Risk Management Show AI Regulations: What Risk Managers Must Do Now with Caspar Bullock
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Jul 7, 2025 Caspar Bullock, Director of Strategy at Axiom GRC, shares insights on navigating the complexities of risk management in a world influenced by AI. He discusses the imminent EU AI Act and its implications for businesses. The conversation highlights the necessity of robust compliance strategies and the advantages of investing in cybersecurity. Bullock also emphasizes managing supply chain risks and collaborating with cyber risk specialists for effective solutions. This episode is packed with actionable insights for compliance professionals and business leaders.
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Risk Inflation and Digitization Impact
- Risk inflation means businesses face more frequent, serious risks and growing regulatory burdens.
- Digitization deepens impact, making cyber breaches potentially disruptive on a large scale.
ROI of Compliance Programs
- Compliance and risk management are often wrongly viewed as non-profitable exercises.
- Investing in cybersecurity clearly shows ROI by preventing costly data breaches and operational disruptions.
Importance of Supply Chain Risk Management
- Third-party and supply chain risk management remain critical due to operational reliability, beyond environmental or social concerns.
- Validating suppliers' licenses and accreditations protects companies from operational disruptions.