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The RiskTech Journal

The RiskTech Journal is your premier source for insights on cutting-edge risk management technologies. We deliver expert analysis, industry trends, and practical solutions to help professionals stay ahead in an ever-changing risk landscape. Join us to explore the innovations shaping the future of risk management.

The Coming Wave: Why AI-Fueled Cyber Crime Demands a New Layer of Risk Management

The Coming Wave: Why AI-Fueled Cyber Crime Demands a New Layer of Risk Management

In June 2024, a ransomware attack on Synnovis—an NHS diagnostics provider—led to thousands of canceled surgeries, long-term patient harm, and yet barely registered in the headlines. A year later, an attack on Marks & Spencer, which temporarily left Percy Pig sweets and Colin the Caterpillar cakes off supermarket shelves, wiped £600 million off the company’s market cap and triggered nationwide panic.

This juxtaposition, as Misha Glenny eloquently observes in his Financial Times Weekend article, reveals something uncomfortable about both society’s perception of cyber risk and our structural ability to respond to it. But it also points to a larger and more pressing reality: AI is about to turn every cyber threat vector into a force multiplier—and the defensive tools most organizations rely on are no longer fit for purpose.

As AI matures into autonomous, agentic forms, we’re not just dealing with more attacks—we’re dealing with smarter, faster, and more scalable ones. The solution isn’t just better cybersecurity. It’s Integrated Risk Management (IRM)—and it must evolve as rapidly as the threat landscape.

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Where Autonomous IRM Begins—And Where It Must Go Next
Autonomous IRM, Cybersecurity, ServiceNow, Tuskira John A. Wheeler Autonomous IRM, Cybersecurity, ServiceNow, Tuskira John A. Wheeler

Where Autonomous IRM Begins—And Where It Must Go Next

The Quiet Rise of Autonomous IRM—From the Middle Out

Autonomous IRM is no longer theoretical. AI-powered platforms are starting to deliver tangible value: agentic systems that simulate attacker behavior, validate control effectiveness, and recommend mitigation actions—often autonomously.

The June 5 announcement from Tuskira, integrating directly with ServiceNow’s Vulnerability Response and SecOps modules, is a prime example. By embedding simulation-backed scoring and posture-aware mitigation into operational workflows, Tuskira is delivering intelligence in real time.

But there’s something missing: the announcement doesn’t mention Integrated Risk Management (IRM) at all.

That silence is a signal. Tuskira operates in what Wheelhouse Advisors defines as Layer 3: Intelligence & Validation—the middle of the risk architecture. And while this layer is where automation is gaining traction, it’s also where many organizations are managing in isolation, without input from either end of the enterprise risk stack.

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