Advisor

Balancing Risk and Reward in BaaS

Posted February 20, 2020 | Leadership |
Balancing Risk and Reward in BaaS

I often describe the strategic risk management of emerging technology and disruptive business models as a combination of continuity and change. Striking the balance is often difficult in a high-stakes, rapidly changing environment. However, one should find comfort and guidance in the fact that while the tech­nical components change, the principles of risk manage­ment remain the same. The trick is to understand the technology enough and apply the appropriate mitigation strategy to de-risk the solution while striking a balance between business value and the assumption of too much organizational risk.

About The Author
Timothy Virtue
Tim Virtue is a global cybersecurity, risk management, compliance, technology, and business executive with more than 20 years’ experience. He is founder and Managing Partner of TechView Partners, a strategy-focused cybersecurity and risk management advisory firm. Mr. Virtue is an industry veteran, previously holding several chief information security or chief security officer positions. He has extensive experience in various regulated industries… Read More
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