Global Risk Management Day 2022 | Copenhagen Compliance | 9 March 2022 | Online

Supplement the traditional approach to understand business risks. We will demonstrate business cases on how resilient risk perspectives manage legal, regulatory, and Reputational Risks related to Cyber incidents, Business Interruption, Pandemic, Climate Change, Market Developments, and shortage of Skilled Workforce.

We define how shortcomings in the ability to anticipate, both during design and during the response to the business risks, can lay the grounds for the unfortunate outcomes:
• Why formal risk assessments, trust established methods and models more than they should.
• Established processes and models have become accepted in practice because they offer an acceptable trade-off between thoroughness and efficiency.
• How to test and analyse the identification of business risks that are ‘necessary’ (without being costly in time or resources).

Some of the business risks that catch us off guard are overconfident or traditional analysis methods. The possible reasons are:
• We have analysed the potential risks.
• We have built the installation system: the procedure process following the recommendations.
• We have operated safely for n years – whatever n is. However, this reasoning is misleading because the absence of a failure does not prove that the precautions were correct or even sufficient.

Risk Protection Is Not the Freedom from Unacceptable Risks
Resilient and agile risk management advocates a constant sense of unease. Therefore, we should be mindful of what we do to counteract the overconfidence that is a side effect of the relative safety of any risk scenario.

Resilient risk management provides;
• a way to identify the capabilities that a complex corporate socio-technical system must have to perform acceptably in everyday situations and during accidents.
• A contrast to the classical risk assessment method, classical risk assessment methods such as PRA (Probability Risk Assessment) by showing how things can go right and what is needed for this to happen, rather than just demonstrating how things can go wrong
• the ability to succeed during expected and unexpected conditions alike.

We describe the risks as a holistic system and understand how the various functions are coupled and depend on each other. Large-scale corporate socio-technical systems, including IT systems and installations, have become rather complicated that they seriously challenge established corporate risk management methods. While resilience risk management may not provide all-ready-made answers to the new problems, it does help us see them more clearly, and give the basic principles from which sustainable solutions can be developed.

We will provide guidance and showcase the best research, experiences, and risk applications across the following topics:
• Consistency analysis of corporate systems and assets
• Understanding high impact low probability corporate events for Risk appetite
• Control and optimisation of uncertain corporate processes and systems
• Planning future corporate performance and sustainability and IT systems under insecure times
• Modelling and quantifying uncertainty incorporate processes and systems
• Communicating risk to corporate stakeholders, management, and employees

Who Should Attend?
• Non-Executive Directors
• Board Members
• Members of the Board Committee
• CEO, CFO, CxO
• Governance, Risk and Compliance Officers and Managers
• CISO, CIOs/CTOs, Chief security officers
• Information Security Managers
• IT directors and managers
• Analysts, Auditors
• IT Governance, Risk and Compliance Managers
• Programers, Documenters and Testers.

The events will also be of interest to specific Data Privacy, Data Protection, IT- and Cybersecurity professionals:

Who Should Attend?
• DPOs, CIOs/CTOs
• Internal Audit Managers and Staff
• CISO
• IT Security Officers
• Information Security Managers
• IT Directors and Managers
• IT Analysts/IT Auditors

The events are also designed for:
• IT and Data Consultants and project managers involved in data protection, information security or cybersecurity issues
• IT and Data Consultants and project managers that participate in projects.
• Individuals with some IT experience who want to qualify on GDPR issues.

2022 Speakers

Michael Kuckein
Head of Ethics, Risk and Compliance, Sandoz

Lady Olga Maitland
Chairman, Copenhagen Compliance UK Ltd.

Pierre Lauquin
Risk & Business Continuity Manager, Centrale de compensation CdC

Suraj Anvekar
Head of Enterprise Risk Management at A.P. Moller - Maersk

Marleen Oberheide
Sales Engineering Lead EMEA, ESG & Ethics at OneTrust

Prof. Hernan Huwyler, CPA, MBA,
Universidad Internacional de La Rioja, Danske Bank

Colin Coulson-Thomas
Business leader I Transformation I Operational Improvement I Digitalization I Risk Management I Governance I Compliance

Josef Oehmen
Associate Professor, Engineering Systems Design & DTU RiskLab

Emmanuel Fragnière
Director of the CAS HES-SO - Treasury Management, University of Applied Sciences and Arts, Valais, Switzerland

Kersi F. porbunderwala
Secretary-General, Copenhagen Compliance

Wajahat Raja
Auditor, Digital Transformation, Cyber Security, Payment Services

2022 Partners

PLATINUM PARTNER:
• OneTrust GRC

PARTNERS:
• E-Compliance Academy
• Information Security Institute