E065 - Risky Business - Let’s Talk About Risk Management

In this episode of Socializing Security, Brian and Milou delve into the fundamentals of risk management, emphasizing its importance across all organizations. They discuss the definition of risk management, the process of identifying and assessing risks, and the significance of executive buy-in. The conversation covers various aspects of risk management, including quantitative analysis, compliance requirements, and the integration of risk management with cybersecurity practices. The hosts also explore different strategies for treating risks and the necessity of ongoing monitoring and review to ensure effective risk management.

Chapters

00:00 Introduction to Risk Management
00:57 Understanding Risk Management
03:07 Risk Assessment and Organizational Context
07:24 Quantitative Risk Analysis
11:39 The Importance of Cybersecurity in Risk Management
14:00 Compliance and Risk Management
15:28 Integrating Risk Management with Cybersecurity Practices
20:17 Implementing a Risk Management Program
23:31 Risk Treatment Strategies
26:58 Monitoring and Reviewing Risks