No one can accurately describe what will happen in the future. That doesn’t mean we can’t reasonably anticipate negative events and their outcomes and provide for practical approaches to responding or preventing damage caused by them.
That’s what risk management is, a proactive planning process for anticipating negative events and providing plans for managing those possibilities. Enterprises need a framework for analyzing risk and developing sound treatment plans in response to their realization.
This presentation will guide the listener through the basic understanding of a risk framework and how they are constructed.
Peter C. Tessin, MSA, CISA, CISM, CRISC, CGEITSr. Manager
Discover Financial Services
At Discover Financial Services, Tessin leads the governance group within Business Technology (BT) Risk. He is responsible for ensuring policy, standards and procedures align with corporate objectives and is an internal governance and risk expert resource. He is responsible for BT Risk regulatory exam management, and is the risk liaison to Risk Management, Cyber and Information Security.
In past roles, Tessin was the project manager for COBIT 5 and led the development of other COBIT 5-related publications, white papers, articles and COBIT Online.
Prior to IASCA, Tessin was a senior manager at an audit firm, where he led IT and financial audits in many countries including US, Canada, Mexico, Germany, Italy, France, UK and Australia.