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Risk Management Edition March 2022 ENHANCING GRC, MINIMIZING RISK! WHISTLEBLOWER SECURITY Shannon Walker, President SOLUTION PROVIDERS 2022 TOP RISK MANAGEMENT• • • • • Visualizers Nicholas Wilson Monica PhilipLeona George Printing and Circulation Sandy Philip Christopher MarkusAlex George Graphic Designers James WilliamsAndrew Sebastian editor@grcoutlook.com Michael Robert Edward JohnDave Walker Editorial staffs Sujay Kodoor Scott Morson Creative Team Vishnu Santhosh Natasha Jacob Managing Editor Editor-in-Chief At GRC Outlook Magazine, a team of industry veterans, editors, and cybersecurity specialists are on a constant quest to portray the best and the most innovative security solutions available in the industry so that you don’t’ have to take the trouble of finding the finest technology partner. In addition, our print and digital magazine provide CIOs and CISOs viewpoints on the latest security and compliance trends that are existing in the industry. 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For permissions contact: ICON Media Inc. 30 N Gould St Ste R Sheridan, WY 82801 (646) 396 6545 Richard Taylor Jennifer LetaLowrence Tse Benny DavisSam Morris Sales benny@grcoutlook.com sales@grcoutlook.com Copyright © ICON Media Inc. 2022 Subscribe @Organizations worldwide are facing sophisticated ransomware attacks. Moreover, unlike the earlier times, enterprise risk management has expanded beyond simple financial governance to security, governance, risk and compliance (GRC). Over the last few years, risk management solution providers have enhanced their analytical toolkits in extraordinary ways, with cloud computing, and machine- learning capabilities to introduce innovative ways of measuring and managing risk. The risks associated with the use of cyber-physical systems, cloud applications, complex digital supply chains, social media and more have made organizations more exposed. While on the surface a business may seem well-managed, upon closer inspection, the number of frauds and risks will be numerous. This is where the role of an innovative risk management solution provider that fits your exact needs plays a key role. Though the industry is filled with a variety of solutions and numerous innovations around risk management and compliance, the one-size-fits-all concept might not work for every business. To help businesses align with the current risk management trends, and security posture, we’ve developed this special edition on Risk Management Solution Providers who stand out from the crowd. This edition also includes insights from some of the leading CSOs, Compliance officers and innovators. We hope this edition adds value to your risk management initiatives. Voice of the Editor Natasha Jacob Editor-in-Chief ARE YOU IN THE RIGHT RISK POSTURE?ENHANCING GRC, MINIMIZING RISK! WHISTLEBLOWER SECURITY Shannon Walker, President COVER STORY Page No 08 SOLUTION PROVIDERS 2022 TOP RISK MANAGEMENTCONTENT PAGE Transforming Risk Assessment Techniques Continuous Resilience, Delivered Securing the Organizations from Cyber Threats Exclusive Relationship Intelligence ARCTIC INTELLIGENCE BUGCROWD CONQUEST CYBER FERRET Darren Cade, CEO Ashish Gupta, President and CEO Jeffrey J. Engle, Chair and President Robert Loughan, Co-Founder and CEO 16 22 26 30 24 40 34 37 18 28 32 BUSINESS STRATEGY, RISK MANAGEMENT, CHECKING BOXES, AND ADDING VALUE INSIDER THREAT: THE BIGGEST RISK TO YOUR ORGANIZATION IS YOUR WORKFORCE HOW TO MANAGE RISKS AND SLEEP BETTER AT NIGHT INTEGRATING SAFETY & SECURITY RISK MANAGEMENT WITH ERM GOVERNMENT IT ADMINISTRATORS SHOULD THINK ABOUT HOW THEY CONTROL THESE FEATURES AND WHICH RELATES TO SECURITY RISK LET’S TALK RISK RISK MANAGEMENT ON THE EDGE Kristy Westphal, Director, Information Security and Operations, HealthEquity Mark Somers, Chairman and Director of Research, 4most Harris Schwartz, Field Chief Information Security Officer, Elevate Security Sammy Basu, Cybersecurity Advisor, Academy Instructor, Per Scholas Paul Mercer MPhil CSyP MSyI,Managing Director, hawksightsrm.com Eric Bonnell, SVP - Risk Management, Atlantic Union Bank Bill Anderson, President, CIS MobileShannon Walker, President COVER STORYENHANCING GRC, MINIMIZING RISK! WHISTLEBLOWER SECURITY O rganizations are responsible for putting proper GRC measures in place to ensure they can successfully manage compliance with regulations and internal policies. To address these needs, businesses require adequate risk management and analytical measures to guarantee effective GRC. However, keeping a robust GRC program is often challenging as new compliance regulations constantly evolve and new risks arise every year. Moreover, the regulatory environment globally is extremely fluid and diverse. WhistleBlower Security (WBS) specializes in delivering flexible and modern 24/7/365 integrated Hotline and Case Management Ethics Reporting Services for the public, private and not-for-profit organizations around the globe. The company achieves this through regular communications as well as through the functionality of its IntegrityCounts reporting platform. “Our Global Ethics Reporting services offers the most human whistleblower experience in the market, a SOLUTION PROVIDERS 2022 TOP RISK MANAGEMENTNext >