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CMMC Center of Excellence Announces Memorandum of Understanding with Parava Security Solutions LTD

Interoperability Clearinghouse

The Cybersecurity Maturity Model Certification Center of Excellence ( CMMC COE ), hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public-private partnership serving the public and private sectors for more than 15 years, is proud to announce a Memorandum of Understanding with Parava Security Solutions Ltd in the UK, and the establishment of the CMMC COE EU. This unique partnership will extend efforts to advance the goals and objectives for improving the cyber and supply chain security and resilience of the US Department of Defense (DoD) global Defense Industrial Base (DIB) network of contractors, suppliers, and vendors. The executed MOU establishes a cooperative agreement between Parava Security Solutions Ltd. and CMMC COE to partner in the furthering of their respective and complementary missions and objectives regarding the adoption, use, and expansion of CMMC based cybersecurity practices for the DIB contractor community and the information and communications technology community creating a broader CMMC ecosystem to improve security and resilience. Specific actions will include: The co-development of CMMC advisory services, cyber training and education programs to accelerate CMMC certification, increase cyber adoption and improve cyber protection & resilience. Co-sponsor symposiums, training programs and podcasts leveraging their combined cyber and IT expertise. Host regular working groups, with other partners, to enable collaboration and communications. Source qualified CMMC/ cyber professionals to serve as cyber advocates. Establish an independent Industry Cyber Security Advisory Council with peer organizations to advise and educate leaders across government and industry on the continued evolution and effectiveness of CMMC. The CMMC-COE ( www.cmmc-coe.org ) and the CMMC COE EU ( https://cmmc-eu.com/ ) will focus on bringing together the many disparate cyber and national security communities of interest to reduce complexity, improve awareness, and accelerate industry effort to become more cyber resilient against the growing threats from nation states and criminal enterprises. The CMMC-COE partner network will share a wide range of capabilities from member organizations, including; cyber standards frameworks, education, solution architectures, cyber mentoring, workforce, and other elements needed to scale to the demands of the entire DIB market place in the US and abroad (approximately 400,000 contractors). The CMMC-COE is establishing both a Market Place and Knowledge Clearinghouse that includes resources supporting the overall effort, including white papers; tutorials; recorded webcasts; presentations; and more.. to help reduce the cost and burden on small/medium size contractors already struggling from the impact of COVID. “This is a momentous occasion for us” , said Mr. John Weiler, Chairman of the Board at CMMC Center of Excellence , “Our European center will further help advance the goals and objectives for improving the supply chain security and resilience of the US Department of Defense (DoD) beyond North America”. For more information on the CMMC COE, please visit Americas: http://cmmc-coe.org email info@CMMC-COE.org or call +1-703-863-3766 Europe: https://cmmc-eu.com/ email andy@cmmc-eu.com or call +44 (0) 7734 113952 For more information on Parava Security Solutions, Ltd., please visit https://www.parava.org/ About Us ---------- CMMC-COE.ORG is a unique non-profit public-private partnership, with a vision to accelerate Cybersecurity Maturity Model (CMM) adoption, and reduce time & cost for security compliance for our partners by leveraging commercial best practices, CMMC standards, and innovative solutions for a measurable success. Our mission, focused on DOD mission objectives, cost containment and expeditious CMMC compliance, is to help the DIB improve cyber posture and resilience, and simplify its acquisition. The CMMC-COE is hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public/private partnership (P3) chartered in 2007 as an honest broker to reach outside the confines of the Federal IT advisories that lack dynamic reach into the Global IT Market, and dedicated to the adoption of commercial IT management standards of practice and innovations emanating from the Global IT market. Team IT-AAC has already demonstrated the value of its decade long investment, and provides a unique value to agencies seeking to achieve accelerate the transformation of legacy processes and systems. Our Just-in-Time SMEs apply an innovative suite of Technology Business Management and Agile Acquisition Processes needed to assure the business value of commercial IT. The Interoperability Clearinghouse (ICH), is the managing partner that make up the 24 NGO/SDO organizations that make up the IT-AAC. ICH provides the contract vehicles, clearances, and critical resources proven to guide sustainable, measurable and repeatable processes needed to drive better investment decisions as the speed of mission need, while aligning existing processes, methods and workforce with IT reform mandates contained in Clinger Cohen Act, FITARA, IT MGT Act, EO13838. Parava is a cyber security advisory firm, with experience in providing strategic, tactical, and operational cyber security, risk oversight, and assurance services to Government agencies and private companies in Europe. For more information on Parava Security Solutions, Ltd., please visit https://www.parava.org/ For more information on the CMMC COE EU, please visit https://cmmc-eu.com/ Contact Details Bob Dix +1 703-975-6633 bob.dix@it-aac.org Company Website https://cmmc-coe.org

