facebook makes money off of your data.

Continuing theme of governments starting to get a grip on the major platforms.  So, Governance. And Information. And Compliance.  And major companies hiding things in plain sight.

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Filed under Theme One: Information, Theme Three: Compliance, Theme Two: Governance

Rules v. guidelines

“PG&E Among Utilities Cited for Failing to Protect Against Cyber and Physical Attacks,” The Wall Street Journal, April 10, 2019.  They allegedly broke the rules years ago.

What does it say when major utility companies don’t follow the rules on protecting themselves from cyberattack?  Is that a colossal Governance and Compliance issue?  Do they feel that the rules don’t apply to them?  Are they more like guidelines?  Is this a cultural issue?

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Filed under Theme One: Information, Theme Three: Compliance, Theme Two: Governance

Use/non-use

“U.S. Requires Texas Tech Med School to End Use of Race in Admissions Decisions,” The Wall Street Journal, April 10, 2019.  The US government prohibits the use of a person’s race as a factor in medical school admissions.

What information can you use in making admissions decisions, and what information can you not use?  Is “race” information?  Is this part of Information Governance?   And Compliance?

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Filed under Theme Four: Use, Theme One: Information, Theme Three: Compliance, Theme Two: Governance