Risk-Based IT Compliance: The Case for Business-Driven Cyber Risk Quantification

Olabode Olaoke
Olabode Olaoke Block
John Sapp
John Sapp Texas Mutual Insurance Company
Nick Giedt
Nick Giedt Roblox

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At the helm of Block’s Cybersecurity Risk Governance, Olabode Olakoe’s role is steeped in ensuring the alignment of risk and business objectives across a global landscape. He is dedicated to managing cybersecurity risk, implementing common controls, and governing workforce security policies. He has a strategic focus on safeguarding operations and nurturing customer trust.

John Sapp is the VP, Information Security and CISO for Texas Mutual Insurance Company, and the creator of the thought leadership forum Cybersecurity Conversations: The Hype, Hope and Harsh Reality. As a strategic global information security executive with over 20 years of security, risk, and compliance experience, John’s knowledge and expertise has allowed him to become an industry thought leader, early adopter of emerging security technologies, and technical advisor to startups. Throughout his career, John has helped multiple organizations develop a clear picture of their current cyber risk posture and cybersecurity capabilities, and develop and execute a multi-year strategy to achieve the desired target state, while delivering an informed view of when, where, how, and why to invest in people, process, and technology to manage cyber risk.

Nick Giedt is a dynamic cybersecurity leader and strategist with extensive experience in driving organizational resilience and security at top technology companies, including Roblox, Meta, and LinkedIn. As the Head of Strategy and Operations, Nick partners with the security leaders to align security initiatives with business objectives, manage cross-functional priorities, and oversee the execution of strategic programs that safeguard enterprise systems and data.

Nick is a recognized expert in scaling security teams and programs during hypergrowth. Known for his ability to bridge technical solutions with executive priorities, Nick has spearheaded forward-thinking initiatives, including user privacy frameworks, AI security strategies, proactive threat and risk intelligence programs, and fostering employee trust through transparent use of security tooling. With a passion for operational excellence and team enablement, Nick has demonstrated a proven ability to lead organizations through transformational growth while cultivating a culture of proactive and pragmatic security. A seasoned presenter and thought leader, Nick enjoys sharing insights on risk forecasting, operational resilience, emerging exploits, and the intersection of technology and security strategy.


Description

IT compliance and cybersecurity teams have long struggled to effectively communicate the impact of threats and vulnerabilities to executives. When done right, cyber risk quantification allows IT professionals to speak the language of the business: financial impact.

While the importance of cyber risk quantification is apparent, many organizations struggle to get these projects funded. Join our experts to explore:

• The basics of risk quantification and how to get started without trying to boil the ocean
• The importance of moving beyond framework-driven security and assurance
• Best practices for communicating the impact of IT security and supporting business growth
• How to drive risk-informed decision-making within your organization

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