Monthly Archives: August 2008

Data security: Protecting personal information and privacy

Data Protection

In June 2006, the U.S. government got a wake-up call: A Department of Veterans Affairs laptop containing personal information on about 26 million current and former military members and their spouses was lost. Not only did the government have a potential breach of privacy to deal with, but it also faced media scrutiny and public criticism. How much damage could result to individuals and to the federal government if personally identifiable information (PII) got into the wrong hands? In this case, fortunately, the data was recovered without compromise. But that’s the exception rather than the rule. In many cases, the consequences of this kind of privacy breach are severe—to the individual and to the organization maintaining the data.

As the gatekeeper to the biggest storehouse of personal information identifying American citizens, what role should the government play in maintaining and protecting that data? The answer: a monumental role, to say the least. That role doesn’t come without challenges, of course. In this white paper, we examine some of the challenges federal agencies face in creating a “culture of protection,” discuss the roadblocks that may get in the way and offer new thinking to managing privacy issues.

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Information Management: turning knowledge into actionable insight

Information managementToday’s enterprise is filled with volumes of information, with more constantly generated by employees, suppliers, partners and customers every minute. The enterprise stores this information in everything from databases to content management applications, from data warehouses to departmental file servers, and even on individual employees’ hard drives.

While all these repositories make it easier to access information, their disparate nature makes it hard to analyze the information. The enterprise must be able to identify problems or potential areas for innovation. In order to do this , there must be an an overarching structure for data, which makes it possible to see patterns or trends.

This article with CIO magazine outlines the challenges businesses face with information management.

Information Management: How to Achieve Organizational Success

The key step to enhancing information is to look at the situation across your entire company to evaluate where the problem lies. Once you’ve focused on the business requirement, you can easily see where the technology fits in. When a company has enhanced information and data, they have a better chance at success. The organization also must have the ability to react to market changes, and better yet, be proactive.

Join BearingPoint Senior Business Advisor Jaime Garza to discuss the call for better management of information to support profitability measurement and pricing in today’s U.S. interest rate environment. Changing interest rates affect all of us when it comes to our personal savings accounts and other financial services. The interest rate movements have begun to have an impact in new ways – especially for mid-size and larger institutions.

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Enterprise 2.0: A Podcast with Jay and Nate

A podcast with BearingPoint’s Jay Hariani and Nate Nash

Post from Aaron Strout on www.wearesmarter.org

Jay Hariani and Nate NashNate and Jay are the Click and Clack of social media at Bearingpoint. Offiicially, they have the titles of manager (Nate) and senior business consultant (Jay) in the emerging markets sector at their company but seriously, these guys are a true team. For instance, during our conversation I learned that not only do they physically work together but that they also blog together and present together (most recently at Enterprise 2.0).

In this interview, we focus on the groundbreaking activities that Nate and Jay are engaged in in the world of consulting. Instead locking up their knowledge and IP inside Bearingpoint’s walls they are setting it free one bit at a time while helping their clients do the same. More importantly, they’ve managed to get their management, legal and compliance teams comfortable with these activities. Jedi mind tricks, perhaps? Listen in to find out more. Nate & Jay’s Blog

If you’d like to download a copy of this podcast, right-mouse click on the “downloard” link.

IT priorities for battling the economic slowdown

Recession fears have grown over the last three quarters as the implications of the US credit crunch have deepened and spread abroad to become a multi-region contagion. With costs for commodities, especially energy, soaring as well, businesses will have to adapt quickly to mounting economic pressures in order to maintain growth and profitability.

BearingPoint and HP initiated a structured review, based on a survey conducted by the Economist Intelligence Unit, of how the current economic landscape has affected the business outlook for UK CEOs and how, in turn, this will impact their expectations of the IT function.

Specifically, the survey was designed to reveal answers to the following key questions:

• How will CEO priorities, in the light of the credit crunch, translate into business implications for CIOs?

• How can CIOs best position the IT function for these predicted changes?

• In what ways are CEOs expecting CIOs to use information technology to improve the situation?

One of the findings of the CEO survey which bucked reported trends was confidence. Despite media consistently claiming that the economy looks certain to slow to dangerous levels, Britain’s CEOs remain more optimistic. Whilst there was concern, the majority felt that with good planning and sensible actions the next 12 months were navigable. In fact many felt that in areas such as customer focus and cost reduction, the financial climate had simply forced them to take actions which were probably overdue.

This survey revealed some new thinking that businesses can utilize in times of economic slowdown. Review the survey analysis.