Risk Management Show

Dominic Bowen, a leading expert in risk management with over two decades of experience, discusses the transformative power of BRICS+ nations. He delves into how geopolitical tensions, like the Ukraine conflict and US-China relations, are reshaping global trade. The conversation highlights the rise of alternative financial systems aimed at de-dollarization and the intricate economic dynamics within the BRICS group. Dominic also advocates for creative thinking in risk management, urging leaders to adapt to the evolving landscape.

In this episode of Global Risk Community's Risk Management Show, we dive into the world of cybersecurity with David Holtzman, Chief Strategy Officer at Naoris Protocol and former Chief Scientist at IBM. We discussed his bold strategy to fight cyber threats by leveraging aggressive cybersecurity responses. With an illustrious career spanning roles such as designer of the global DNS system for ICANN and White House cybersecurity adviser, David brings invaluable insights into the risks and challenges of both centralized and decentralized systems. He highlights the importance of decentralized technologies and the role they play in enhancing security resilience against growing cyber threats. If you want to be our guest or suggest someone, send your email to info@globalriskconsult.com with the subject line "Guest Suggestion." Join us in exploring cutting-edge solutions and stay ahead in the ever-evolving landscape of cyber security.

In this episode of Global Risk Community chat, we dive into "The Harsh Truth About Archegos: Lessons for Banks" with Andreas Ita, managing partner and co-founder of Orbit 36. Andreas brings his expertise in Risk Management, highlighting the critical counterparty credit risk exposed by the Archegos collapse. We discuss why effective risk management is crucial for banks, exploring how some institutions like Goldman Sachs managed to avoid significant losses while others faltered. Andreas provides insights into improving stress testing and real-time monitoring, essential tools for identifying vulnerabilities. If you want to be our guest or suggest a guest, send your email to info@globalriskconsult.com with the subject line "Risk Expert Guest Proposal."  Join us as we unravel these lessons and reinforce the importance of robust risk frameworks in today's volatile financial 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.

In this episode of the Risk Management Show, we dive into the hard truth about banning ransomware payments with Ilia Sotnikov, a seasoned security strategist and VP of User Experience at Netwrix. We discussed the complex challenges and unintended consequences of illegalizing ransomware payments, exploring how organizations can navigate this multifaceted threat. Ilya, with over 20 years of experience in cyber security and IT management, sheds light on alternative strategies and policies beyond making payments illegal. If you want to be our next guest or suggest someone, send your email to info@globalriskconsult.com with "Risk Management Show Guest" as the subject. Join us as we uncover insights into risk management, cyber security, and sustainability, and learn how to protect your organization from evolving threats.

Carol Williams, CEO of Strategic Decision Solutions, brings her expertise in AI and risk management to the discussion. She dives into how AI can enhance decision-making and resilience in enterprise risk management. Carol shares insights on its role in scenario planning and identifying emerging risks while keeping proprietary information safe. Emphasizing AI as a supportive tool, she warns against relying on it solely for decisions. The conversation showcases the potential of integrating AI into risk workflows for a strategic advantage.

In this episode of the Risk Management Show, we unravel the controversial notion: "Don't Trust Antivirus." We discussed the hidden risks you might overlook with Leonid Rozenberg, a threat intelligence researcher and expert in cyber crime intelligence. Leonid shares insights into the world of infostealers, explaining their ability to bypass even the most robust security measures. As a veteran of the Israeli Defense Forces and a key player at Hudson Rock, Leonid offers a unique perspective on the cyber threat landscape. Discover how these advanced threats affect businesses of all sizes and why relying solely on antivirus protection can be perilous. If you're a Chief Risk Officer or involved in Cyber Security, this episode is a must-watch to understand the evolving challenges in safeguarding sensitive information. If you want to be our guest or suggest one, send your email to info@globalriskconsult.com with the subject line: "Podcast Guest Suggestion." Join us as we continue to explore pivotal topics in risk management and sustainability with industry leaders.

David Carvalho, founder of Naoris Protocol and a seasoned ethical hacker with over 20 years in cybersecurity, dives into the world of Quantum Risk. He discusses the looming threats of quantum computing on critical infrastructure and the urgency for post-quantum cryptography. The potential of blockchain to enhance risk assessment is highlighted, along with the transformative nature of cryptography itself. David underscores the necessity for global collaboration in establishing security standards amidst rapid technological change.

Frank Vukovits, Chief Security Scientist at Delinea and a veteran in audit and compliance, discusses the shortcomings of relying solely on authentication for cybersecurity. He emphasizes the critical need for authorization and least privilege access to fortify defenses against both internal and external threats. The conversation dives into the evolution of identity governance and its impact on risk management, highlighting the essential collaboration between business owners and cybersecurity teams to enhance security and mitigate fraud.

In this episode of the Risk Management Show podcast we welcome Michael Schank, a seasoned management consultant with over 25 years of experience in financial services. Michael discusses the limitations of traditional Enterprise Risk Management (ERM) programs and introduces the Process Inventory Framework, a methodology he developed to improve risk management, compliance, and strategic decision-making. Key Topics: Michael’s Career Path: His journey in risk management and founding Process Inventory Advisors LLC. Why Traditional ERM Programs Fail: Blind spots, data quality issues, and confusion in operating models. The Process Inventory Framework: How it enhances risk management by integrating a detailed process inventory. Improving Data Quality in Risk Management: Addressing root causes and leveraging process taxonomy in GRC systems. Reducing Chaos and Increasing Accountability: Streamlining operations and improving risk management efficiency. Application Across Risk Types: Benefits for Operational Risk, Compliance Risk, Operational Resiliency, and Third-Party Risk Management. If you want to be our guest or suggest a guest, send your email to info@globalriskconsult.com with the subject line "Podcast Guest Inquiry". Join us as we uncover the complexities of AI security and learn how to safeguard your AI initiatives against emerging threats. Tune in to gain valuable knowledge on cyber security, sustainability, and the evolving landscape of AI risk management. Don't miss out on this crucial conversation with one of the industry's leading experts!