October 19, 2020 06:00 PM Eastern Daylight Time

UK SMEs lose £2.2bn as customers fall into administration during lockdown

Stockwood Strategy

SMEs across the UK are counting the cost of the lockdown as they prepare for a testing final quarter of 2020. Risktech business Nimbla , surveyed* 2,000 UK SMEs and found that £2.2bn in revenue (for goods and services provided during lockdown) has been lost because those customers fell into administration. A number that is set to increase dramatically over the course of the next year. More than a third (38%) of SMEs are still waiting to be paid an average of £59,013, for work they completed before the lockdown. Worryingly, a fifth (21%) of these companies believe they will never recover the full amount, losing on average £24,903 because those customers have gone into administration. Looking at the bigger picture, this is worth £2.2bn in revenue across all SMEs (with outstanding payments) that will not be realised. Lost time and revenue Businesses reported, on average, 6 invoices go unpaid every year with half of these worth £41,193 written off due to their customers becoming insolvent. Yet, surprisingly, only 4% of business owners take out trade credit or invoice insurance, which protects the supplier against their customers’ insolvency. Business owners do spend time thinking about a potential insolvency event with their customers. In the event that happened, most of them (83%) would continue trading but the impact on cash flow would lead to changes in asking customers for deposits, requesting shorter payment terms, declining larger projects and fear their credit scores falling. Business owners spend, on average, two weeks chasing an invoice payment which eventually was never paid because the customer became insolvent. Flemming Bengtsen, CEO at Nimbla commented: “The impact the lockdown has had on SMEs, who are the heart and soul of the UK economy, is astonishing. Many have survived several attacks during the pandemic and, now, knowing they won’t get paid for the work they did is another huge body blow. There could be more bad news on the horizon for smaller businesses as high street chains face difficulties and potential insolvencies.” Looking ahead Businesses anticipate making, on average, £263,000 revenue between now and the end of the year. However, as customers seek longer payment terms from 30 to 60 days to settle invoices, three in five (60%) business owners are nervous about not getting paid at all with expectations that one in six customers will become insolvent before the end of the year. This is a major issue as more than a third (36%) of businesses were heavily concentrated, reporting that more than two-thirds of their revenues came from a handful of customers. Overall, business owners reported 61% of their customers said they were doing well in terms of their revenue, going steady with sales and generally content with the business environment. Yet, business owners were sceptical about their buoyant spirit, with only a quarter (26%) believing what they say. Flemming Bengtsen added: “The current uncertain economic environment means doing business isn’t easy, it’s made all the more difficult with SMEs anxious about getting paid. Trading on trust and confidence has deteriorated. It is time, as a collective, to bring this back. Business owners cannot afford to bury their heads in the sand; they should protect themselves and insure against the potential insolvency of their customers.” ENDS Notes to the Editor *Research findings based on a survey of 2,000 UK companies (who are employers with a minimum turnover of £250,000) conducted for Nimbla in September 2020 by LM Research & Marketing Consultancy (Market Research Society approved partner and ESOMAR corporate member). About Nimbla Nimbla makes sure businesses get paid for their hard work, even if a customer becomes insolvent. Founded in 2016, the risktech company is on a mission to give SMEs the confidence to trade with a peace of mind using invoice insurance. Nimbla’s digital insurance platform backed by expert risk analysts, allows businesses to check a buyer’s ability to pay and insure individual invoices against non-payment in a fast and affordable way. This will enable business owners to safeguard against insolvent customers, expand into new and existing markets and secure better borrowing terms. The platform can be accessed directly ( www.nimbla.com ) and through partnerships with Barclays and Starling Bank. Based in London, Nimbla aims to bring the trade credit industry into the 21st century. Challenging traditional insurance models, the cover is flexible and adapts to fit your business — whether it’s a one-off invoice or multiple transactions. Contact Details Bilal Mahmood +44 7714 007257 bilal.mahmood@nimbla.com Company Website https://www.nimbla.com/

