Name: The Risks and Rewards of AI in Business Automation
Start: 2023-06-22T18:00:00Z
End: 2023-06-22T18:01:10.000Z
Location: BrightTALK
Rating: 5

LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber, governance, risk, and compliance (GRC) functions to easily and effectively accelerate program maturity. Recognized by The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q4 2023 report as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph database that makes the technology flexible, agile, and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering organizational resilience, LogicGate helps customers save time through automation, quantify risk, strengthen their security posture, and gain visibility across their risk landscape.

In this episode of GRC & Me, host Meghan Maneval is joined by Macy Mody, VP of Customer Experience at SafeBase, to discuss the critical role that trust plays in business success.

They explore:

• How trust centers help reduce risks and increase efficiencies 
• The advantages of AI and how it can enhance the experience
• The potential pitfalls and challenges of AI

Tune in for invaluable insights around fostering trust in your organization and leveraging technology to drive growth!

Digital Trust: A Critical Component of Managing Business Risk

Join us in the latest episode of GRC & Me as host Meghan Maneval and Michael Rasmussen, GRC Analyst & Pundit at GRC 20/20 Research, discuss vendor risk management and the differences between third, fourth, and fifth-party risks. 

They discuss:

• Essential regulations and standards in the financial and banking sectors, highlighting how they vary
• Best practices for effectively building, managing, and staying current with a comprehensive vendor risk management program
• The role of automation and AI in enhancing vendor risk programs, as well as their limitations
• 2025 regulatory predictions and their potential impact on vendor risk strategies in the financial services

Beyond Your Walls: Third-Party Risk in Financial Services

Join us for our upcoming webinar, where we’ll dive into the critical GRC challenges facing the retail and manufacturing industries.

Whether protecting consumer data in retail or ensuring smooth global supply chains in manufacturing, you’ll learn how to safeguard your business, scale your GRC programs, and prepare for the future. Get ahead of the competition by leveraging the latest tools to boost efficiency, reduce risk, and thrive in an era of digital transformation. Don’t miss your chance to learn actionable strategies and build a resilient GRC framework that powers success from the factory floor to the storefront!

You'll learn how to:

• Uncover the unique GRC challenges in retail and manufacturing—from operational safety and quality control to cutting-edge cybersecurity and data privacy solutions that keep your business compliant and secure
• Unlock the power of AI, IoT, and automation to supercharge your GRC programs, enabling real-time monitoring and proactive risk management for a future-proof business
• Master third-party risk management by building strong, compliant partnerships that minimize risk and maximize efficiency
• Stay one step ahead of tomorrow's challenges—be it cyber threats, supply chain shocks, or regulatory demands for sustainability—by crafting a forward-thinking GRC strategy

From Factory to Store: Scaling GRC in Retail and Manufacturing

We’re excited to explore the ever-changing landscape of banking compliance including best practices for staying audit-ready amidst constantly evolving regulations.

LogicGate's Meghan Maneval, Senior Director of Product Marketing, and Stephenie Southard, Chief Security Officer at Baxter Credit Union, will discuss:

• Compliance requirements, from NCUA mandates to state-specific privacy laws, PCI 4.0, and more 
• AI in banking, along with third-party and vendor risks
• The challenges and best practices in navigating compliance complexities across the industry

Navigating Financial Industry Compliance

Governance, risk, and compliance (GRC) have emerged as critical pillars that underpin the stability and growth of financial institutions.

As regulatory requirements intensify and risks become more complex, the ability to seamlessly integrate GRC frameworks has become a key differentiator for success. 

This session with ComplianceWeek delves into the acronyms that have revolutionized the finance industry–from the Bank Secrecy Act (BSA) and anti-money laundering (AML) to know your customer (KYC) and the Federal Deposit Insurance Corporation (FDIC).

