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Risk is Our Business

Risk is Our Business

By: Michael Rasmussen
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Welcome to Risk Is Our Business, where we explore the principles of Governance, Risk Management, and Compliance — to reliably achieving objectives, navigating uncertainty, and act with integrity.

Here, we follow the Prime Directive of Risk Management: No decision or strategy moves forward without understanding its impact on our objectives, our resilience, and our values. Because risk isn’t the enemy, it’s the mission.

After all, risk is our business.

Join us as we go boldly into the world of GRC.Copyright 2025 All rights reserved.
Economics
Episodes
  • Heatmaps, Histograms and Star Charts: Quantifying Risk with Tony Martin-Vegue
    Aug 25 2025

    In this star-mapping episode of Risk Is Our Business, Captain Michael Rasmussen beams aboard Tony Martin-Vegue, risk consultant, advisor, and author of the upcoming book Heatmaps to Histograms: A Practical Guide to Cyber Risk Quantification. With 25 years navigating the galaxy of cyber risk, Tony has guided enterprises from the gravitational pull of checklists and color-coded charts into the warp lanes of defensible, quantitative analysis.

    Their journey begins with the dark matter of bad risk management: programs designed to placate auditors, check boxes, or reassure customers without truly informing decisions. From there, they plot a course toward what good risk management looks like—proactive, integrated, and tied directly to organizational objectives. Tony traces the lineage of risk management back to the late 1600s, when probability theory first emerged, showing how centuries of thinking have led us to today’s crossroads.

    The conversation dives into heatmaps, when they can still provide navigational value, and when they collapse under the weight of oversimplification. From there, they move to the promise of histograms, simulations, and CRQ models that help businesses not only understand thresholds and acceptable levels of risk, but also chart their path with clarity and confidence.

    For CISOs, CROs, and risk leaders, this episode is both history lesson and star chart, a reminder that risk management isn’t about artifacts to prove you exist, but about enabling the mission. If your current program is orbiting in circles, this is the transmission that will help you break free, align your coordinates, and accelerate to warp speed.

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    31 mins
  • Warp Drives and Risk Horizons: Building Intelligent Resilience with Hardik Mehta
    Aug 18 2025

    In this mission-critical episode of Risk Is Our Business, host Michael Rasmussen opens the comms with Hardik Mehta, Global Head of Risk and Regulatory Compliance at JPMorgan Chase. With two decades of experience across Uber, Microsoft, and global advisory firms, Hardik has charted risk programs that span continents, cloud migrations, and regulatory galaxies.

    Their conversation starts with what keeps him up at night: the turbulence of geopolitical risk, ever-changing regulations, data security challenges, and the inertia of legacy platforms slowing cloud adoption. From there, they examine what bad risk management looks like (siloed programs cut off from strategy) versus what good risk management should deliver (i.e., integrated, technology-enabled frameworks that guide the enterprise toward its objectives).

    Resilience comes to the forefront as Hardik explains how he weaves it into risk strategy, not as an afterthought but as a forward-facing capability. He emphasizes the need for both left-brain precision in quantification and right-brain imagination in creative foresight, a duality essential for navigating uncertainty. The discussion explores the technologies enabling better risk programs today, the role of risk intelligence in scanning horizons, and how AI is reshaping the future of risk management.

    For boards, CROs, and risk leaders, this episode is a navigational chart for transforming risk into resilience, and for steering your enterprise at warp speed toward intelligent, mission-aligned futures.

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    35 mins
  • Stellar Coordinates and Prime Directives: Charting the CISO’s Course with Todd Fitzgerald
    Aug 11 2025

    In this galaxy-spanning episode of Risk Is Our Business, Captain Michael Rasmussen beams aboard Todd Fitzgerald, former Fortune 500 CISO, cybersecurity hall-of-famer, and #1 best-selling author of CISO Compass. With over 25 years navigating the outer reaches of information security, Todd has seen the CISO role evolve from the days of dial-up to today’s warp-speed threat environment.

    Their mission is to chart the vast and sometimes confusing constellation of terminology in our sector, from information security, to cybersecurity, to digital risk, cyber risk, and beyond, and explore why these distinctions matter when steering an enterprise through uncertainty. They trace the history of the CISO from its 1990s origins to its current form as a strategic officer on the bridge, responsible not just for defense but for enabling the business to boldly go toward its objectives.

    From cyber risk quantification done right (and how to make it more than a numbers game) to managing the digital supply chain and interconnected risk, Todd offers a star map of practical strategies. He tackles the long-standing perception of security as the “department of no” and reframes it as a mission-critical enabler, helping organizations comprehend what’s an acceptable risk and navigate toward opportunity without drifting into a black hole.

    For any security leader, risk officer, or governance professional, this episode is a tricorder reading of where we’ve been, where we’re headed, and how to ensure your cybersecurity program is aligned with the Prime Directive: enabling the mission.

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    25 mins
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