Many enterprises are highlighting IT risk management as a critical component of their overall risk and compliance operations, with good reason. Recent high-profile cyber-attacks and data breaches have brought technology risk and cybersecurity issues to the forefront. But what’s behind this rise in IT risk?
- More core functions are powered by applications and hardware.
- The majority of essential business procedures are now reliant on technology. As a result, technological failures or breaches can have far-reaching consequences for operations, money, and reputation.
- Organizations are struggling to stay up with the evolving threat environment, which is powered by new and complex technology and growing data amounts.
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