Join us to:

• Understand the role of AML, BSA, KYC, and the FDIC
• Explore the integration of GRC frameworks
• Identify best practices for implementing AML, BSA, and KYC in finance
• Assess the impact of these regulations

*CPE credits not offered*

The Acronyms that Changed the Finance Industry: from AML and BSA to KYC and BaaS

Like a climber scaling a mountain, you have to strike a balance between growth and efficiency when expanding your processes and technology. As your organization matures from base camp to summit, organizational priorities, program growth, and mountains of data can make it increasingly difficult to establish a data management strategy that can get you to the peak.

Climb easy! Risk Cloud’s new features and functionality can power you to new heights. Join the LogicGate Team along with Shelley Heinen, Data Sharing Governance Council Lead at Kroger & 84.51°, to explore these new tools, learn how early adopters like Shelley have been putting them to use, and other tips and tricks for scaling your GRC programs in Risk Cloud. 

Join us to:

• Learn more about how Data Repositories can help you efficiently manage and integrate large amounts of data from external sources into your Risk Cloud Workflows
• Understand how you can drive process efficiency through Table Report Editing and Archiving Records
• See the new Bulk Import & Bulk Link features in action

LogicGate Live: Scaling Data Peaks, Mastering Data Management

As artificial intelligence (AI) continues to advance rapidly and organizations expand their usage to optimize efficiency and productivity, implementing internal AI policies to ensure regulatory compliance and minimize exposure remains a hot topic.

Join us as we explore emerging AI rules, like NIST AI RMF, and how compliance teams can implement effective processes and controls to proactively identify, assess, and mitigate the largest AI risks, ensuring compliance with internal policies and external regulations.

Steps will include how to:

• Gain clarity around AI governance policies and procedures
• Implement controls for AI risk mitigation
• Thoughtfully integrating AI governance into cybersecurity
• Assess AI risk from third-party vendor

*CPE credits not offered*

Proactive AI Compliance: 4 Essential Steps to Minimize Exposure

It can be incredibly difficult to understand the real risk vendors pose to your organization. This creates friction when trying to plan for a likely outcome if they were breached, and how to delineate programs that create the most exposure.

Operationalizing information and prioritizing criticality is imperative to your business strategy. Join the LogicGate and Black Kite teams for a conversation on how to understand financial impact across vendor risk and use it to prioritize programs such as cybersecurity, business continuity, disaster recovery, and more.

Join us to:

• Learn how to manage financial risk to understand the impact of third and fourth parties
• Hear from experts on how to understand the business disruption or financial impact of a vulnerability
• Gain tips and best practices for triaging third-party risks and communicating them to the business

LogicGate Live: Financial Risk Remediation

If your company is to survive a growing number of relentless attacks, you had better have eyes everywhere. But no one has that many eyes. The better strategy is to know your weak points and guard those closely.

This webinar offers insights on how to realistically assess your company’s vulnerabilities, including how to prioritize them so that you put the most resources into protecting the vulnerabilities that will likely cost the most if exploited. This webinar is all about developing a custom-fitted strategy. 

Join us to learn:

• How to realistically assess your company's vulnerabilities
• How to identify and prioritize risks to information and systems
• How to select controls to mitigate and treat identified risks
• Methods to improve overall resiliency and cyber posture
• Why documenting, reviewing, and regularly updating findings is critical

Your Enterprise Cyber Risk Assessment

When structured correctly, Governance, Risk, and Compliance (GRC) can enable enterprises to align IT and business goals, while mitigating risks and abiding by industry and government requirements.

Effectively manage your resources and unify your enterprise by utilizing emerging technology that drives data-driven decision making. In this webinar, LogicGate CISO, Nick Kathmann, and Dr. Pape Cissé, Chief Information Officer at AmeriCorps, reveal ways to make GRC easier and more automated to push your company to the next level.

Join us to learn:

• How GRC safeguards your business from penalties while increasing customer trust
• How data privacy can impact disaster recovery and risk management
• Several benefits of GRC implementation for organizations
• Why GRC requires a unified and collaborative approach from different departments
• How the future of AI governance will impact GRC

The CIO's Guide to Enhancing GRC in 2024

Historically, GRC was viewed as one line in a budget sheet, but that is rapidly changing.

