Before identifying and assessing IT's greatest risks, review the following IT risk management fundamentals:

  • Benefits of formalized risk management.
  • Key terms and definitions.
  • Principles of IT risk management.
  • Obtaining buy-in and support from the business.

Next, build a framework for IT risk governance by:

  • Assessing your current approach to IT risk management.
  • Establishing a permanent body within IT tasked with managing risk.
  • Setting out clear accountabilities and responsibilities for IT and business stakeholders.

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Build an IT Risk Management Program

Mitigate threats with a cost-focused approach to IT risk management.

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