In recent times, most businesses have invested heavily in strong governance, risk management and compliance assurance. However, they continue to be subjected to immense pressure from the external threat environment and their internal stakeholders, requiring management to be continuously on top of the risk environment.
IT systems are the very fabric around which the entire company is built, and it is critical that they are managed effectively. If breached, they can bear the brunt of negative press, especially if your customer, supplier, employee or shareholder data is compromised.
IT stability can be threatened by more than just a cyber attack. When it comes to risk minimization, IT needs to be effectively managed to ensure appropriate compliance, alignment to a business continuity plan and reduced exposure to third-party risks. And all of this needs to happen on an enterprise-wide basis.
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