GRC practitioners are elevating their programs with tools and technologies that aggregate data and story-tell situational risk, security, compliance changes and more, so businesses can make risk-based decisions to move the needle forward. LogicGate Co-Founder and CEO, Matt Kunkel, and CISO, Nick Kathmann, will share:

• Why good security pays for itself
• The role GRC plays in the boardroom
• How to connect GRC programs to business impact

Optimizing Risk: GRC Is No Longer a Cost Center – It’s a Business Enabler

Join us for the GRC edition of the best-selling book: How to Win Friends and Influence People.

Hear GRC leaders from ANSA McAL Limited, BCU, and Equiniti share their experiences and insights on how to build allies and influence company strategy through data and story-telling. This panel discussion will cover:

• The need for GRC teams to act as "critical friends" to the business
• The process of building out a risk management framework, engaging stakeholders, and demonstrating the value of risk management 
• The cultural transition to integrating risk management into the organization's culture

How to Win Friends and Influence People: GRC Edition

While generative AI can propel organizations to be more efficient, effective and produce added value, the lack of clarity and understanding about how to quickly adopt AI models, govern usage and have the flexibility to scale are creating delays in implementing AI guidelines and guardrails. As AI rapidly evolves, taking a lackadaisical approach may come with ramifications.

GRC professionals must lead governance programming to help their organizations move fast, but safely to avoid the unintended consequences.

Join our guest speaker, Forrester Senior Analyst Cody Scott, alongside Jay Jamison, President of Product and Technology at LogicGate, for a conversation on how to efficiently adopt AI with the needed safety protections and protocols to govern successfully, and carve out a competitive advantage.

Navigating AI Governance: Opportunities, Outcomes, and Consequences

Effective Enterprise Risk Management requires collaboration and trust. Melanie Croy, VP, ERM Program Manager at United Community Bank and Risk Cloud Power User and Process Owner knows this well.

Together with a cross-functional team, Melanie created a New Business Activity Risk Assessment in Risk Cloud to develop a holistic view of the most significant risks, support  capital, earnings, and strategic objectives, and enhance risk response decisions, and reduce operational surprises and losses.

Join us to:

• Uncover how the team at United Community Bank approached building a New Business Activity Risk Assessment process in Risk Cloud.
• Gain insight into the factors that guided process decision making, and how they brought it to life using cross-functional workflows and processes.
• Learn how Enterprise Risk Management in Risk Cloud brought subject matter experts throughout UCB together for risk identification, risk assessment, and risk response, plus the benefits and outcomes their organization has experienced so far.

LogicGate Live: Collaborative Risk Management

Join Elisabeth Quillatre, Risk Management, Compliance and Privacy Officer at Vinted to learn how to mature immature risk processes, inform various business units about different areas of risk, and standardize how end users rate risks. 

You'll be able to:

• Understand how to mark a future process as strategic
• Hone in on top risks to lead decision making 
• Empower risk leaders through ownership
• Get comfortable with challenging risk scores

How We Turned Risk Into a Strategic Advantage

In this keynote, Michael Rasmussen, Analyst & GRC Pundit, equates the pursuit of excellence in Governance, Risk Management, and Compliance (GRC) to a challenging mountain climb, emphasizing the need for meticulous planning, the right tools, and adaptability in navigating the complex regulatory and risk landscapes. This keynote delves into the parallels between trekking and GRC implementation, highlighting the importance of a strong foundational base, the interconnectivity of GRC elements, and the use of technology in scaling new heights. We'll also discuss overcoming common pitfalls and the continuous effort required to maintain GRC maturity, comparing to the ongoing commitment needed in climbing to provide a comprehensive roadmap for organizations aiming to reach the summit of GRC excellence.

The GRC Journey: Your Climb to GRC Value & Maturity

Advancements in data aggregation, real-time monitoring, and artificial intelligence have unlocked a new era in risk management: dynamic GRC. Join Nick Kathmann, CISO at LogicGate, for an exploration of the possible as GRC continues its evolution from manual and reactive to dynamic and predictive. 

