The Risk Is Our Business Podcast explores the principles of Governance,
Risk, and Compliance—to reliably achieving objectives, navigating uncertainty, and acting with integrity. Here, we follow the Prime Directive of Risk Management: No decision or strategy moves forward without understanding its impact on our goals, our resilience, and our values. Because risk isn’t the enemy, it’s the mission. After all, risk is our business.
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The Risk Is Our Business Podcast explores the principles of Governance,
Risk, and Compliance—to reliably achieving objectives, navigating uncertainty, and acting with integrity. Here, we follow the Prime Directive of Risk Management: No decision or strategy moves forward without understanding its impact on our goals, our resilience, and our values. Because risk isn’t the enemy, it’s the mission. After all, risk is our business.
The Probability Nebula: Digital Twins and Forward-Looking Risk with Florian Worm
Risk is Our Business
18 minutes 49 seconds
3 months ago
The Probability Nebula: Digital Twins and Forward-Looking Risk with Florian Worm
Recorded live at Corporate Risk Minds 2025 in Berlin, this episode of Risk Is Our Business features a conversation with Florian Worm—risk technologist, modeling expert, and one of the sharpest minds charting the next frontier in enterprise risk.
Florian joins Michael Rasmussen on the bridge to explore the processes and paradigms reshaping risk management in a world where volatility is no longer an anomaly, it’s the environment. Together, they examine the limitations of legacy frameworks, the regulatory gravity of IDW PS 340, and why good risk quantification requires more than Monte Carlo curves and dashboards. In a galaxy of noise, it’s about decision-useful insight, grounded in rigor and relevance.
At the heart of the episode is a deep dive into digital twins, not as sci-fi theory, but as a real-world capability to simulate risk environments, explore alternate futures, and make better decisions in real time. Whether you're scanning for weak signals, stress-testing for resilience, or mapping out mission-critical paths, digital twins are fast becoming the warp core of forward-looking risk.
For those ready to chart a new course, this episode offers a shift from static risk logs to living systems, where uncertainty is mapped, modeled, and understood.
Risk is Our Business
The Risk Is Our Business Podcast explores the principles of Governance,
Risk, and Compliance—to reliably achieving objectives, navigating uncertainty, and acting with integrity. Here, we follow the Prime Directive of Risk Management: No decision or strategy moves forward without understanding its impact on our goals, our resilience, and our values. Because risk isn’t the enemy, it’s the mission. After all, risk is our business.
