Steven Minsky
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  • Boston, MA
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Steven Minsky posted a blog post

Takeaways from Speaking at the 2019 RIMS Risk Management Conference

The Risk Management Society (RIMS) held their annual 2019 Risk Management Conference from April 7 to 10 in Boston. This year I was honored to be selected to speak on the effects of the See-Through Economy, “How to Mitigate Reputational Risk.”The Risk Management Society holds one of the largest risk events of the year. Its purpose is to provide anyone tasked with risk…See More
Tuesday
Steven Minsky posted a blog post

Change Management: A Risk-Based Approach to Reorganization, Regulation and Recession

In a recent poll, LogicManager found that among 78 senior executives, 70% believed their organization’s goals would be impacted by a recession and yet nearly sixty percent either did not have a plan or were unsure if a change management plan was in place to prepare.Adequately preparing for change happening within and outside of a company is not a new goal. Yet many…See More
Jun 6
Steven Minsky posted a blog post

How to Operationalize Cybersecurity: Takeaways from Speaking at the 2019 ISACA NA CACS Conference

ISACA, a leading nonprofit organization dedicated to the development, adoption, and use of industry-leading information security knowledge and best practices, opened up its 50th anniversary celebration this year with their 2019 North America CACS Conference. I was fortunate enough to be invited to speak to the more than 1,500 cybersecurity professionals in attendance…See More
Jun 4
Steven Minsky posted a blog post

Flexible Risk Assessments and Effective Reporting in the Banking Industry

The banking industry is perceived as the most advanced in their understanding and implementation of risk management. Although banks have indeed made huge progress in risk management, two areas all banks can improve is the structure used in conducting their assessments to enable actionable and insightful strategic reporting.I’ve found that the understanding and…See More
Apr 22
Steven Minsky posted a blog post

Eliminate 81% of Your Cybersecurity Vulnerabilities in 90 Days

Cybersecurity vulnerabilities are an increasing concern for every company in every industry. Year over year, data breaches increase by 75%. Why are they becoming more prevalent, and how can you protect your business?Before you can protect your company from a data breach, you have to understand why they’re occurring. So let’s look at some statistics:…See More
Mar 28
Steven Minsky posted a blog post

How to Tackle The Top Three Risks in the Energy Industry

For the first time, reputation risk, organizational culture, and cybersecurity have all landed among the top five risks in the energy industry. How can energy companies tackle all of these risks without wasting time and money on additional resources?This year at my IRMI Energy Risk and Insurance…See More
Mar 7
Steven Minsky posted a blog post

 Even a $1 trillion company cannot hide in the See-Through Economy. After a fourteen-year-old boy discovered a serious bug in Apple’s group FaceTime feature, his mother e-mailed, faxed, and tweeted t…

 Even a $1 trillion company cannot hide in the See-Through Economy. After a fourteen-year-old boy discovered a serious bug in Apple’s group FaceTime feature, his mother e-mailed, faxed, and tweeted the report to Apple. However, it wasn’t until after her tweet went viral that the bug was disabled. How could Apple have responded more efficiently and avoided this…See More
Feb 21
Steven Minsky posted a blog post

How to Prepare for Recession Risk with ERM

Today the economy is strong and your business is doing well. But are you prepared for when this strength turns to weakness? Enterprise risk management has been proven to help companies survive a recession.While there is much debate over whether a recession is looming or not, the fact is, you need to be prepared. Whether in 2019, 2020, or 2021, it’s not a question of “if,”…See More
Jan 16
Steven Minsky posted a blog post

How the See-Through Economy Will Change Your Business by 2023

There’s an undeniable shift occurring in the business world right now. In fact, it’s been forming since 2007. I’ve coined the phrase the See-Through Economy to encapsulate the shift towards transparency and accountability brought on by new technology and social media.Since the invention of the smartphone in 2007, consumers have started to exercise their sharing power.…See More
Jan 4
Steven Minsky posted a blog post

Top ERM Blog Posts of 2018

Scandals, predictions, and insights, oh my! We’ve covered a lot of ground this year in the risk management world. But what were the topics people were buzzing about most?With over 50 blogs posted in 2018 alone, there was a lot to learn and even more you could have missed as the seasons whizzed by. So, we compiled the top ten blog posts of 2018 to help you refresh and catch…See More
Dec 28, 2018
Steven Minsky posted a blog post

Will Marriott be the First Major Brand to Get Fined for GDPR?

