IT Risk Is Not About IT – It’s About the Business

Share  
1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10  |  11
Previous Next

Click through for four critical core capabilities IT risk teams need to develop in order to be truly effective in working with the business, as identified by Yo Delmar, vice president of GRC solutions at MetricStream.

Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

Information technology risk teams know well that the scope of IT risks can be very broad – ranging from technical security risk, to IT operations risk, through to operational risk and enterprise risk. IT risk teams typically have deep skills in risk identification and analysis of information technology components, and many are also quite skilled in making recommendations on risk treatment options. But their scope and point of view is typically limited to technology applications and infrastructure. As the enterprise becomes increasingly complex, and extends out with deep interlocks to customer and supplier eco-systems, IT risk teams' core competencies need to evolve.


When IT risk teams are effective, they’ve formed partnerships with other risk stakeholders across the organization – business leaders, the chief risk officer, internal audit, information and physical security teams, business resilience groups and vendor management. They understand how IT is linked up the stack to the business, press to get risk appetites defined, and are able to translate risk appetite into acceptable thresholds that IT operational teams can work with. 

Here are four critical core capabilities, identified by Yo Delmar, vice president of GRC solutions at MetricStream, that IT risk teams need to develop in order to be truly effective in working with the business.  

 

More Slideshows

AlienVaultCFOSecurityInvestment0x Five Ways a CFO Can Invest in Securing Their Organization

Considering the costs related to security, it's no wonder that the CFO might struggle a bit in regards to investing in this part of the business. ...  More >>

Lumension10QsSecurityVendors0x 2015 Endpoint and Mobile Security Procurement: 10 Questions to Ask New Vendors

In the spirit of 2015 planning, now is the time of year when IT teams start to tackle big, complicated issues like endpoint and mobile security. ...  More >>

Security41-190x128 Cybersecurity Grades Released for Key Industries

Looking at cyber data through a business intelligence lens ensures that security-related trends and potential impacts to organizations can be understood and effectively addressed. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.