Risk Management: Brick by Brick

The Importance of Third-Party Risk Management with Brad Hibbert of Prevalent Inc.

Apr 26, 2024

15:48

On the latest episode of Risk Management: Brick by Brick, Jason Reichl is joined by Brad Hibbert, the COO and CSO at Prevalent Inc., a company that provides third-party vendor risk management solutions to eliminate security and compliance exposures.

In this episode, Jason and Brad explore prioritization, automation, ongoing monitoring, and continuous improvement in managing risks, and discuss the incorporation of AI into risk management programs.

To find out how TrustLayer manages risk so that people can build the physical world around us, head to TrustLayer.io.

Podcast Host: Jason Reichl

Executive Producer: Don Halliwell

Episode Highlights:

00:00 - Intro
02:04 - Biggest Risks to Businesses in 2024
07:35 - New Technologies and Methods to Mitigate Risk
10:16 - The “Bottom Up” Approach to Risk Management
15:01 - The Importance of Velocity When Closing Down Risk
16:33 - Quick-Fire Risk Assessments
18:18 - Outro

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Previous guests include: Seth Hausman of Kraus-Anderson Insurance, Matthew Meyer of The Horton Group, Diana Rich of Foundation Building Materials, Christy McHenry of Suffolk Construction, Mark Rieder of NFP, and Cory Mangum of Primoris Services Corporation.

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