October 06, 2020 04:00 AM Eastern Daylight Time

Construction industry rallies in rebuilding Britain, finds Skrap survey

Stockwood Strategy

The construction industry is rallying from the aftermath of the lockdown as builders report steady workflow and recovering revenues, finds a survey* of 2,000 UK construction companies by Skrap , the on-demand construction hire specialist . Almost half of construction businesses (44%) reported that workflow has reached pre-lockdown levels. The bounce is such that almost a quarter (23%) of businesses felt they would hit at least 2019 revenue levels and possibly see a 20% increase. This is despite nearly two-thirds (63%) of businesses still waiting to be paid, on average, £47,784 for work they did pre-lock down. However, this is an improvement from June 2020 when they were waiting for £157,642. Of the work that is being done, building contractors are seeing the greatest demand from residential projects (48%) and public sector work (30%) such as roadworks and in schools. However, of those businesses seeing a partial slowdown in work, they pointed to the uncertain state of the economy which is delaying investment decisions. Construction industry business owner Jamie Herd, MD of Lords builders’ merchants commented: “We’ve seen sales of supplies increase steadily over the past 3 months and orders to the end of 2020 look good especially in London and the home counties. The government’s favourable loan schemes have boosted the cash flow of construction businesses to enable them continue their work and overall, there is a bullish mood that work is returning to normal in the industry”. Hussain Hilli, co-founder at Skrap commented: “Although building activity shrunk during the lockdown, this survey provides a cautious note of optimism for the construction industry. It’s not surprising this wave of optimism comes from residential work as people continue to work from home and consider their new needs. The decision to scrap stamp duty on homes below £500,000 has also got home owners active. Government policies are taking effect and builders are benefiting but a lot will rest on how investors see Brexit playing out on the UK economy”. 2020 expectations Boris Johnson’s ‘Build, Build, Build’ initiative is making a difference. Almost half of builders (46%) said they had benefited from the policy announcement and were expecting more contracts from this in the next few months. However, they do feel that investment in house building developments is being held back. This is chiefly down to investors being vary of valuations given the impact Brexit could have on the economy coupled with the lack of urgency from the government to support this crucial infrastructure need. Looking ahead to the end of the year, builders fear the biggest disruption to business will be a second wave of COVID19 cases leading to another mass lockdown impacting delivery and demand of projects. Brexit The majority of construction businesses are confident that there will be little fallout from a no-deal Brexit. They felt the Government would negotiate a good trade deal in time and it will be business as usual. However, they do feel the greatest concern in the run up to Brexit centres on workforce availability. This is understandable as up to a quarter (25%) of their workforce are non-UK nationals. Ends Notes to the editor * Research findings based on a survey of 2,000 UK construction companies (who are employers with a minimum turnover of £250,000) conducted in September 2020 by LM Research & Marketing Consultancy (Market Research Society approved partner and ESOMAR corporate member). About Skrap Founded in 2017, Skrap offers on-demand services for skip and construction hire resources. Every year almost 100m tonnes of construction waste is collected in the UK and construction businesses spend £5b in collecting this waste, and a further £15b on other hire services. Skrap intends to remove the hassle from ordering a skip and other construction hire needs to make this experience simple and user friendly. Skrap’s strategic ambition is to automate the entire construction hire supply chain across major cities globally over the coming years. Founders Marwan Field, Hussain Hilli and Ahmed Rao came across the problem while running a construction business where logistics were unorganised and fragmented; prices were asymmetric, and the marketplace of suppliers and brokers were doing everything manually. Contact Details Bilal Mahmood +44 7714 007257 bilal@skrap.xyz Company Website https://www.skrap.xyz

October 06, 2020 03:30 AM Eastern Daylight Time

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Convey Services Launches Virtual Event Platform Exclusively for Sales & Annual Conferences

