Go beyond - Manage, embrace and thrive on risk

Governance, risk management, and compliance (GRC) have long been considered a necessary evil. However, as a result of the pandemic, businesses are now dealing with a higher level of risk, particularly from digital business and operations, especially when the risk of third-party exposure is in the equation, the situation becomes much more complicated.

So, how do businesses deal with this growing complexity, as well as other challenges such as environmental, social, and corporate governance (ESG)?

MetricStream, founded in 1999 and headquartered in San Jose, California, is the global SaaS leader of Integrated Risk Management and GRC solutions that empower organisations to thrive on risk by accelerating growth via risk-aware decisions.

According to Bruce Dahlgren, Chief Executive Officer, MetricStream, “The old ways of managing risk – siloed, compartmentalised, and manual – are no longer effective or efficient. Risk is pervasive, stretching across the enterprise.” He stresses that it is time for leaders to manage, embrace, and thrive on risk by breaking down silos and implementing a Connected GRC strategy that becomes a single source of truth to make more strategic business decisions.

During the conversation, Bruce explains the elements of governance, risk management, and compliance and how they impact companies.

He also talks about:

The state of GRC and cyber risk management adoption for companies in Asia Pacific.
The challenges that risk and security professionals face currently and the shift to remote working environments affect the impact of cyber risk.
Cyber risk quantification and its importance, and how security leaders can ensure they are prioritising risks.
How ESG impact the current risk management landscape in the region.
What boardrooms can do to better prepare for the ESG wave. Bruce shares some framework examples that companies can implement.
His views and thoughts on shareholder activism and how it can influence a company’s risk appetite.
How he sees the role of risk and security professionals evolving in 2022.