Brandon Kriner: January 2008 Archives

The NOVA Chapter of the NPMA is hosting the third annual Contract Property Seminar on March 31 and April 1, 2008 in Fairfax, VA.

Topics to be discussed include:

  • Developments in the world of UID
  • Realities of implementing the new FAR 45 and related clauses
  • Relationship between property management and contract management
  • Technology and property management
  • DCMA organization and initiatives
  • Enterprise Asset Management
  • Managing IT Assets
  • ASTM Standards for Property Management
Industry leaders from NPMA, the Department of Defense, Civilian Agencies, DCMA, and government contractors will be presenting and participating in panel discussions on the latest issues and opportunities facing the contract property industry.  Detailed conference information is available on the seminar flyer linked above.
The Washington Post reports today that employees from the D.C. Office of Property Management were instrumental in helping the Chief Technology Officer for the District of Columbia crack down on violations of the D.C. government's computer use policy.  Nine District employees were using work computers to view a high volume of inappropriate content-over 200 times per day.  The CTO's office launched the investigation that uncovered these abuses after receiving a tip from the Office of Property Management.

This is a concrete example of the critical role that property managers can play in promoting information security and policy compliance in their organizations.
The 2nd Annual Asset Management Expo has come to a successful conclusion here in Atlanta.  There were a number of great topics discussed today.  Lisa Collins, an IT asset disposal expert from Global Investment Recovery, Inc. who delivered a great presentation on the challenges needs of IT asset disposal.  IT assets must be disposed of with great care- many monitors and computer parts contain materials such as mercury and lead that pose a threat to our environment.  Furthermore, information on hard drives or other devices that store memory can fall into the wrong hands if these devices are not properly destroyed.

We also heard a great panel discussion about some of the challenges and opportunities of selecting and implementing a new property system from AssetSmart's Robert Kaehler, Sunflower Systems' Jeffrey Polyak and IBM's Mary Bunzel. 

It was great to see so many participants at this conference from so many companies and organizations that span the asset management spectrum. 
We've just finished up a great first day of the Asset Management Conference & Expo here in Atlanta, GA.  The focus of the conference so far has been about the use of technology to facilitate Enterprise Asset Management.  RFID, in particular, has been a hot topic today.  We've heard from RFID experts from IBM and MIT, and also many professionals from the supply chain and logistics industries who are using this technology to improve their processes.

The property management profession is beginning to explore ways to bring the benefits of RFID into the personal property arena.  Particularly, there is an emerging shift in focus from simply collecting as much asset data as possible to collecting the data that managers need to make decisions and track progress against metrics.  It is no longer sufficient just to manage the asset portfolio; the asset portfolio itself must be connected to mission objectives.  RFID can facilitate this trend by moving beyond simply answering "what stuff do I have" to answering "is my stuff where I need it to be when I need it to be there?"

More to come after the second day of the conference tomorrow.
We've all heard the horror stories: a laptop, hard drive or other piece of IT equipment is stolen from a government agency, university or large company, placing the personally identifiable information (PII) of thousands at risk.  These unfortunate incidents are usually not the work of hackers or determined thieves, but rather are crimes of opportunity that result from lax physical accountability for the assets that store an organization's most sensitive data. These tales of woe are all too common in today's technology-saturated environment; a glance through the Chronology of Data Breaches for the past three years shows that virtually no organization is safe from information security lapses. 

To be certain, protecting PII and other sensitive data is everyone's responsibility, but property managers are uniquely situated in many organizations to have a significant impact on information security.  Property managers, the guardians of physical asset accountability,  often act as gatekeeper between the organization's IT department- responsible for making information available- and property custodians or end users of the devices that store sensitive data.  While the IT department is responsible for ensuring the use of data-level security efforts (encryption, VPNs, etc.) property management is responsible for ensuring the physical security of these assets.

Flash drives, external hard drives and laptops have become ubiquitous in today's office environment due to their decreasing cost and increased storage capacity.  Many of these items fall far below traditional property accountability thresholds, and many property managers are reluctant to place a barcode tag on something as tiny as a flash drive.  Yes, accounting for these devices may be challenging, but the risks of a data security breach make these measures well worth the effort.  The theft of PII can be as dangerous to the public as the theft of weapons or hazardous material.  Consider what could have happened to the identities, security and livelihoods of the 26.5 million Americans affected by the May 2006 data security breach at the U.S. Department of Veterans' Affairs.

So what can property managers do?  Here are some steps that you can take to increase data security in your organization and protect your colleagues and customers:
 
  • Maintain records for all organization-issued property capable of storing computer-readable data in your property control system- accurate records can help recover stolen assets in the event of a theft
  • Flag these sensitive data storage devices as sensitive in the property system to quickly distinguish them from other kinds of property and to provide a complete picture of your organization's exposure to risk from sensitive assets
  • Issue and check property passes for all data and storage devices taken out of a secure organization location
  • Conduct physical inventories of sensitive assets more frequently than inventories of non-sensitive assets to ensure the prompt discovery of missing items.
  • Sensitive assets that are not found during inventory should be subject to a formal internal inquiry process before being written off.
  • File a police report in the jurisdiction of the theft as soon as reasonably possible if an asset is reported lost or stolen by an employee.
  • Overwrite, degauss or destroy hard drives or flash drives prior to donation, sale, or abandonment.

In today's world, the nature of sensitive assets has changed, but the mission is still the same: provide accountability and control for the proper use and care of property. Property professionals now have the opportunity to provide a crucial line of defense against a devastating leak of sensitive data. We must do more than simply keep our organizations out of the headlines. Our obligation is to protect the well being of thousands of people who depend on us to keep their information safe. Protecting property is necessary, but protecting people is the most important responsibility of all.
The first major property management event of 2008 is just a few days away.  The Asset Management Conference & Expo is taking place at the Sheraton Atlanta Hotel on January 22-23, 2008. 

Topics to be covered include:

  • Asset Visibility and Tracking
  • Equipment Life-Cycle Management
  • Asset Reliability
  • Maintenance, Repair and Overhaul
  • Information Sharing Between Enterprise Applications
  • Technologies such as EAM, CMMS, mobile computing, active and passive RFID, bar coding and data collection
You can find a complete conference agenda and list of speakers at this link.

Look for daily conference wrap-ups from Atlanta here on AssetCentric on January 22nd and 23rd.

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Welcome to AssetCentric, a new online destination for the property management community.  The goal of this blog is to provide a frequently updated source of content for all things property including:

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