Convey Services

Convey Services , a SaaS solutions company, today expanded its Cloud Conventions product line by launching Cloud Kickoffs™ , an online portal solution exclusively for sales and annual conference management. Cloud Kickoffs brings elements of a live sales kickoff or conference into a virtual environment to promote engagement, make connections and support team interaction. It’s content-rich experience maximizes the effectiveness of virtual events for yearend or sales kickoff programs. “Canceling live annual meetings or sales kickoffs has become a reality, but it doesn’t mean that those events can’t be effectively executed virtually,” said Carolyn Bradfield, CEO of Convey. “In many ways you can achieve better, more focused results without the time and expense of bringing everyone together physically. Using Cloud Kickoffs, the management team can align the organization around a common strategy, allow remote teams to foster relationships and at the same time deliver and reinforce critical training. Cloud Kickoffs helps you deliver the tools needed to succeed and provides access to training and content long after the live event is over.” Cloud Kickoffs manages live and on-demand education, brings teams together for forum and roundtable discussions, promotes one-on-one connections and offers a platform for networking and social interaction. After a Cloud Kickoffs event is over, the portal can retain its structure, extend the life of content and training and easily be repurposed for virtual sales events throughout the year. A virtual kickoff event can be fully managed by Convey or by your sales or marketing team. “Sales staff or association members look forward to annual conferences because they value the insights, connections and opportunity to walk away energized with a clear focus for the coming year,” added Bradfield. “Cloud Kickoffs provides an efficient solution to bring teams together virtually, saving tens of thousands on logistics planning, travel and entertainment.” Cloud Kickoffs comes complete with templates for branding, delivering email messaging, creating attendee dashboards, setting-up live and virtual sessions and gamification while always tracking attendee engagement. It’s designed for the non-technical user and doesn’t require any coding or development. Participating partners and sponsors can have virtual booths that remain intact or can be refreshed for future events. Each portal has online training and a support database to answer frequently asked questions. Sales and event managers can experience Cloud Kickoffs by visiting https://cloudkickoffs.com or explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com . About Cloud Conventions Cloud Conventions is a Virtual Trade Show and Conference Platform from Convey Services that brings new capabilities to a marketplace looking for solutions to replace the thousands of live trade shows, annual conferences and association meetings cancelled in the wake of COVID-19. Originally launched as ConveyLive, Cloud Conventions automates exhibitors and virtual booths, attendee registration, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Cloud Conventions™, Cloud Kickoffs™, Conduct™, One-Touch Email Share™, Hub & Spoke™, 360° Virtual Exhibit Hall & Lobby Experience™ and ListLock™ are trademarks of Convey Services LLC Contact Details Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

October 01, 2020 11:55 AM Eastern Daylight Time

MSC Cruises, Port Everglades, Matson, International Chamber of Shipping and Ocean Voyages Institute Among 2020 NAMEPA Marine Environment Protection Awards Recipients

