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UP CLOSE: Kevin Richards

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UP CLOSE: Kevin Richards

NEW JOB TITLE: Managing director, global head of cyber risk consulting at Marsh Risk Consulting in Chicago

PREVIOUS POSITION: Managing director, global lead of security strategy and risk practice, and North America security lead, at Accenture P.L.C. in Chicago

LOOKING FORWARD TO: Helping clients better understand, quantify, and manage cyber risk.

GOALS FOR NEW POSITION: My goals are to leverage the scale, reach and capabilities of all of the Marsh companies to deliver actionable cyber risk management guidance, continue to develop new, innovative cyber risk solutions, and enhance the global client experience with Marsh Risk Consulting’s and Marsh’s cyber risk solutions and capabilities.

CHALLENGES FACING INDUSTRY: The cyber risk market is very dynamic. As technologies continue to evolve and cyber adversaries become more effective, our understanding of and ability to manage cyber risks changes in nearly real-time. This applies pressure on traditional enterprise risk models to evolve at a faster pace as they attempt to keep up. As a result, many businesses struggle to articulate cyber risk in the same terminology or taxonomy as more traditional risk areas, resulting in misunderstood or underquantified cyber risk exposure.

CORPORATE IMPROVEMENT: There are a number of initiatives underway on this, but we need to continue driving diversity and inclusion in the workplace. There are a number of studies that show the benefits of highly diverse teams; unfortunately, the cyber security industry continues to struggle with this — especially with respect to gender diversity. We need to tap into wider workforce options to find great critical thinkers that we can teach and mentor to be effective cyber security professionals.

FAVORITE QUOTE: There is a wonderful Mark Twain quote: “The difference between the almost right word and the right word is really a large matter — ’tis the difference between the lightning bug and the lightning.”

HOBBIES: When not working or spending time with my family, I’m a musician at heart. I’ve played guitar since I was 8 and piano shortly thereafter.

DON’T LEAVE THE HOUSE WITHOUT: I never leave without my Bose headphones, my iPad and a couple guitar picks — you never know when you’ll have a chance to play.

ON MUSIC: The playlist on my phone right now is wonderfully diverse: Stevie Wonder, Dwight Yoakam, Nat King Cole, Bruce Springsteen, Lady Gaga, Pat Benatar, Tony Bennett, Vampire Weekend, The Strumbellas, Elle King, Ray Charles, John Lee Hooker, OneRepublic, Tim McGraw — just to name a few from the top. There is so much great music out there. One of my favorite activities was visiting Abbey Road Studios — I could have stayed there for days playing the instruments and immersing in the history of music.

BEST CITY: Rome is a “can’t miss” for a vacation; Mackinaw Island, Michigan, is amazing for a trip back in time; you can never go wrong with Ka’anapali Beach on Maui.

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