MetricStream, a global provider of integrated risk management (IRM) and governance, risk, and compliance (GRC), will speak and exhibit at the 3rd Cybersecurity Innovation Series (CSIS) in Dubai on September 6 and 7, 2022, demonstrating how business leaders can protect their organizations from cyber risk proactively.
Sudeep Chatterjee, MetricStream’s General Manager for the Middle East and India, will speak about the importance of establishing a 360-degree IT and cyber risk management process. He will discuss current trends in cyber risk management, as well as how modern technologies and an integrated approach enable organizations to manage risk more proactively and turn risk into a strategic advantage. Sudeep will present key insights gleaned from thousands of customer implementations across a wide range of highly regulated industries.
“Most organizations are challenged by managing risk in a siloed approach that commonly ignores the overall implications of risk. This is a result of not leveraging technology that clearly demonstrates the potential loss of a single cyber incident across many vectors – regulatory fines, brand damage, financial implications, to name a few,” said Sudeep Chatterjee, General Manager, Middle East, and India, MetricStream. “The key to effective risk mitigation is to stop playing defense. This means integrating various elements of governance, risk, compliance, and IT into a unified strategy.”
On the first day, the MetricStream team will also lead a Focused Round Table session titled “Top Challenges in Cyber Risk Management and Current Best Practices.” The session will highlight customer success stories from the energy, insurance, manufacturing, banking, and financial industries, as well as how they have benefited from MetricStream’s cutting-edge platform. The discussion will also cover the new challenges that cyber risk professionals are facing today.
Organizations have been caught off guard by today’s rapid digitization and the increase in sophistication and volume of cyber incidents, and they can no longer rely on a reactive approach to risk management. Furthermore, ensuring compliance with industry frameworks and government mandates has become more difficult. Most organizations in the UAE still practice siloed and reactive risk management. Understanding the interconnectedness of risk is critical, as is pursuing a more strategic method of monitoring, reporting, and responding.
