S2E3: How Integrated Risk Management Helps Companies Succeed in the Digital Age
In the latest episode of The Risk Wheelhouse, hosts Ori Wellington and Sam Jones explore the critical role of Integrated Risk Management (IRM) in helping businesses navigate today’s complex risk landscape. Using real-world examples, like General Motors’ Smart Driver program, the episode demonstrates how IRM addresses challenges such as data privacy concerns, regulatory compliance, and third-party vulnerabilities.
Key highlights include:
Proactive Risk Management: Conduct thorough risk assessments to identify and mitigate issues before they escalate.
Enhanced Vendor Oversight: Ensure third-party partners uphold strict security and compliance standards to avoid weak links.
Regulatory Alignment: Stay ahead of evolving global regulations like GDPR, CCPA, and Europe’s DORA (Digital Operational Resilience Act).
Transparency and Accountability: Build consumer trust by clearly communicating how data is collected and used.
The conversation goes beyond corporate strategies, illustrating how IRM principles can help individuals proactively manage personal risks like cybersecurity and financial planning.
🎧 Listen now on Apple Podcasts, Spotify, or Amazon Music. For more insights, visit The RiskTech Journal and connect with Wheelhouse Advisors on LinkedIn and X. IRM isn’t just about risk mitigation—it’s a strategic framework for fostering innovation, resilience, and trust in an increasingly interconnected world.