North American Marine Environment Protection Association

Carleen Lyden Walker , Co-Founder and Executive Director of the North American Marine Environment Protection Association (NAMEPA), announced that MSC Cruises, Port Everglades, the International Chamber of Shipping for its Seafarer Welfare work, and Matson for Environmental Innovation are among the eight recipients of NAMEPA’s 2020 Marine Environment Protection Awards. Other recipients are: Ocean Voyages Institute, Sea Education Association, the U.S. Arctic Research Council and the Business Network for Offshore Wind’s Liz Burdock for the category of Individual. The Awards Program will be held virtually in conjunction with NAMEPA's Annual Conference on November 5th, which will focus on looking ahead to 2023 and preparing for the future. “Particularly in these turbulent times, it is uplifting to celebrate the accomplishments and positive actions of our maritime community,” stated Carleen Lyden Walker, Co-Founder and Executive Director of NAMEPA. “The marine industry works tirelessly to deliver more than 90% of the world’s goods and energy safely and with a keen eye to reducing its environmental impact. It is NAMEPA’s honor to highlight their efforts, along with community partners who share our values to “Save our Seas”. NAMEPA’s Marine Environment Protection Awards are given in recognition of an individual or organization’s innovative and extraordinary efforts to commit themselves to preserving the marine environment as exemplified by a commitment to programs which have specific objectives set for environmental performance and improvement. Eligible candidates include members of the commercial maritime industry, government agencies, educational organizations, innovation providers, ports, associations and individuals. Submissions are judged by the organization’s Board of Directors against the criteria behind the award. MSC Cruises is being recognized for its multifaceted environmental work throughout its fleet and organization. MSC Cruises has begun construction on up to 9 LNG powered ships which are being designed to be compatible with low carbon bio and synthetic fuels as they become available. Additionally, they completed the $200 million+ restoration of Ocean Cay in the Bahamas to its original, pristine state; and took meaningful steps to eliminate single-use plastics from their fleet. Matson is receiving the Environmental Innovation Award for the breadth, scope and investment in its entire environmental program, which includes innovative new technology, modernization of its fleet and terminals, participation in grants and clean-up programs, and detailed planning for long term future goals. In 2020 their vessel new build, vessel retrofit, and terminal improvement programs have all come to fruition, bringing Matson’s environmental program to its industry-leading position. Ocean Voyages Institute recently conducted two voyages into the Pacific Gyre (often referred to as the “Pacific Garbage Patch”) with a record setting haul of abandoned nets, fishing gear, and other plastic debris which collects in the gyre. The non-profit organization seeks to expand its program by partnering with the marine industry to increase the capture of these harmful pollutants. The first NAMEPA Marine Environment Protection Award was presented 13 years ago posthumously to the founder of the MEPA movement, George P. Livanos who created HELMEPA over 30 years ago due to his interest and concern for the marine environment. Since then, award recipients have included Maersk, Euronav, CLIA, Joe Cox, the Port of Los Angeles, International Seaways, the Port of Montreal, the OAS-CIP, American Salvage Association, NOAA and the New York Harbor School among others. The NAMEPA Annual Conference including a Leadership Roundtable panel will precede the Awards Program, consisting of senior leadership individuals from many of the of the award recipients. For more information on attending, contact NAMEPA . There is a charge to attend, but students, active mariners and government personnel are guests. Admittance is by reservation only and is limited. The North American Marine Environment Protection Association (NAMEPA) was officially launched in 2007. NAMEPA is a marine industry-led organization of environmental stewards preserving the marine environment by promoting sustainable marine industry best practices and educating seafarers, students and the public about the need and strategies for protecting global ocean, lake and river resources. For more information, go to www.namepa.net. Contact Details Carleen Lyden Walker +1 203-255-4686 executivedirector@namepa.net Company Website https://namepa.net/

September 22, 2020 04:00 PM Eastern Daylight Time

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Fully Promoted® Now Offering Unique New Product to Combat Germs and Bacteria

Fully Promoted

Fully Promoted ®, the world’s largest branded products and marketing services franchise, announced today it will now offer nanoDefense ® products. The product line is comprised of recognizable, replaceable film that has a proprietary coating which activates in the presence of light to create a self-cleaning service. The surface engineered to repel contaminants allowing it to easily be wiped clean with water, but more importantly ingredients are actively involved in destroying organic compounds. The nanoDefense ® products are intended to be used by businesses on high touch surfaces in lighted areas, where the coating can work to remove viruses, bacteria, and contaminants. Fully Promoted recommends using the products on doors, elevator buttons, restrooms, touchscreens, self-service items and on mass transit. “Offering the nanoDefense ® products to our customers is another way that Fully Promoted is helping businesses get back to business,” said Mike Brugger, Fully Promoted brand President. “Businesses will find comfort in knowing that high touch points throughout their facilities are combating the growth and spread of contagions. Employees will be equally comfortable knowing that their work environment is safer.” In addition to offering nanoDefense ® , Fully Promoted offers a vast selection of Personal Protection Equipment (PPE) that will help businesses get back to business. Most recently, Fully Promoted launched social distancing bracelets for networking events. The color-coded wristbands indicate an individuals preferred level of interaction. A member of the United Franchise Group, Fully Promoted can access more than half a million promotional products . For more information about Fully Promoted, the nanoDefense ® products, or to receive a product sample, contact your local Fully Promoted store. About Fully Promoted Fully Promoted has 300 locations across the globe. The brand operates a full-service branded products and marketing service business and is the place to attract customers. From promotional products and embroidery to expert printing services, Fully Promoted can help take businesses to the next level. Fully Promoted also offers an office-based model allowing franchisees to operate their business using a developed network of resources. To find the Fully Promoted nearest you, visit www.FullyPromoted.com , and for franchising opportunities, visit www.FullyPromotedFranchise.com . Contact Details Brittny Fuchs +1 561-812-6032 bfuchs@ufgcorp.com Company Website http://www.fullypromoted.com/

