IT RISK MANAGEMENT

Risks to an organisation can emanate from many sources: credit, strategic, market, competitive, IT, etc. IT risk is the business risk associated with the use of IT within an enterprise. IT risk consists of IT-related events which could potentially have an adverse impact on a business and can be categorised as follows:

IT service delivery risk
Associated with the performance, availability and quality of the IT service provided to the business.

Information security risk
Associated with the appropriate protection of information assets.

IT system acquisition and implementation risk
Associated with the selection and implementation of information system solutions.

IT benefit realisation risk
Associated with opportunities to use technology to improve efficiency or effectiveness of business processes; or to use technology as an enabler for new business initiatives.

IT risk always exists, whether or not it is detected or recognised by an organisation. If risk is effectively managed, value will be added to the business. If risk is not effectively managed, then the risk that there will be an adverse impact on the business is significantly increased.

Our Services include:

• Establishing an IT Risk Framework
• IT Risk assessment
• IT Risk monitoring and reporting
• IT Risk Mitigation
• Interim Management