Risk is Our Business copertina

Risk is Our Business

Risk is Our Business

Di: Michael Rasmussen
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A proposito di questo titolo

Welcome to Risk Is Our Business, where we explore the principles of Governance, Risk Management, and Compliance — to reliably achieving objectives, navigating uncertainty, and act with integrity.

Here, we follow the Prime Directive of Risk Management: No decision or strategy moves forward without understanding its impact on our objectives, our resilience, and our values. Because risk isn’t the enemy, it’s the mission.

After all, risk is our business.

Join us as we go boldly into the world of GRC.Copyright 2025 All rights reserved.
Economia
  • When Risk Gets Real: Lessons from the Bridge
    Apr 20 2026

    In this episode of Risk Is Our Business, Captain Michael Rasmussen brings together a cross-functional crew of risk, audit, cyber, and technology leaders for a candid conversation recorded in the Netherlands. Joined by David Ngu, Brett Steinmetz, Jos Bredero, and Eric Groen, the discussion opens with a simple question: what actually keeps you up at 1 a.m. when it comes to risk?

    From there, the conversation explores the key drivers shaping risk management in the Netherlands, and how they compare to broader European and U.S. approaches. The group reflects on how Europe tends to lean more toward principles and outcomes-based thinking, while the U.S. often emphasizes rules and compliance and how those differences play out in practice across organizations and industries.

    They then turn to the role of professional services firms, unpacking what a successful engagement really looks like. Rather than focusing purely on tooling, the discussion emphasizes the importance of a business-oriented approach, ensuring that technology implementations are grounded in real operational needs, not just frameworks or features.

    The episode closes with each guest offering a key takeaway and practical insights drawn from their experience working across risk, controls, cyber, and consulting.

    This is a grounded look at how risk is actually managed on the ground (across regions, disciplines, and perspectives) when the frameworks meet reality.

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    36 min
  • From Heatmaps to Histograms: Rewriting Cyber Risk on the Bridge with Tony Martin-Vegue
    Apr 13 2026

    In this return episode of Risk Is Our Business, Captain Michael Rasmussen reconnects with Tony Martin-Vegue for a wide-ranging conversation built around his new book, From Heatmaps to Histograms: A Practical Guide to Cyber Risk Quantification.

    At the center of the discussion is a simple but uncomfortable idea: most organizations aren’t really measuring cyber risk, they’re describing it. Heatmaps, scoring models, and qualitative frameworks may look familiar, but they rarely help leaders make better decisions.

    Tony breaks down what’s going wrong, and why. Along the way, he uses an unexpected historical example (the Hanoi Rat Massacre of 1902) to illustrate how well-intentioned interventions can create worse outcomes when incentives, measurement, and behavior are misaligned.

    The conversation moves through the core themes of the book:

    • Why cybersecurity often behaves like two separate disciplines under one label
    • Why quantitative risk is less about advanced math and more about structured thinking
    • The biggest myth about data that keeps organizations stuck in qualitative approaches
    • Where methods like Monte Carlo simulation and FAIR fit and where they don’t

    They also explore why many cyber risk quantification programs fail, what it takes to make them practical, and how the same principles apply beyond cyber to operational risk more broadly.

    At over an hour, this is one of the most in-depth conversations on the show! It's less a summary and more a working session on how to move from risk reporting to decision-making.

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    1 ora e 8 min
  • Staying on Course: Risk, AI, and Resilience in a Changing World with Hakkı Sarp
    Apr 6 2026

    In this episode of Risk Is Our Business, Captain Michael Rasmussen connects over a slightly distant comms link (via Teams) with Hakkı Sarp, Enterprise Risk Management leader at QIAGEN, for a conversation on how risk management is being reshaped by today’s fast-moving environment.

    They begin by examining the limitations of traditional risk practices, and why approaches built for slower, more predictable conditions are struggling to keep up with the velocity and complexity organizations now face. From there, the discussion turns to AI and separating real value from hype, including identifying where it is genuinely enhancing risk management today versus where expectations may be running ahead of reality.

    Hakkı and Michael explore the dual challenge of predicting risks while remaining adaptable, and how organizations must balance short-term financial pressures with longer-term sustainability considerations that don’t always fit neatly into existing frameworks. They also unpack the role of risk culture and what it really means, why it’s so difficult to embed, and how leadership behaviors ultimately determine whether risk is lived or simply documented.

    The conversation closes with a simple but powerful perspective on how leaders should approach risk in a world where uncertainty is constant and conditions change faster than frameworks can keep up.

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    21 min
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