Taking risks can give organizations a competitive edge and create new business opportunities. But the right risks must be taken and they must be constantly managed and re-assessed. A recent survey of WLA members provided insights into the overall state of play in risk management in the lottery and sports betting sector, and pointed to some specific priorities for lottery leaders.
This week the WLA Security and Risk Management Committee (SRMC) has been working to finalize the 2020 version of the WLA Security Control Standard (WLA-SCS:2020), which is soon to be launched, pending approval by the delegates of the WLA General Meeting in October. The new standard will help WLA members give assurance to all their stakeholders that security is, and remains, one of their highest priorities. Alongside the work we have done on the standard, I thought it would be useful to write a series of blog posts explaining some of the new controls and their significance, and offer some considerations in their implementation. The blog posts will appear in the coming days under the subheading, “Introducing the WLA Security Control Standard 2020”.
In my first blog post, Establishing trust, I spoke about personnel security and the importance of establishing trust in individuals that could impact the integrity of an operations games (WLA-SCS:2020, G.2.1.6 Personnel security). In this second blog post, we will look at another new control concerning responsible disclosure.
Lotteries are built on integrity but integrity is a commodity which is hard for lottery operators to protect. This is due, in part, to the increasingly complex and dynamic nature of cyber security risk which, if managed badly, can rapidly undermine stakeholder confidence in the integrity of a lottery.
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