Managing IT risk is part of running any business these days. Regardless of what business you’re in, understanding IT risk can help you increase network security, reduce management costs and achieve greater compliance. Corporate leaders who fail to identify, assess and mitigate IT risk are setting themselves up for serious security breaches and financial losses down the road. And those leaders who think that managing IT risk is the job solely of the IT staff may be in for a big shock.
Today, the IT risk environment is more threatened than ever thanks to the growth in sophisticated malware attacks and security vulnerabilities. Web 2.0 adoption (dynamic content sites such as Facebook and iGoogle) has added new layers of IT risk. Regulations across federal, state and local governments continue to increase, placing additional costs on organisations to meet these new and expanding requirements. Today, organisations need an intelligent approach to gaining the upper hand when it comes to assessing IT risk and managing compliance.
Source: Computer Weekly
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