Security News > 2020 > January > Risk managers: Here are the must-have skills for 2020
Their article, Digital risk: Transforming risk management for the 2020s, focuses on how digitization can "Create real business value by improving efficiency and the quality of risk decisions." Furthermore, "a digitized risk function also provides better monitoring and control and more effective regulatory compliance."
Scott Matteson: Can you provide me with some insights into how the day-to-day activities of risk managers can do better? Matt Kunkel: Some day-to-day activities of risk managers that can always be improved is tracking, aggregating, mitigating, educating and reporting on the different risk vectors in an organization.
Matt Kunkel: Risk managers should ask themselves, "How can I use data from my compliance, incident, and risk tracking systems to make strategic bets to protect my organization?" As we forge ahead into a new decade, risks and their variety are increasing at an accelerating rate.
Meaning, risk managers need skills beyond purely technical skills.
Scott Matteson: What sort of training or education do you recommend for risk managers? Matt Kunkel: Risk managers should focus on leadership and communication skills development because the role is so cross-functional.