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

Email     |     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.

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.  

 

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

 
More Slideshows

SurfwatchCybersecurity0x Cyber Crime Report Finds Old Breaches Led to New Breaches

Motivations behind the attacks ranged by industry and, predictably, not a single sector was left untouched by the unscrupulous actors. ...  More >>

Disaster10-190x128.jpg New Catalysts Driving Disaster Recovery Initiatives

Due to a variety of natural and manmade disasters – including cyber attacks – organizations are placing greater emphasis on DR initiatives. ...  More >>

DiligentDataAtRisk0x When the Boss Leaves, What Data Is at Risk?

Data breach risks are pervasive across the organization, not just with unhappy employees, and particular attention needs to be paid to those who have access to the most sensitive information. ...  More >>

Subscribe to our Newsletters

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