October 14, 2016 marked the first ever gathering of information security and operational risk professionals at FAIR Conference. Visionary leaders and market commentators at the conference shared powerful insights and discussed a range of topics ranging from the management of cyber risk from the business perspective, to the implementation of risk quantification programs and the lessons that come with it, to future industry trends. The conference was one we will remember for years to come for the quality of the speakers and of the content. There were a few standout moments that we are likely not to forget.
"It was a very impressive event. It’s a high standard for the future." commented Jeffrey Kutler, Editor in Chief, Global Association of Risk Professionals
Jack did it again...
Inspiring Panels
"The board is increasingly asking to understand the financial impact of our (cybersecurity) initiatives. Red, Yellow, Green is not cutting it anymore", said Jasper Ossentjuk, CISO at Transunion
"Critical thinking, business acumen, inherent drive, and then a background on security. All qualities for a new risk analyst." Evan Wheeler, VP Operational Risk at DTCC
Topical Case Studies
The case studies scored high marks in the surveys received after the conference, as the attendees found them very topical.
"The case studies were great ways to better understand FAIR and how it's being used.", commented Don McKweon from Logmein.
FAIR Awards
The 2016 FAIR Awards honored risk management leaders for their initiative, ingenuity and contributions to information and operational risk management. By enabling operational excellence and effective decision-making, they help achieve the balance required to successfully protect their organizations while seamlessly running the business.
Congratulations again to Chris Cooper, VP, Operational Risk and Chief Compliance Officer at Reinsurance Group of America (RGA) for winning the 2016 Business Innovator award and to Joel Baese, Sr. Risk Manager at Walmart for winning the FAIR Champion award. The FAIR community is fortunate to have such role models.
Invaluable Networking
One of the unique elements of our Conference was the level of networking and the openness with which the attendees shared their experiences and learnings with one another. Between each session and during the breaks, attendees were engaged in powerful conversations with one another.
"It was surreal to be in a room with so many people dealing with the same issues and challenges we face every day. I look forward to supporting and leaning-on peers as we work to improve our risk practices." shared Jonathan Beck, SVP-Director, Information Security Risk Management at PNC Bank.
These moments of networking provided some of the most valuable takeaways from the Conference and we were thrilled to see the level of engagement and interaction taking place throughout the day between the over 120 participants from organizations such as: ADP, Advisen, Alliance Data, AON, Bank of America, Bank of NC, Blue Cross Blue Shields, Cisco, Carnegie Mellon CERT, Deloitte, Fannie Mae, Fidelity Investments, Honeywell, Key Bank, Marsh, National Mortgage Insurance, PNC Bank, Synchrony Financial, TIAA, Transunion, Walmart and many others.
Resources from the FAIR Conference
If you haven't had the chance to attend the FAIR Conference or want to listen to some of the sessions again, keep an eye on our blog. We will be announcing the posting of resources in the member resources section of the FAIR Institute website over the next several weeks. If you are not a member of the FAIR Institute, consider joining now. Membership is free.