Welcome to the latest episode of the Zero Hour podcast and your host today is Karla Reffold. Today, we are joined by Michael Faber. Michael has been in business continuity, crisis management and operational risk since the early 90s. He has worked in financial services his entire career working at organisations like Norwich Union, JP Morgan, Schroders and TP ICAP. He is the past chairman of BSI committee responsible for the development of the first British Standard in Governance and the former vice-chairman of the European Institute of Governance Awards and the Institute of Operational Risk.

Key Minutes

5:15 - New business as usual

11:50 - Business continuity with cybersecurity

19:20 - Budgets in business continuity planning

24:20 - Can we produce revenue from business continuity?

29:00 - The risks that we need to manage

31:45 - How will the financial services market move forwards from here?

36:50 - Brand reputation internally and externally

45:00 - Ten Quick Fire Questions

Key Messages

Bridging the gap of knowledge and language between the business and the cybersecurity and risk lines are crucial.

Risk has two words inside it - threat and opportunity. We need to turn the word risk into the positive.

We need to map end to end process of the services we provide, and make sure we manage the risk and impact to the customer.

You can find Michael at:

LinkedIn: https://www.linkedin.com/in/michaeljfaber/?locale=de_DE

Follow us:
Twitter: @zero_hourpod
Instagram: @zerohourexperience
Website: www.beechermadden.com

This podcast is sponsored by:
BeecherMadden - www.beechermadden.com
Cyber Security Professionals - www.cybersecurity-professionals.com