In spite of its stellar reputation as an educationalinstitution, Penn State failed to communicate and execute the mostrudimentary risk management protocols in the Jerry Sandusky sex abuse scandal, risk management expertssay.
With a timeline dating back to 1994, when Penn State defensive linecoach Jerry Sandusky launched The Second Mile nonprofit program forat-risk boys, multiple incidents of alleged sexual abuse wentunreported to the appropriate authorities, resulting in a situationwhere liability escalated from potentially damaging todevastating—with the university and even third parties nowpotentially liable.
“It's shocking that somehow the real values professed by theinstitution—which after all, is in the business of kids—weren'tfollowed,” said Kevin Ribble, executive vice president ofmanagement liability specialists Edgewater Holdings Ltd. andpresident of Comply AmericaInc.
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