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Take a Targeted Approach to Mitigating IT’s Greatest Risks

Strategize with the business in mind, but be prepared to act alone.

A formal strategy that prioritizes the mitigation of IT’s greatest risks will protect the business without sacrificing an excessive amount of operational efficiency.


Your Challenge

Establishing a risk management strategy can be complicated. Every company has a unique risk profile that depends on organization size, industry, complexity, and culture. As a result, many IT departments approach risk management in an ad hoc manner, only implementing controls once they have experienced an incident. This approach leaves the business vulnerable to threats that could result in higher costs, lower returns, and failed projects.


Our Solution

Managing risk needs to be an ongoing process where the business and IT continuously collaborate to determine the optimal level of protection from risks for the organization. A formal strategy that prioritizes the mitigation of IT’s greatest risks will protect the business without sacrificing an excessive amount of operational efficiency.


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Author

Katie Forth

Search Code: 76360
Last Revised: November 6, 2014

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