Nick will discuss:

• The importance of integrating GRC teams and technologies for near-real-time visibility and monitoring of critical risks at scale
• Practical examples how risk intelligence can inform important decisions around resource allocation, prioritization, and mitigation
• Steps you can take today on your own path to dynamic GRC

Dynamic GRC: Agile Risk Management

The risk landscape is becoming more connected, complex, and challenging, which means risk teams will require a holistic, robust, and mature GRC process that can be adopted enterprise-wide.

If you’re wondering “What is Holistic GRC, and why does it matter?,” be sure to join us for our next LogicGate Live session. LogicGate’s Solutions Engineering and Technical Account teams will discuss the value of interconnected GRC, the risks of silos, and tips for how you can start thinking more holistically about your GRC program. 

Join us to:

• Learn about the value and outcomes you can expect from building connectivity and flexibility of processes, data, reports, and teams across all levels of your organization.
• Walk through contrasting scenarios when GRC use cases work together and when they don't, to illustrate the benefits and outcomes.
• Get access to the Risk Cloud Solution Wheel and Use Case Maps, and see a live demo of Holistic GRC in action.

LogicGate Live: We LOVE Holistic GRC

Switching from traditional risk analysis methods like ordinal lists or red-yellow-and-green charts to more modern approaches like risk quantification requires a paradigm shift in how you think about measuring risk, but the increased accuracy, specificity, and reliability you’ll gain by doing so pays dividends.

On this episode of GRC & Me, Netflix’s Tony Martin-Vegue joins LogicGate’s Chris Clarke to explore the best ways to navigate this transition, how to learn and leverage popular risk quantification frameworks like Open FAIR, and why you shouldn’t completely throw your colored charts out the window just yet.

Shifting Gears To Quantify Risk with Netflix’s Tony Martin-Vegue

They say it takes a thief to catch a thief, so why not a hacker to catch a hacker? 

That was the premise behind Ted Harrington’s Independent Security Evaluators, a company dedicated to poking holes into other companies’ cyber defenses — for the right reasons, of course. On this episode of GRC & Me, Ted takes LogicGate’s Chris Clarke on a journey down the benevolent hacker’s rabbit hole, where they discuss:

• The difference between white box and black box testing (and which is better.)
• Why carrying these exercises out can build trust and become a competitive advantage in third-party risk assessment.
• Why it’s important to shift your mindset from one that views security as an obstacle to one that views it as an opportunity.
• Uncovering the unknown unknowns in cybersecurity.
• How “defense in depth” strategies can put security teams a step ahead of threat actors.
• The four traits that lead hackers to be successful, and why thinking like one can be an effective way to bolster your cyber defenses.

Please Hack Me: Hacking Companies for Good

Few careers involve managing as much risk as one where you’re responsible for launching humans riding gigantic rockets into outer space. That’s exactly what Barrios Technology Chief Strategy Officer Ginger Kerrick did during her three-decade career working for NASA.

On this episode of GRC & Me, Ginger joins LogicGate’s Chris Clarke to discuss methods for developing methodical, standardized thought processes for risk decision-making in high-stakes scenarios, how NASA employees are trained to separate logic from emotion, how disasters can inform future mitigation planning, and why the most important part of managing risk is having the right leaders in place.

Rockets, Radios, and Risk: How NASA Manages Uncertainty in Orbit

One of the most high-profile risk events of the last year was the swift collapse of Silicon Valley Bank and other regional banks amid spiking interest rates. Part of the problem? The lack of a complete, comprehensive view of the risks these banks were facing — in particular, liquidity risk.

Allstate Canada's Chief Risk Officer Jason Wang has spent his career assessing and analyzing risk in the financial services space, dedicated to anticipating and mitigating risks just like the one that sank SVB. On this episode of GRC & Me, Jason joins LogicGate’s Chris Clarke to discuss the importance of building a holistic risk register, how to position risk management as a strategic enabler instead of a “revenue prevention” department, why it’s critical to include your chief risk officer on the executive team, and more.

