Mercury Risk and Compliance, Inc.

The "CIO Priorities 2024 Report" by Infotech Research highlights the increasing focus on AI within organizational strategies. Among the top 5 priorities outlined, two are related to AI integration, with an additional emphasis on Third Party Risk management. The report specifically addresses the importance of incorporating generative AI capabilities into business processes efficiently, whether through internal development or external procurement. Additionally, a key challenge identified is establishing AI governance that strikes the right balance between fostering innovation and aligning with existing risk management frameworks. Navigating the complexities of "Right-sizing AI Governance" poses a significant hurdle, especially when the trade-offs between risk and business outcomes are not clearly defined. Exciting news from Mercury! The launch of our AURORA product and model enables organizations to assess their risk exposure in near-real-time concerning current and future AI implementations. To learn more, visit: https://lnkd.in/gQyM7tNn For a complimentary consultation tailored to your specific requirements, schedule a meeting here: https://lnkd.in/gXRmXBH7 To see the original report, click here: https://lnkd.in/gZYHQQT4 #AI #crq #ciso #cio #riskmanagement

https://lnkd.in/gQBWZ-tV In case you missed it, check out this episode on #NextGenCalls and the discussion led by Devon Jones. Next Gen Calls: "In this episode, we welcome Gavin Anthony Grounds, CEO and co-founder of Mercury Risk and Compliance, Inc., to share his expertise in risk management, innovation, and business strategy. Gavin's journey spans multiple continents and industries, from technology and cybersecurity to executive roles at Meta, Verizon, DXC, and HP. He explains how his diverse experiences shaped his approach to managing risk and navigating rapid change in the digital age. We start by discussing Gavin's unique perspective on balancing passion with practicality. He reveals how his love for music has complemented his business endeavors and how embracing both creativity and logic has driven his success. He shares insights on the parallels between music and business, where both art and science meet to create meaningful outcomes. Gavin delves into the challenges of risk management, emphasizing the importance of resilience, curiosity, and adaptability. He discusses how risk should not always be reduced but managed for optimal returns, comparing this to risk management in other areas like credit and technology. His thoughts on risk versus reward challenge conventional approaches to cybersecurity, suggesting that finding the right balance can lead to innovation and growth. We also explore the role of metrics in shaping behavior within teams and organizations. Gavin critiques the traditional models of performance management and highlights how they often incentivize mediocrity instead of innovation. He offers alternative strategies for leaders to foster environments where calculated risk-taking is encouraged, and failure is seen as an opportunity for learning and growth. In the second half, we dive into the future of technology and AI in business. Gavin talks about the current landscape of AI, its potential to transform industries, and the fear surrounding its adoption. He argues for a more pragmatic approach, emphasizing the need to embrace AI while maintaining ethical standards and privacy considerations. Finally, Gavin shares actionable advice for leaders and entrepreneurs on building effective teams, setting clear expectations, and managing risk to achieve business goals. He stresses the importance of communication in managing expectations and ensuring alignment within teams. To reach Gavin Grounds, connect with him on LinkedIn at https://lnkd.in/gnreqxND. For marketing needs, visit nextgengrowth.com " YouTube: https://lnkd.in/gQBWZ-tV Spotify: https://lnkd.in/gRPvHERf Apple Podcasts: https://lnkd.in/gSk8bwq8 #riskmanagement #resilience #leadership #crq #AI #ciso

We are thrilled to announce that Srinivasa Radhakrishnan ("Srini") has joined our executive leadership team here at Mercury as our Vice President and Senior Revenue Officer. Based in British Columbia, Canada, Srini is a dynamic business leader with more than 15 years of broad experience in technology, security, and GRC business development, and front-line management. Srini has an amazing track record of driving growth, leading complex deals, driving "win-win" outcomes for customers and company alike, and fostering cross-functional collaboration. His expertise and commitment to innovation, honed through his tenure at industry leaders like Xerox and IBM, along with his expertise in driving business growth for two security / tech startups... well, what more can we say? - it's pretty clear why we're thrilled top have him join us to drive success for our clients, stakeholders and our Mercury family. WELCOME SRINI!

What does a full week look like for the executive team at Mercury? For our co-founders, Grace Beason and Gavin Anthony Grounds , it actually started at the end of last week with business in New York, then… Sunday morning: A 10 mile race through the streets of Brooklyn, for the New Balance Bronx 10 Mile, with New York Road Runners and charity for children. Sunday afternoon: Business lunch in Manhattan. Sunday night: Flight to London, UK. Monday Morning: Day 1 of the Gartner Security and Risk Management Summit. Excellent start. After the summit, it’ll be a briefed stop for business meetings in Dublin before X-Atlantic flights home on Friday. Just a little bit of energy here at Mercury! Their calendars are almost fully blocked, but they do have one or two openings still available, so reach out if you’re at the conference this week or in Dublin and would like to connect on your cyber security, risk management and GRC journeys. https://lnkd.in/gRYSzcDU #NBBronx10M #gartnersec #grc #cybersecurity, #risk, #security #charity #teammercury

Interesting and realistic and practical insights on this space from Gartner . Thanks for sharing Chris Mixter - always appreciate your well-lighted perspectives and those of your team and peers. #crq #cybersecurity #ciso #irm #riskmamagement

Love this visual from our #CISO, Matthew Rosenquist - conveys the messaging around prioritization, strengths, weaknesses, and opportunities all in the same vista! #grc #cybersecurity #grc #riskmanagement #crq

Come and join Grace Beason and Gavin Anthony Grounds today at ISACA GRC 2024, with #IIA. Monday 12 August from 1:45 – 2:45 p.m. in Lone Star F, Level 3 Learn how to leverage automation, machine learning, and #AI models to address complex #GRC requirements whilst simultaneously driving efficiency, improving accuracy and maintaining privacy. Join us later at Booth 212 and catch up with Matthew Rosenquist (#CISO) and Allen Wuescher (#CIO)

Very excited to see Gavin Anthony Grounds, Grace Beason, Supra Appikonda, and Susan Palm sharing the stage on this one! Join them on this insightful webinar to get some real-world experiences and knowledge on how to effectively and efficiently map and verify compliance, across multiple frameworks and regulatory environments - and how to represent and manage compliance (or the lack of) in the context of Operational Risk. Sign up to join… see you there! #riskmanagement #grc #cisco #risk Mercury Risk and Compliance, Inc. 4CRisk.ai

Agreed that there may be apathy in certain groups, perhaps even consumers and even with Cyber Security professionals... But, it's almost certain that the FCC might care about the number of Regulatory violations for failing to protect Call / SMS records. Many of their Corporate clients will be concerned about potential failures to meet contractual obligations - both in public sector and private sector. Various shareholders and other stakeholders won't be quite so passive as this post implies, about the downstream impacts (actualized risks) of this significant data loss event. The data loss is the OUTCOME, or resulting state. The materialized risk(s) will be the realized consequences of that outcome. Risk = potential Consequence(s). Risk ≠ Likelihood x Impact. Ask AT&T!!! Their impact (consequences) will not be diluted by the previously incorrectly estimated likelihood - because once likelihood = 100% (i.e. the risk materialized), then the Risk(s), or Consequence(s), are 100% realized. No dilution based on a foundationally flawed risk quantification method. #riskmanagement #ciso #crq #riskquantification #groundsrules

If you are in the Austin area tomorrow (July 16th), be sire to look to register and attend this session by Allen Wuescher, hosted by Society for Information Management. This will be as insightful and educational as it will be entertaining. Come and join if you can! #riskmanagement #fraud #cio #crq