It’s Time to Retire the Risk Management Profession

Phishy Business

In this episode of Phishy Business, we discuss some important ways to think about and look at risk and how its more about making decisions than assessing threats.

Our special guest is Stefan Gershater, Director of Risk at Burberry. Stefan is a risk management expert, a biochemist, and a navy veteran. Stefan says that as a risk expert, he tries to make sense of uncertainty, which means he thinks a lot about how everyday decisions impact people and organizations. Stefan feels that when defining “risk”, it should be disassociated from the word “threat”, and simply be about making better decisions to improve outcomes.

In ‘It’s Time to Retire the Risk Management Profession’, we discuss:

• How being in the royal navy shaped Stefan’s understanding of risk
• The difference between risk in the navy and risk in a corporate setting
• Why Stefan thinks the risk management profession should be retired
• The importance of data in risk assessment
• How to communicate risk to stakeholders
• Mental health in the workplace

About Phishy Business

Fed up with the same old cybersecurity stories? Come with us on a journey that explores the lesser-known side. Whether it’s social engineering, taking criminals to court or the journalists hunting down hackers — our new podcast series, Phishy Business, looks for new ways to think about cybersecurity. Mimecast’s very own Brian Pinnock and Alice Jeffery are joined by guests from a range of unique security specialisms. Each episode explores tales of risk, reward and just a dash of ridiculousness to learn how we can all improve in the fight to stay safe. For more tales of risk, reward and ridiculousness, subscribe to Phishy Business on iTunes, Spotify, Anchor or wherever you get your podcasts.

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