September 09, 2020 10:06 AM Eastern Daylight Time

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Bactro Responds to COVID-19 Precautionary Trends with New Consumer Offerings

Bactro LLC

Bactro LLC has responded to the changing COVID-19 pandemic precautions and developed unique PPE kits available direct to consumers. As the country starts to return to community activities with social distancing interactions, many state and county authorities require masks to participate in daily routines and community activities. Further evidenced by the CDC report on August 3, 2020, that recommends people that have contracted COVID-19 should be isolated for at least 10 days after symptom onset, and also quarantine for an additional 24 hours after their fever subsides. These recommendations have led Bactro to find ways to help people return to their normal daily routines with the protective equipment they need, all in one convenient package. “When the pandemic first hit, we saw consumers struggling to find all of the PPE items they needed. One might find sanitizing wipes, but no masks, or sanitizer. Though now as Americans get back to their lives we have found that consumers are needing supplies that are suited to a one-use purpose, such as traveling, or returning to their place of work,” said Bactro creator Tim Svitak. “It provides people with the protection they need in one convenient kit.” As our economy restarts, with people returning to their place of work, children returning to their classrooms, and stores opening their doors, it is vital that individuals have the protective equipment they need. Buying in bulk serves certain workplace demands, however, PPE in bulk is not typically individually wrapped, which can allow the PPE to be susceptible to germs and bacteria. Also, washing cloth masks daily, especially for parents of school children, is not an easy or convenient task. Bactro is dedicated to providing safer, healthier products through innovations to all. To learn more about Bactro's protective products visit bactro.com. Contact Details Tim Svitak Jr. +1 720-805-3763 timsvitak@bactro.com Company Website https://www.bactro.com

September 03, 2020 08:00 AM Eastern Daylight Time

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WATCH: Airbus Perlan Mission II Celebrates Anniversary of Record Flight, Expands Science in the Stratosphere

Airbus Perlan Mission II

On Sept. 2, 2018, Airbus Perlan Mission II, the world’s first initiative to pilot an engineless aircraft to the edge of space, succeeded in setting a new world glider altitude record of 76,000 ft. in the stratospheric mountain waves above the Andes in southern Argentina. The aircraft was the Perlan 2, an experimental space glider, designed to achieve an altitude of up to 90,000 feet, which now is on record as the second highest flying winged aircraft in history - second only to the SR-71 Blackbird. The mission of Airbus Perlan Mission II is not only about setting altitude records, but also to drive innovation, exploration and inspiration for the next generation of aerospace leaders. To support these missions, Airbus Perlan Mission II is establishing a high altitude platform for science in the stratosphere, to gain invaluable data and insights never before possible on climate, extreme weather, aerodynamics and aerospace engineering. In this video, members of the Airbus Perlan Mission II team share their excitement about the discoveries that are possible by taking science to the stratosphere, what climate and aerospace knowledge was gained last season, and how the Perlan 2 provides a tremendous stratospheric science platform like no other in history. While the Perlan 2 will not fly this year due to the COVID-19 pandemic, the team is celebrating the second anniversary of its record breaking flight and focusing energy on its total missions, and on what can be achieved through partnerships in science with innovators, researchers and aerospace leaders around the world. Learn more by visiting Airbus Perlan Mission II at perlanproject.org Social Media and Press Kit: Follow the Airbus Perlan Mission II team on Twitter, Facebook, Instagram and YouTube. Twitter: https://twitter.com/perlanproject Facebook: https://www.facebook.com/PerlanProject/ Instagram: https://www.instagram.com/perlanproject/ YouTube: https://www.youtube.com/c/PerlanProject/videos Press Kit: http://bit.ly/perlanpress Photos/Video: This 2020 Airbus Perlan Mission II video (MP4), photos/imagery and more information can all be downloaded at https://we.tl/t-ZI6L8BVChZ Please credit photos: “Airbus photo by James Darcy” or similar. All photos are copyright Airbus 2019, and provided for unlimited use by accredited media. Media Contacts: James Darcy Head of External Communications, Airbus North America james.darcy@airbus.com 571-214-1722 Kristina Messner (Focused Image for Airbus Perlan Mission II) kmessner@focusedimage.com 703-678-6023 Contact Details Kristina Messner +1 703-678-6023 kmessner@focusedimage.com Company Website https://www.perlanproject.org/

