On July 28, the Office of Management and Budget (OMB) revised Circular A-130, “Managing Information as a Strategic Resource,” to ensure consistency with recent executive orders, presidential directives, OMB policy, and National Institute of Standards and Technology (NIST) guidelines, and to reflect the vast changes in law and advances in technology over the last 15 years.  The Circular establishes a general policy for all executive branch agencies on information governance, acquisitions, records management, open data, workforce security, and privacy, and the revisions emphasize the role of both privacy and security in the federal information life cycle.  In particular, the revisions focus on three elements:  real-time knowledge of the threat environment, proactive risk management, and shared responsibility.  The revised Circular represents a shift from viewing security and privacy requirements as periodic check-list compliance exercises to considering them as critical elements of a “comprehensive, strategic, and continuous risk-based program at Federal agencies.”