09/21/2007 - 178
Number of complaints of sexual assault filed against cruise lines between 2003 and 2005, according to the International Council of Cruise Lines. Thirty-one million passengers took cruises during that period, according to the council.
09/20/2007 - Recognizing that compliance with Sarbanes-Oxley is disproportionately costly for small companies, the Greater Boston Chamber of Commerce has called for the Securities and Exchange Commission to exempt small public companies from certain provisions of Section 404 of the statute. Section 404 requires public companies to put into place an internal control structure for financial reporting and to report annually on the structure’s effectiveness. @ That recommendation, and four others, can be found in a fairer climb: improving Sarbanes-Oxley, available at SM Online.
09/20/2007 - U.S. air transportation system is an attractive target for a chemical or biological attack, according to the National Research Council’s (NRC's) Committee on Assessment of Security Technologies for Transportation; however, there are no “specific strategies, approaches, or procedures” developed by the air transportation system to defend against such attacks.
09/20/2007 - The Department of Homeland Security’s (DHS’s) American Shield Initiative (ASI)—a program of sensors, cameras, and databases that monitor U.S. land borders—lacks “key management capabilities” and has failed to define “key acquisition management processes,” such as those for tracking and overseeing contractors, says a report from the Government Accountability Office (GAO). The auditors note that DHS has not fully staffed the ASI program office and has only defined roles and responsibilities for 3 of 47 positions.