Deciphering Risk Management and Compliance with Michael Magyar

the Tea on Cybersecurity

Hear what risk management is, how it differs from crisis management, and what considerations fall under each to maintain compliance.

“Not only do we need to understand what risks might exist, but we need to understand what impact that might have. That goes into both the chance that they're going to happen and the chance that they're going to be successful in creating damage, and then also the likely damage that's going to happen from them.” - Michael Magyar

This episode serves as a comprehensive guide for listeners looking to gain a better understanding of risk management, compliance, and general cybersecurity practices. Michael encourages a proactive approach to risk assessment and management to enhance organizational cybersecurity with actionable advice.

What you’re learn:

  • Why risk management is proactive and crisis management is reactive, and how to approach both from a preparation standpoint.

  • What components of risk management realistically fall under compliance, and why understanding this helps you mitigate potential risk.

  • How to start small with risk assessment to identify possible risks and how they might impact your business to build a foundation for effective risk management and cybersecurity practices.

The Tea on Cybersecurity

Cybersecurity—a word we hear all the time. Show of hands for those that actually understand what it means.

The Tea on Cybersecurity is here to help educate the newbs on what cybersecurity is, why it is important, and everything in between. The Tea on Cybersecurity is for everyone, but especially those small and medium-sized businesses that are starting their journey in building a cyber risk management program. Each show is about 15 minutes long to deliver you with the facts and less fluff.