2022: The Year in Risk (Part 1)
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Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
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RIMS\\u2019s flagship publication, Risk Management Magazine, just released its 2022 edition of its Year in Risk! Joining Justin Smulison today to take a look back on 2022 are the RIMS publication team leaders, Morgan O\\u2019Rourke and Hilary Tuttle.
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Responsible for the editorial direction of this award-winning publication, Morgan and Hilary discuss the process that went behind the \\u201cYear in Risk\\u201d issue, highlight the risk trends that have stood out to them, and the 2022 standout stories in cyber and ransomware. They discuss the trends they think are likely to permeate into 2023 and what they specifically look for when it comes to article submissions for Risk Management Magazine.
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Key Takeaways:
[:01] About the RIMS Membership.
[:14] Registration for RISKWORLD 2023 is now open!
[:34] About RIMScast.
[:46] About today\\u2019s episode.
[:57] All about upcoming RIMS webinars, workshops, events, and more!
[2:08] Justin revisits an interview with Fred Karlinksy on his upcoming webinar and how cyber and risk management trends overlapped in 2022.
[10:09] Justin thanks Fred for joining RIMScast and shares where to find Fred\\u2019s Jan. 5th webinar.
[10:39] Justin introduces and welcomes Morgan O\\u2019Rourke and Hilary Tuttle to RIMScast!
[11:26] Hilary and Morgan share about their roles at RIMS and the responsibilities that they oversee.
[13:16] Hilary speaks on the topics that they cover in Risk Management Magazine.
[13:43] Has Hilary always had a particular interest in cyber risk? What kickstarted this particular interest?
[14:27] Hilary\\u2019s experiences at various conventions that address risk.
[15:24] How Hilary finds the balance in addressing cyber risk and finding the risk management angle to ensure that the information published is actionable and applicable for risk managers.
[16:46] Standout cyber and ransomware stories from 2022.
[19:10] Are there companies (or agencies) that are adequately prepared for ransomware attacks that other organizations should emulate?
[20:37] The timeframe and process that went into the creation of The Year in Risk issue.
[21:51] Hilary and Morgan explain the criteria they used to determine what to include (and disclude) in \\u201cYear in Risk.\\u201d
[25:47] Comparing risk trends from the beginning of their careers vs. 2022.
[28:02] About the recent ASBPE awards Morgan and Hilary have been awarded.
[29:41] What do Morgan and Hilary look for in regard to submissions for RMM?
[31:48] Justin thanks Morgan and Hilary for joining the podcast and shares some links to check in today\\u2019s show notes.
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Mentioned in this Episode:
RISKWORLD 2023 \\u2014 April 30\\u2012May 3 in Atlanta, Georgia! Public registration is now open!
Risk Management Magazine \\u2014 Year In Risk 2022
Contribute to Risk Management Magazine
American Society of Business Publication Editors (ASBPE)
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Related RIMScast Episodes:
\\u201cLive from the RIMS ERM Conference 2022\\u201d
\\u201cTravel Risk Management for the 2022 Holidays with Dr. Adrian Hyzler\\u201d
\\u201c2022 Midyear Risk Review with RIMS Publications Director Morgan O\\u2019Rourke\\u201d
\\u201cIntroducing RIMS CEO Gary LaBranche\\u201d
\\u201cEmerging Risks and Board Reporting with Suzanne Christensen\\u201d
Upcoming Webinars:
RIMS External Affairs Presents: \\u201cHow Cyber Insurance is Shaping the Insurance Industry\\u201d | Jan. 5, 2023
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\\u201cWhat to Expect from Cyber Insurance in 2023 and Beyond\\u201d | Sponsored by Telos | Jan. 24, 2023
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Fundamentals of Insurance | January 25\\u201226, 2023 | 9:00 am\\u20124:30 pm ET
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Follow up with Our Guests:
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Hilary Tuttle\\u2019s LinkedIn
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Tweetables (For Social Media Use):
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\\u201cWorking in risk management, the general theme has been: we write a lot about a lot \\u2014 so pretty much any topic within the corporate and enterprise wheelhouse. But cyber has become a particular area of specialty and interest for me.\\u201d \\u2014 Hilary Tuttle
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\\u201cI think it\\u2019s really important to understand risks and what is emerging. I think it\\u2019s important to have a high-level perspective of what your organization is going to see and that you might need to answer questions about.\\u201d \\u2014 Hilary Tuttle
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\\u201cThe amount that a risk manager can do is sometimes kind of limited. And so, trying to limit some of the coverage to what is actionable and what is relevant to the specific audience is really where we draw that line [with Risk Management Magazine].\\u201d \\u2014 Hilary Tuttle
\\u201cAs ERM concepts \\u2026 start becoming more standard, I think it expands both what risk managers have to do and, in turn, what we have to cover [in Risk Management Magazine.] Hilary used the word \\u2018more,\\u2019 and I think \\u2018more\\u2019 really is the defining trait of 2022.\\u201d \\u2014 Morgan O\\u2019Rourke