Cybersecurity: Organizations' Risk Management Departments Need to Adapt to New, More Complex Threats

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Innovation Enterprise would like to introduce you the Risk Management Summit, taking place in Boston on September 8 & 9. Industry leading speakers will give you insights about cybersecurity, data protection & more.

Finance

The line-up we have put together should provoke ideas and help drive innovation in risk management in such a way as is necessary in all industries, leaving attendees far better prepared for what lies ahead. - Maisy Hockey, event curator

In an age of fast-evolving technology, organizations’ risk management and internal audit departments are having to adapt rapidly to new, more complex threats. The most pressing risk for the majority of companies is their cybersecurity. According to a recent ITRC Data Breach Report, over 169 million personal records were exposed in 2015, with 781 publicized breaches. IBM/Ponemon estimates that the average global cost of each lost or stolen record containing confidential and sensitive data was $154, rising to $363 in healthcare.

This threat is only going to grow in upcoming years. As cybersecurity advances, hackers simply develop more elaborate ways to enter companies’ networks undetected. The Risk Management Summit, taking place this September 8 & 9 in Boston, will see a number of industry leading speakers come together to lead discussions around the dangers of cybersecurity, as well as other risks facing them in the modern world.

Among those presenting at the summit is Brian Matthews, International Internal Audit Manager at AutoZone. He notes that, ‘Companies failing to protect their data need to find ways to leverage the expertise of third parties, limit retention of sensitive data, encrypt where possible, benchmark with peers and data security leaders, perform extensive penetration testing, and never underestimate on-going requirements to stay abreast of current threats and the proposed solutions for maintaining secure networks.’

The cloud is another relatively new consideration for risk management practitioners. Kamyar Moud leads the risk architecture at AIG and will also be presenting at the summit, discussing the rise of the cloud and how to manage cyber security within it. He will show the audience how enterprises’ security perimeters have evolved, and use his wealth of experience to run through some risk-based approaches to meeting the challenges.

The summit will see in excess of 20 more speakers take the stage, all highly experienced executives from companies at the pinnacle of their industry. There will also be more than 100 senior level delegates in attendance at the summit and numerous opportunities available for discussion. According to event curator, Maisy Hockey, ‘the line-up we have put together should provoke ideas and help drive innovation in risk management in such a way as is necessary in all industries, leaving attendees far better prepared for what lies ahead.'

We recommend securing your pass today by contacting Elliott Jay at ejay(at)theiegroup.com or +1 415 800 4713. Alternatively you can simply register online.
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IE
Innovation Enterprise Ltd, a division of Argyle Executive Forum, is a business-to-business media brand specializing in delivering the most innovative business solutions to executive-level decision makers. Innovation Enterprise produces a range on online and offline content, including, but not limited to, summits, online learning, webinars, and white papers, as well as offering other additional services such as lead generation and bespoke research.

Innovation Enterprise focuses on seven key channels - Finance, Supply Chain, Analytics, Big Data, Strategy, Digital, Innovation & Sports - to ensure that organizations are furnished with all the cutting-edge insights necessary to driving growth in the evolving business environment.

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Lauren Ravary
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