Last Friday, Marriott disclosed that the data of about 500 million guests had been exposed as a result of a hack that dates all the way back to 2014.In 2014, hackers exploited the reservation system of Starwood Hotels and Resorts, which was acquired by Marriott in 2016. The …See More
Dec 19, 2018
Steven Minsky posted a blog post

IMPACT 2018: Becoming a Risk Management Hero

On Nov. 29, the LogicManager community arrived at Hotel Commonwealth in the historic Fenway district of Boston for sold-out IMPACT 2018. Every year, LogicManager hosts a customer conference where users of the ERM software can learn, share, and grow their risk management program to full maturity.    Upon walking into the conference space, you could feel the partnership LogicManager strives to create between customer and employee. As a SaaS provider, most of our work is virtual. But at IMPACT, it…See More
Dec 7, 2018
Steven Minsky posted a blog post

Taking a Risk-Based Approach to IRM Yields Actionable Insights Aligned With Business Objectives

Gartner’s 2018 Magic Quadrant for Integrated Risk Management positions LogicManager highest for ability to execute and identifies a shift in focus by end-user organizations from compliance-based GRC to IRM solutions.The Gartner report states that “IRM goes beyond traditional, compliance-driven GRC technology solutions to provide actionable insights that are aligned with business strategies, not just regulatory mandates.”The reason for this shift, according to Gartner, is that “risk management —…See More
Nov 16, 2018
Steven Minsky posted a blog post

Facebook’s Failure to Mitigate Cyber Risks Could Cost Billions

In late September, Facebook announced that it had discovered a breach in its network that had exposed the personal data of nearly 50 million users to hackers.The hackers exploited a feature in Facebook’s code to gain access to user accounts, potentially enabling them to take control of them. The breach was the largest in Facebook’s fourteen years of existence.The fallout…See More
Nov 14, 2018
Steven Minsky posted a blog post

Takeaways from Speaking at the SCCE on Risk-based Compliance

The Society of Corporate Compliance and Ethics (SCCE) held their annual Ethics and Compliance conference from September 20 to 24 in Las Vegas. This year, I was fortunate enough to be selected to hold a three-hour workshop on risk-based compliance: “Meeting Increased Customer Expectations, Not Just Regulatory Requirements.” …See More
Nov 13, 2018
Steven Minsky posted a blog post

How to Audit Cyber Risk

The volume and complexity of the data companies collect is increasing exponentially, which creates major challenges for audit professionals.When we surveyed hundreds of risk professionals, a staggering 72% considered their company to be most vulnerable in cybersecurity. So, it’s no surprise that auditors are frustrated evaluating the…See More
Nov 9, 2018

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Tell us more about who you are, what you do and where you want to be. What are your main business challenges? (Tip: provide your current Job Title, Industry, company or/and paste your Linkedin profile here). Use as many relevant keywords as possible. Tell us what you can offer the community. What sorts of discussions, events, and activities you can participate in.
Steven is the CEO of LogicManager, the leading provider of ERM solutions. Steven is also the author of the RIMS Risk Maturity Model and the RIMS State of ERM Report, a frequent contributor to blogs and press, and an instructor on many risk management topics.

Steven is a patent author of risk and process management technology and holds MBA and MA degrees from the University of Pennsylvania’s Wharton School of Business and The Joseph H. Lauder Institute of International Management.
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Steven Minsky's Blog

Takeaways from Speaking at the 2019 RIMS Risk Management Conference

Posted on June 18, 2019 at 8:51pm 0 Comments



The Risk Management Society (RIMS) held their annual 2019 Risk Management Conference from April 7 to 10 in Boston. This year I was honored to be selected to speak on the effects of the See-Through Economy, “How to Mitigate Reputational Risk.”

The Risk Management Society holds one of the largest risk events of the year. Its purpose is to provide…

Continue

Change Management: A Risk-Based Approach to Reorganization, Regulation and Recession

Posted on June 6, 2019 at 11:08pm 0 Comments

In a recent poll, LogicManager found that among 78 senior executives, 70% believed their organization’s goals would be impacted by a recession and yet nearly sixty percent either did not have a plan or were unsure if a change management plan was in place to prepare.…

Continue

How to Operationalize Cybersecurity: Takeaways from Speaking at the 2019 ISACA NA CACS Conference

Posted on June 4, 2019 at 6:58pm 0 Comments

ISACA, a leading nonprofit organization dedicated to the development, adoption, and use of industry-leading information security knowledge and best practices, opened up its 50th anniversary celebration this year with their 2019 North America CACS Conference. I was fortunate enough to be invited to speak to the…

Continue

Flexible Risk Assessments and Effective Reporting in the Banking Industry

Posted on April 22, 2019 at 8:00pm 0 Comments

The banking industry is perceived as the most advanced in their understanding and implementation of risk…
Continue

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