Mark Samuels
Samuels: Technology leaders need to focus on risk management

Reducing the risks

Do not allow risk management to become risk aversion: concentrate on proactive control

Written by Mark Samuels

Information is the lifeblood of any organisation and chief information officers (CIOs) need to create a strategy that ensures crucial business information stays protected
It can be a difficult challenge. Forrester Research says information resides across the modern organisation in different shapes and forms.

Successful IT leaders will identify sensitive knowledge and ensure that data disclosure is prevented, says the analyst firm.

But how should the CIO move towards an all-encompassing protection and
prevention approach?

The question is answered in this month’s Computing Business cover story, where IT decision-makers outline some of the challenges they face on a daily basis.

Such challenges mean now, more than ever before, technology leaders
need to focus on risk management,­ a holistic strategy that helps provide
protection across a range of key security areas, such as technological threats, human errors and corporate governance.

Top-level risk management will rely on close alignment between the IT organisation and line-of-business managers.

But working relationships between many technology and business leaders are characterised by complexity.

Jay Heiser, research vice president at analyst Gartner, says CIOs com-monly ask him how much they should spend on security.

His standard response: “Go back to the business and find how much confidentially, integrity and availability it needs.”

While clarity on broader risk requirements will help CIOs define a strong risk strategy, our cover story shows practical thinking is crucial.

Rather than seeing corporate governance as an impediment, use discipline-imposing standards ­such as the IT Infrastructure Library (ITIL) ­ to help you create a secure
set of risk processes.

Also develop a change advisory board, which will help you ensure new systems are tested and back-up plans created.

Finally, do not allow risk management to become risk aversion: rather than just concentrating on preventing problems, concentrate on proactive control.

This month, Computing Business is hosting a CIO roundtable to discuss the challenges of risk management ­ we will feed back those CIO opinions next month.

Take the right steps now and you could prevent information leakages that could result in lost business and an impact on your bottom line.

Read the Computing Business blog - visit: http://knowledge.computing.co.uk

reader comments

related articles

Roulette wheel

Risky business

From hackers to natural disasters, risk management is a vital tool for protecting your organisation 17 Apr 2008

 

Managing risk: The view from the private sector

A proactive approach to risk management reaps a number of rewards 17 Apr 2008

Managing risk: The analyst’s view

Increasing security threats require strong management strategies 17 Apr 2008

Managing risk: The view from the public sector

Risk management can play a vital role for local authorities 17 Apr 2008

Scan and Deliver

The biggest challenge of all in the British Library’s vast digitisation programme has been copyright clearance, as Tracey Caldwell explains 11 Jul 2008

Forrester chief outlines game-changing challenges facing IT leaders

Social technology will dramatically change business in the post-recession era, says analyst 03 Jun 2009

related whitepapers

today's top stories

What does Windows 7 mean for Microsoft?

With the sting of Vista still fresh, Redmond has to make next Windows work 10 Jul 2009

A smarter way to use BI

Getting the most from business intelligence systems requires not only careful management on the part of IT leaders, but also the committed involvement of decision-makers across the organisation 08 Jul 2009

The truth behind the Google/Microsoft/NHS rumours

Before Monday 6 July, did you know that Google and Microsoft had services for storing health records? Thanks to an article in... 10 Jul 2009

Quenching a thirst for IT modernisation

A substantial restructure at soft drink supplier Nichols -­ purveyor of Vimto - ­led the company to update its software to Sage 1000 to replace its in-house application. This resulted in the streamlining of the IT department and an opportunity to customise the system 08 Jul 2009

How Satyam cleaned up its act

Chief executive CP Gurnani tells Angelica Mari why Tech Mahindra opted to keep the Satyam brand after it bought the scandal-hit services firm, and explains what the deal means for existing and prospective customers 09 Jul 2009

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

More available - click 'submit' to view

Existing User

Newsletter user login:

Advertisement

Jobs

Related jobs

Job of the week

Job alerts

Sign up here

Find your next job

IT Salary Checker

Check salary here

Advertisement

White papers

Search white papers

Top categories

VPN, Extranet and Intranet Solutions

WAN/ LAN Solutions

Network Security

Interoperability-Connectivity

Grid/ Utility Computing

Latest poll

Will Google Chrome OS be a genuine alternative to Windows?

Will Google Chrome OS be a genuine alternative to Windows?

Tell us your views on the new operating system rivalry

View poll results

Latest audio and video articles

network cablesVideo

How to maximise the value of your IT networking investment

A panel of experts discuss networking strategies that deliver real value to business 03 Jul 2009

green footprintsVideo

How to manage enterprise energy use - and the role IT can play

A panel of experts explore how firms can get to grips with their carbon footprint and make smarter use of energy 01 Jul 2009

Latest in-depth articles

Google ChromeAnalysis

Lack of enterprise appeal takes shine off Chrome OS

Enterprise buyers unlikely to ditch Windows for Chrome OS in the near term, say experts 09 Jul 2009

Satyam CEO CP GurnaniNews

How Satyam cleaned up its act

Chief executive CP Gurnani tells Angelica Mari why Tech Mahindra opted to keep the Satyam brand after it bought the scandal-hit services firm, and explains what the deal means for existing and prospective customers 09 Jul 2009

Advertisement

Primary Navigation