Operational Risk Management - Identifying and Managing Risks Associated with Business Operations
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Speaker : Kevin R. Thompson
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When : Tuesday, April 08, 2025
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Time : 12 : 00 PM EST
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Kevin R. Thompson is an experienced GRC (Governance, Risk Management, and Compliance) and HITRUST Consulting Specialist with over a decade of expertise in enhancing organizations' cybersecurity and compliance frameworks. With certifications including CCSFP (Certified HITRUST CSF Practitioner) and CHSPA (Certified HIPAA Security Professional), Kevin has a proven track record of leading high-impact projects across various regulatory landscapes such as HIPAA, SOC, FEDRAMP, PCI, GDPR, and NIST.
Kevin's career spans roles as a vCISO Support Manager at Sunstone Secure, where he directed comprehensive cybersecurity initiatives, and as a GRC/HITRUST Manager at Cognizant, where he oversaw HITRUST certification and compliance projects. His proficiency in leveraging AI tools like Google Gemini and ChatGPT has empowered him to craft robust policies, training materials, and KPI presentations that align regulatory requirements with business objectives.
With strong skills in risk management, policy development, and audit processes, Kevin brings a wealth of experience in corporate governance, incident response, and data privacy. His deep understanding of cybersecurity frameworks, combined with his ability to drive operational efficiency and mitigate risks, makes him an expert in delivering impactful training and consultancy in governance and compliance.
Certifications:
- Certified HITRUST CSF Practitioner (CCSFP)
- Certified HIPAA Security Professional Accelerated (CHSPA)
Core Competencies:
- Regulatory Compliance & Risk Management
- Cybersecurity and Data Privacy
- Policy Development & Corporate Governance
- Incident Response & Audit Processes
Operational risk management (ORM) involves the identification, assessment, and mitigation of risks that can impact an organization’s day-to-day operations. These risks include anything from internal process failures, system breakdowns, and human errors to external threats like cyberattacks or natural disasters. ORM frameworks, such as COSO, ISO 31000, and Risk Control Self-Assessment (RCSA), provide structured approaches to managing these risks, ensuring operational resilience, regulatory compliance, and continuity. The goal of ORM is to minimize disruptions, optimize processes, and safeguard the organization's resources while aligning with broader business and governance objectives.
Areas Covered
- Introduction to Operational Risk Management (ORM)
- Risk Identification
- Risk Assessment and Analysis
- Risk Mitigation Strategies
- Regulatory Compliance and Governance
Who Should Attend
- IT Professional
- Stakeholders
- CIO
- CEO
Why Should You Attend
Attending operational risk management training equips professionals with the tools to identify, assess, and mitigate risks that can disrupt business operations. Participants will learn to apply key frameworks like COSO and ISO 31000, enhancing decision-making and ensuring regulatory compliance. This training fosters a proactive approach to risk management, safeguarding business continuity, and driving operational efficiency. It is essential for those seeking to strengthen their organization’s resilience, improve risk response, and support long-term success while minimizing disruptions and enhancing accountability.
Topic Background
Operational risk management frameworks help organizations align their operations with business goals, manage risks effectively, and ensure regulatory compliance. Frameworks such as COSO, ISO 31000, and RCSA provide guidelines for identifying, assessing, and mitigating operational risks while promoting accountability. By applying these frameworks, organizations can optimize their risk management processes, enhance decision-making, and safeguard business continuity, supporting overall corporate governance and performance goals.
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$160.00
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