Steven Minsky's Blog (228)

How to Interpret the Gartner Magic Quadrant for Risk Management


Added by Steven Minsky on October 3, 2019 at 5:12pm — No Comments

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…


Added by Steven Minsky on June 18, 2019 at 8:51pm — No Comments

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.…


Added by Steven Minsky on June 6, 2019 at 11:08pm — No Comments

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…


Added by Steven Minsky on June 4, 2019 at 6:58pm — No Comments

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…

Added by Steven Minsky on April 22, 2019 at 8:00pm — No Comments

Eliminate 81% of Your Cybersecurity Vulnerabilities in 90 Days

Cybersecurity vulnerabilities are an increasing concern for every company in every industry. Year over year,…

Added by Steven Minsky on March 28, 2019 at 8:00am — No Comments

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…

Added by Steven Minsky on March 7, 2019 at 10:18pm — No Comments

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.…


Added by Steven Minsky on January 16, 2019 at 7:37pm — No Comments

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…


Added by Steven Minsky on January 4, 2019 at 7:29pm — No Comments

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…


Added by Steven Minsky on December 28, 2018 at 5:00pm — No Comments

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


Added by Steven Minsky on December 19, 2018 at 5:00pm — No Comments

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.…


Added by Steven Minsky on December 7, 2018 at 8:30pm — No Comments

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…


Added by Steven Minsky on November 16, 2018 at 5:09pm — No Comments

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…


Added by Steven Minsky on November 14, 2018 at 10:12pm — No Comments

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.”



Added by Steven Minsky on November 13, 2018 at 8:42pm — No Comments

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, …


Added by Steven Minsky on November 9, 2018 at 8:30pm — No Comments

Uber is Caught in a Risk Management Bind. How Can They Get Out?


Added by Steven Minsky on October 18, 2018 at 4:30pm — No Comments

What’s the Best Way to Stay Compliant with GDPR?

We’d like to congratulate the 25% of US-based companies that achieved GDPR compliance by the May 25th deadline, and to share a little guidance on how to stay compliant over time.

As we all know, the GDPR is a huge deal. In addition to the scope of this new regulation, there’s also the consequences of non-compliance, i.e. up to €20 million or 4% of annual…


Added by Steven Minsky on October 3, 2018 at 7:00pm — No Comments

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