Recorded: Oct. 19 | 2023 Watch
In today's dynamic business landscape, effective risk management is essential for organizations to safeguard their assets, reputation, and long-term success.
During this CPE accredited webinar, our expert panel will delve into the intricacies of measuring the return on investment (ROI) of your risk management program. We will explore practical strategies, methodologies, and key performance indicators (KPIs) to help you quantify the value your risk management initiatives bring to your organization. Attendees will learn how to:
• Define and align measurable objectives for your risk management program.
• Identify relevant KPIs to assess the effectiveness of your risk management efforts.
• Techniques for collecting and analyzing data to measure ROI accurately.
• Evaluate the financial and non-financial impact of risk management activities.
• Communicate ROI findings to stakeholders for enhanced decision-making.
Moderator
Colin Whittaker, PCI Industry Alumni, Founder and Director Informed Risk Decisions Ltd. Colin has been instrumental in driving forward a risk and security strategy for payments over the last 15 years since he retired from the military in 2001, and took up the role of Head of Security at APACS. At APACS he started the move to confront the reality of the threat to payment systems and the implications this has on any risk and security decisions taken. He was instrumental in helping the industry coordinate the response to the wave of e-banking attacks that started in 2004, and the development of a card based customer authentication strategy to protect e-banking channels. Whilst there he was one of the first people to be elected to the PCI SSC Board of Advisors where he was always keen to try and promote the differences in threat between Europe and UK, and the US. Since that election he hasn't moved far from the PCI domain. In 2010 he moved to Visa Europe and became the Vice President Payment System Risk with responsibilities for designing and operating the Visa Europe PCI compliance strategy for European merchants and service providers. This included contributing to the strategic development of the Council through representing Visa Europe at the PCI SSC's Executive Committee, as well as the technical development of the standards. He was also responsible for coordinating Visa Europe's approach to cardholder data breaches in Europe. Colin was responsible for the changes to the Visa Europe Compliance strategy through the creation of the Technology Innovation Programme which gave the very first PCI DSS compliance relief for EMV chip accepting merchants. He has now built on this experience by learning first-hand what PCI DSS means to merchants through his experience at Carlson Wagonlit Travel. Applying PCI DSS to probably one of the most complex industry verticals and one where it is almost impossible to spend money as a customer without using credit cards! He is now working as a freelance consultant helping retailers and service providers solve their cyber security and payment security compliance dilemmas.
Panel
Aaron Peiken, Senior Solutions Engineer at OneTrust. Aaron is a Sr. Solutions Engineer - supporting strategic GRC customers for OneTrust. After spending a few years on OneTrust's implementation team, focused on architecting and implementing long term solutions across the GRC cloud, Aaron moved to the Solution Engineering Team where he now focuses on supporting presales evaluations for our largest customers, delivering demonstrations and supporting communications with our product team. Aaron specializes in GRC & Security Assurance with industry certifications across Privacy, GRC, and Third-Party Risk. His previous experience includes software implementation, agile project management, and sales.
Evan Tegethoff is Director of Engineering and Consulting at BitSight. He previously held numerous leadership roles in Risk and Compliance Management. Prior to BitSight, he developed Third Party Risk approaches for numerous large organizations. Additionally, he led consulting teams focused on third party risk assessment and risk management. He completed his education at Michigan State University.
Faizan Tai is a Customer Success Senior Manager at LogicGate, a SaaS company whose proprietary Risk Cloud® platform helps organizations automate and streamline their GRC processes. Prior to joining LogicGate, Faizan worked as a Technology Risk Consultant at RSM, Program Manager for Business Transformation and ITGRC at Walgreens, and Global Technology Risk Manager at BMO Financial, providing technology consulting and audit services for a wide range of clients. Prior to this, he supported the Security Strategy and Architecture group for Deloitte Global. At LogicGate, Faizan leverages his GRC knowledge and experience at RSM, Walgreens, and BMO to design complex risk management processes and support account level customer portfolio management, focused on large strategic enterprises. Faizan is also a passionate entrepreneur and volunteer venture analyst.
Jared Siddle, Director of Risk, North America at Protecht Group. Jared has extensive experience in enterprise risk management, compliance and assurance, including recent roles as Head of Risk Management for three banks and financial institutions. Over his career, he has managed global risk and compliance teams in more than 26 countries. His past work includes leadership roles as the Head of Risk Management for Vanguard and the Head of Risk Management for Fidelity International, with both roles based in London. Jared earned his Executive MBA from École des Ponts Business School in Paris and his BSc with Honours from City Of London Polytechnic. He is a Qualified Risk Director® of the Directors & Chief Risk Officer Institute, a Certified Enterprise Risk Professional with the American Bankers Association, and a Certified Institute of Risk Management Fellow. On LinkedIn: https://www.linkedin.com/in/jared-siddle