Loren Johnson, a Risk Evangelist at Aravo specializing in third-party risk management, discusses the evolving landscape of risk management. He examines the split between cybersecurity and traditional risk practices, emphasizing the need for cohesive strategies. Loren highlights how regulations like DORA are shaping TPRM and offers practical advice for improving risk management approaches. He also dives into the role of AI and technology, advocating for a holistic view of risk management in today’s interconnected business landscape.

Loren Johnson, a risk evangelist at Aravo specializing in third-party risk management, shares his expertise on navigating the complexities of vendor risks. He emphasizes the necessity of robust monitoring and resilient strategies in an evolving regulatory landscape. Loren discusses the impact of recent global events on risk management practices, the role of cybersecurity, and the significance of ethical outsourcing. He highlights challenges within the industry and the integration of AI for enhanced risk oversight, urging businesses to adopt comprehensive solutions for effective management.