[Podcast] Explores the key areas boards need to consider whether that be re-evaluating their businesses in the region or managing the new risks faced by a global economy already struggling with inflation and supply chain disruption.

Risk management has a reputation for caution and deliberation, but not moving fast enough can be a risk in itself. The new space race taking place between Elon Musk and Jeff Bezos provides Stephen with the illustration for this point. The two American billionaires are markedly different in the way they approach risk, both offering lessons for enterprise risk managers across sectors.

Part of the Airmic EXPLAINED series of guides, this guide provides an introduction to the concept of risk appetite and addresses the myths, and the links with culture, maturity and sustainability. Defining and implementing risk appetite (often also referred to as a risk attitude) is a strategic activity that involves the Board and top management, as it must be aligned with strategic objectives, and requires consensus and engagement from the organisation’s leadership. This guide is essential reading for those new to the risk management profession, or for those who find themselves with a responsibility for risk management as part of a wider role.

Ours is proving to be the century of cyber insecurity, yet few organizations have made sufficient progress in protecting information assets.