September 01, 2020 08:30 AM Eastern Daylight Time

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Global Business Ethics Survey: Top managers twice as likely to experience pressure to bend the rules in organizations.

Ethics & Compliance Initiative

Employees are twice as likely to experience pressure if they are top-management than compared to line-level employees, according to the Ethics & Compliance Initiative’s ™ (ECI) latest Global Business Ethics Survey Report ™ (GBES) . The data suggest that the higher up the “totem pole” an employee is, the more likely they are to experience pressure to bend the rules. Overall, about 1 in 5 employees experience pressure to bend the rules. Pressure to bend the rules, as defined by the GBES report , can be caused by meeting performance goals, attempting to save one's own and others' jobs, supervisory pressure, advancing one's career or financial interests, and demands from people who support or invest in the organization. According to the data, of those that experience pressure, 30% are top management employees, 25% are middle management, 22% are first-line supervisors and 17% are individual contributors. The first 2020 report of ECI’s premier, longitudinal study on global workplace behavior, published four times per year, also found that when top management show a strong commitment to ethical leadership and organizational values, their employees are 3X less likely to experience pressure. “The data continue to suggest that high-pressure environments are not only stressful for employees, but they can actually cause a negative ROI when it comes to ethical behavior,” said Patricia Harned, CEO of ECI. “Expanding KPIs and stretching financial goals may result in a short-term gain, but the long-term consequences to the organization is a net negative.” Other Findings and Key Indicators of Pressure The report found that employees experiencing pressure was linked with the prevalence of observing various types of misconduct found in organizations across the globe, all of which were about twice as likely to occur in pressure environments versus non-pressure environments. Employees are twice as likely to observe misconduct in organizations where they feel pressure to compromise ethics standards. “As companies around the globe respond to the unprecedented challenges of the COVID-19 pandemic, the important research in ECI’s Global Business Ethics Survey (GBES) report presents a timely and accurate overview of pressure in the workplace,” said Michele M. Brown, SVP, Chief Ethics and Compliance Officer and Deputy General Counsel, Leidos. “These findings provide best practices to balance organizational change while upholding the highest ethical standards. Leidos is proud to support ECI research, which is helping the member community build and maintain strong ethical cultures.” Download the latest GBES report at ethics.org/gbes Methodology The 2019 GBES is the 15th iteration of the GBES (formerly the National Business Ethics Survey). In 2019, the GBES surveyed over 18,000 employees in 18 countries (approximately 1,000 employees per country). ECI established the survey questions and sampling methodology. About the Ethics & Compliance Initiative The Ethics & Compliance Initiative (ECI) is a non-profit organization that empowers organizations to build and sustain high-quality ethics and compliance programs. The organization provides research and a best practice community, as well as certification opportunities for ethics & compliance professionals. Through its membership, ECI represents entities across nearly every industry, located in 37 countries on six continents each dedicated to promoting the highest levels of integrity. Visit www.ethics.org to find out more about our research, membership or funding the GBES. The GBES is made possible with the support of its funders: Google, Boeing, Eli Lilly & Company, Altria, BP, GE, KPMG, Pacific Gas & Electric, L'ORÉAL, Leidos, University of Arkansas and PricewaterhouseCoopers. Contact Details Brad Fulton +1 210-278-4809 brad@ethics.org Company Website https://www.ethics.org

August 31, 2020 11:00 AM Eastern Daylight Time

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