General
Speed interview with Tiago Dias, Cyber Risk Consultant for Europe, Middle East and Africa, FM Global
Tiago Dias, Cyber Risk Consultant for Europe, Middle East and Africa, FM Global
Why participating at a European risk management event is important for you?
Attending Risk Management events like the FERMA Forum allows me to get latest updates from experts, meaning I can remain up to date with the latest topics and trends, whilst meeting likeminded people and industry peers. In the business context, risk is part of every activity. In many cases it can be predicted, based on experience and process management, which should help with decision making. The word « risk » refers to the possibility of something going wrong. But the current concept relates it to a future event that can be identified and associated with a probability of occurrence. It concerns both losses and gains relative to the course of planned events. With globalization, the business environment has become more dynamic and competitive. Governments created stricter rules to balance the functioning of the market and society began to demand greater transparency of information and corporate accountability. These types of events, in particular FERMA’s events, provide different points of view based on the combination of experience from different industries, scientific communities and corporate businesses. The panel discussions can reveal new trends, concerns and events, driving new thinking towards risk improvement.
What does “Aim for the future” means to you?
“Aim for the future” to me is part of a continuous improvement approach, “As-Is” sophistication, while setting expectations, achieving goals and objectives, defining responsibilities, but also integrating the past constructively. It is essential that organizations don’t focus purely and simply in their present reality and that they remain driven to achieve ambitious targets.
You will be presenting at the “Don’t let a supply chain open the door to cybercriminal” workshop during the Forum, what would you like the audience to remember after your intervention?
Supply chain risk management amongst companies can vary greatly. Especially in Cyber Security, the domain that I am most comfortable with. Knowing a company‘s current business status and goals will help determine each client’s supply chain complexity and risk management agendas, so that you can develop an appropriate action plan and strategy to move forward. Major key messages:
- Due Diligence upfront – Know about your suppliers’ capabilities
- Process of evaluating suppliers and considering important factors upfront, allowing evaluation of risks and mitigation measures.
- Leverage to get risk improvement practices established and followed
- Importance of planning for possible upsets in your business during an unexpected event occurring, raise preparedness level is much more mature
- Loss prevention as part of organization’s culture
- Will your suppliers be there tomorrow? Sustainable financial aspects of suppliers