Managing Risk on the Frontlines of the Financial Sector

When doing business with the federal government and its myriad agencies, organizations are bound to run into plenty of mandates, regulations, and other requirements. Navigating them all can cause a headache for even the most detail-oriented compliance managers. 

On this episode of GRC & Me, Chris Clarke is joined by Intel Federal’s Compliance Program Manager, John Griffin. Griffin draws on his decades of experience in federal contracting and working with government agencies at companies like Honeywell and Boeing to explore methods for better managing product development and performing diligence on third-party vendor relationships while operating under strict and stringent government standards and requirements. Plus, learn a few of Griffin’s more creative methods for determining how risky a particular organization might be to work with.

Staying in the Fed’s Favor: Navigating Government Contracts with Intel Federal

Oftentimes, cyber risk teams are viewed as reactive “audit police,” swooping into projects to flag risks and forcing changes at key points. This approach can generate a resentful — even toxic — risk culture. There’s a better way to build healthier risk cultures: Taking a more collaborative, embedded approach to cyber risk management by positioning cyber risk leaders as advisors and partners, working side-by-side with project teams from the start.

On this episode of GRC & Me, Chris Clarke is joined by GEICO's Former Head of Cybersecurity Risk and current Cyberpink Advisors Founder & Owner, Praj Prayag-Deb, to discuss how to shift your organization’s risk culture toward this new approach, her formula for building successful cyber risk programs from scratch, how leveraging the right technology makes it all possible, and why adopting a growth mindset is critical for every cyber risk leader.

Building Robust Risk Cultures Through Collaborative Cyber Risk Management

Cybersecurity programs involve lots of moving parts, and they only grow more complex over time as technology becomes more advanced and cyber threats become more numerous and sophisticated. Cyber risk quantification can be a crucial tool for keeping up with shifting cybersecurity landscapes.

On this episode of GRC & Me, Chris Clarke is joined by Protiviti’s Daniel Stone, Director, and Tim Kelly, Associate Director, to discuss how cyber risk quantification can lead to better risk decision-making, how to beat analysis paralysis when you’ve got reams of risk data in front of you, and the best ways to use risk quantification to reduce reactivity and improve communication across your organization.

Using Cyber Risk Quantification to Make the Right Risk Decisions

With information and cybersecurity incidents growing in frequency and severity, regulators in the European Union are hard at work devising new rules designed to incentivize organizations to harden their cyber defenses.

On this episode of GRC & Me, Megan Brown sits down with Wizz Air’s Andras Szabolcs, Cyber Risk Expert, and Peter Szigetvari, Operational Risk Expert, to break down the similarities and differences between two of these new European Union regulations — the Digital Operational Resilience Act, or DORA, and Network and Information Security Directive 2, or NIS2 — how they could affect nearly every company despite their official scope, and how organizations can prepare to comply with them using modern GRC technology.

Preparing for DORA, NIS2, and the New European Push for Cybersecurity

Listen as Regulatory Data Manager Mike Curl discusses how he flipped the traditional way of measuring compliance on its head, leading to happier employees, better decisions, and improved compliance.

You'll learn:
- The benefits of building dashboards from the bottom up
- How to get organizational buy-in when it comes to change management
- Mike's unique culinary approach to executive reporting

Positioning GRC as an Enabler with Integrated Data

Getting everyone on the same page about the risks your organization is facing is a crucial part of effectively managing organizational risk. Unfortunately, it’s also one of the hardest parts about effectively managing risk. Tune in to hear Dimitrios Stergiou, Director of Information Security at Wayflyer, explain how risk quantification and proper use of standard frameworks can help you build a common language for understanding risk across your organization, break down organizational silos, and get buy-in for your programs.

Highlights include:
- Why risk quantification is the "holy grailf" for communicating risk impact
- What frameworks to use to get everyone on the same page about risk management
- How to put it all into practice

Breaking Down Organizational Silos With a Common Risk Language

Listen as Andy Ruse, LogicGate’s President of Field Operations, sits down with Cooley’s Mike Santos, Director of Security and Information Governance, to discuss his five-layer maturity model for building effective GRC programs, the different things a risk practitioner has to consider in decision making, and his own recommendations for maturing any risk program.

