Risk Mitigation & your Job Search Thesis
Chuck Brotman
Sales, Marketing, CS, & Leadership Recruiting for Mission-Driven Companies | Blueprint Expansion aka gtmrecruiter.com
What's been in the news the past week?
What do all of these have in common?
They high the institutional IMPERATIVE of investing in comprehensive risk mitigation.
I recall learning years ago that most B2B/B2G company value props center around one of three principles: 1. helping organizations increase top-line revenue 2.) help organizations reduce costs and improve bottom-line & 3.) helping organizations mitigate risk
But what does it mean exactly to help mitigate risk? And what can learn from some of today's recent events?
Why Risk Mitigation Matters
Vulnerability is everywhere
We've discovered vulnerabilities spanning physical security, IT infrastructure, and cyber environments that many of us may not have expected.
?How does a major corporation leave multi-factor authentication disabled?
? How could a software update lead to such a massive system collapse?
? How does the rooftop of a building near a major political rally go so completely unobserved?
"Obvious" vulnerabilities seem to be an increasing facet of the modern world. Is it necessarily surprising to see such glaring gaps any longer?
Reputation and Trust
Early fallout from incidents like the above show how system failures can lead to immediate loss of trust, adversely impacting careers and corporate brands, all the while creating opportunities for competitors to accelerate market disruption. While often times, the consequences of major failures and breaches are quickly overcome with good PR and the passage of time, that's by no means a certainty in any of these instances.
领英推荐
Public and Regulatory Change
Incidents like data breaches and system failures attract massive attention from the public and regulatory bodies, leading to increased scrutiny and calls for transparent, effective risk management practices and new regulations. The introduction of GDPR in the European Union, for example, was preceded by events like majoy Yahoo 2013 data breach (revealed later to the public), where over 3 billion user accounts were compromised.
Risk Mitigation & Job Search Thesis
For job seekers working on defining a job search thesis - and getting away from an "open to anything" posture - now might be an excellent time to consider risk-mitigation themes and the types of businesses working to help companies and organizations here. There are multiple ways you may look at this
Sector Focus
Perhaps some of you are interested in specific sectors.
Themes
An interest in risk mitigation does not need to be sector oriented. Thing about key themes in tech today that may offer new promise for addressing organizational and corporate risk in the modern world.
Web3: The decentralized nature of Web3 presents unique risk mitigation opportunities (AND challenges).
How could Web3 itself help mitigate risk? If traditional identity management systems are centralized - and hence more attractive targets for hackers - perhaps more decentralized identity solutions could reduce the risk of large-scale data breaches. Or smart contracts on blockchain platforms like Ethereum - that can automatically execute & enforce agreements without the need for intermediaries - could better reduce the risk of human error and fraud. Lastly, perhaps traditional cloud storage systems, more centralized and vulnerable to breaches, could be replaced with more decentralized solutions based on Web3.
AI: Like Web3, AI introduces both potential major new risk, but perhaps new solutions as well. Companies are exploring AI-driven solutions to enhance cybersecurity, predict and prevent operational disruptions, and better manage compliance. AI solutions could be deployed to detect fraud much faster, or predict maintenance needs in physical equipment to prevent major breakdowns, or assess Secret Service protocols to identify vulnerabilities too easily missed by human experts.
Target List
What businesses are solving these problems - or preventing risk in 2024 using new technology and solutions? What does success look like here?
The sooner YOU can begin to investigate and formulate your own answers to these questions, the better prepared you'll be find companies you'd be excited to consider for your next employment destination.
This is not necessarily easy, but it's how you can potentially outflank "industry insiders" by STARTING with your own intellectual curiosity about the world around you.
Sales, Marketing, CS, & Leadership Recruiting for Mission-Driven Companies | Blueprint Expansion aka gtmrecruiter.com
4 个月On AT&T, Snowflake, and discussions of multi-factor authentication (link to a podcast in this episode) - https://www.techtarget.com/searchsecurity/news/366593774/Experts-weigh-in-on-Snowflake-database-MFA-features
Sales, Marketing, CS, & Leadership Recruiting for Mission-Driven Companies | Blueprint Expansion aka gtmrecruiter.com
4 个月https://www.washingtonpost.com/technology/2024/07/20/microsoft-outage-crowdstrike-regulatory-scrutiny/
Sales, Marketing, CS, & Leadership Recruiting for Mission-Driven Companies | Blueprint Expansion aka gtmrecruiter.com
4 个月LinkedIn - this post certainly wouldn't be suppressed based on the topic, correct?