IT Risk Management Needs an IT Solution
Today, every company is an IT company. But not every company is equipped for IT risk management in today’s business environment. IT risks introduced by working from home , cybercrime, exposure to third-party failures, and other IT-related issues continue to evolve and threaten a company’s future growth and reputation.
Without a systematic approach to IT risk management, it’s all but impossible to monitor for risk – including those arising from new/updated regulations, system failures, third-party compliance, data privacy – on an ongoing basis. Threats are unique to each department, and information about them may be spread across emails, spreadsheets, and office locations. IT risk managers need a way to turn this kind of operational information into organisational strategy.