The Five Layers of a Mature GRC Program

Properly measuring risk is the most important ingredient in effectively communicating risk, and communicating risk leads to a richer risk culture at your organization. Hear OKTA’s Director of Security Risk Management, Anthony Riley, discuss best practices for measuring and communicating risk.

Measurement as a Foundation for Communicating Risk

Hear LogicGate CEO Matt Kunkel and GRC expert Michael Rasmussen discuss the past, present, and future of GRC spending and take a deep dive into creating a business case for investing in GRC technology by proving its cost-saving impact.

Listen to discover how to:
- Build a business case for upgrading to the latest and greatest in GRC
- Communicate accountability to engage risk owners
- Engage frontline employees to protect the business effectively

Building the Business Case for Getting the Right GRC Technology

From the pandemic to inflation to increasing cyber attacks, volatility appears to be the new normal. That means business continuity plans have never been more important. It’s time for businesses across all industries to look for opportunities to improve their resilience. Listen as Jason Wang, Chief Risk Officer at Synergy Credit Union, explains how to enhance your business continuity plans during these uncertain times.

Topics include:
- The three phases of a business continuity plan and how to navigate them
- How to educate your employees to be resilient towards threats
- What leadership needs to do to create a risk aware culture throughout your organization

Enhancing Your Business Continuity Framework in a Volatile Environment

With prices increasing across the board, it's getting harder to avoid inflation risk and a potential recession. Hear John Hotchkiss, Fairway Independent Mortgage Company's Chief Risk Officer, discuss how inflation will affect the risk landscape and how best to prepare.

Highlights include:
- What and how to prepare for what's to come in the global economy
- The existential risks crucial for risk managers to understand and prepare for
- The true importance of a risk department

Prices are Rising. How to Prepare for Inflation Now & Later

Security and compliance isn’t just about checking boxes to avoid fines and penalties: Implementing a holistic GRC program can be a key factor in driving success for your business. James Bundy, Practice Director at Optiv, discusses how organizations can build or enhance GRC programs that meaningfully contribute to the business.

Hear how to:
- Assess and understand the value of risk management processes
- Approach GRC from a business-outcomes perspective
- Turn compliance requirements into business enablers

How To Build a Risk Practice

Making things easier and less paper-bound through digital technology is a top priority for many organizations, especially when it comes to their GRC initiatives. Listen as Proxis Founder and Managing Director Tina Chugani talks about the concept of process digitalization and trends that she is seeing within her region.

Highlights include:
- How process digitalization is driving efficiencies
- How to improve compliance and automate the ingestion of new regulations
- The benefits of working smarter with new infrastructure

Going Paperless and Improving GRC Processes

Crisis management is at the core of business resilience. Unfortunately, most organizations take a reactive approach when an incident occurs. But taking a proactive approach to head off crises or — even better — a preemptive approach that anticipates them and bakes resiliency into the business as a whole can have a big payoff. Hear how Howard Mannella, Senior Staff of Global Business Continuity and Security at Udemy stays ahead of risks by focusing on their impact and how organizations of all sizes can evolve their GRC programs.

Highlights include:
- The difference between reactive, proactive, and preemptive crisis management
- How organizations can preemptively improve business resilience
- Why you should focus on the impact, not the cause

The Risks We Cannot See

GRC & Me Podcast

In just a few months, artificial intelligence went from a fringe technology to full-speed ahead with the public release of ChatGPT. This fascinating technology has the potential to revolutionize how we automate our businesses, but there are numerous reasons to give pause before integrating it into your organization’s operations. On this episode of GRC & Me, Dorian Cougias, Co-Founder and CEO of United Compliance Framework and Chris Clarke sit down to discuss the risks and rewards of embracing AI-driven automation, corpora management, data ownership, and the necessity of double-checking everything generative AI spits out.

The Risks and Rewards of AI in Business Automation

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The Risks and Rewards of AI in Business Automation

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LogicGate