This Week’s Gartner Summit and the Next Phase of Integrated Risk Management

June 17, 2019  Jeff B. Copeland

We’re looking forward to The Gartner Security & Risk Management Summit 2019 this week at National Harbor, MD, for the latest thinking from the influential consulting group on risk, resilience and Integrated Risk Management (IRM), the movement to free infosecurity from tech-centric practices and align cyber with business processes and objectives.

A year ago, Gartner named risk quantification as one of the five critical capabilities for IRM. As Gartner’s lead analyst for IRM, John A. Wheeler, explained in a blog post,“Top IRM technology solutions deliver two success factors –  balance and  alignment– to customers seeking to add value to the business.”

  • Balance in enabling six use cases (digital risk management, vendor risk management, business continuity management, audit management, corporate compliance and oversight, enterprise legal management).
  • Alignment with five critical capabilities: risk control and documentation, incident management, risk mitigation planning, key risk indicator monitoring, risk quantification and analytics.

As the only risk analytics platform built on the standard FAIR model for cyber risk quantification and as an advocate of communicating cyber risk in business terms, RiskLens is right in line with the IRM movement — indeed, the platform is integrated with three of the vendors named by Gartner to its IRM Magic Quadrant ( RSA, Galvanize/Rsam and ServiceNow).

Wheeler will give the keynote address on “Why IRM Needs Risk Quantification” at the FAIR Institute’s 2019 FAIR Conference. RiskLens is the technical adviser to the Institute. The FAIR Institute is hosting a  breakfast for Gartner Summit attendees, Tuesday, June 18, at 7:30 AM.

The 2019 Gartner Summit will feature an abundance of talks by Gartner analysts on the challenges and opportunities of changing the culture of cyber risk management toward business alignment.

Check out these sessions at Gartner Security & Risk Management Summit 2019 - we’ll see you there.

MONDAY, JUNE 17, 2019 / 10:30 AM - 11:15 AM

Rethink Risk Assessments for the Digital Future

MONDAY, JUNE 17, 2019 / 02:15 PM - 03:00 PM

Creating a Culture That Is Ready for Risk

MONDAY, JUNE 17, 2019 / 04:15 PM - 05:00 PM

Outlook for Risk: Technology, Information and Resilience 2019

MONDAY, JUNE 17, 2019 / 05:15 PM - 05:45 PM

A Successful Data Security Strategy Needs a Financial Risk Assessment

TUESDAY, JUNE 18, 2019 / 09:45 AM - 10:30 AM

Crossfire: Which Works Better — Quantitative or Qualitative Risk Assessment

TUESDAY, JUNE 18, 2019 / 11:45 AM - 12:15 PM

Extinction or Evolution? The Risk Management Process in the Digital Era

THURSDAY, JUNE 20, 2019 / 10:45 AM - 11:30 AM

A ContinuousNext Organization Requires Risk-Aware Culture to Succeed

THURSDAY, JUNE 20, 2019 / 11:45 AM - 12:15 PM

A Practical Guide to Creating a Useful Cybersecurity Risk Appetite Statement