Organizations today face a multitude of IT risks, ranging from cyber breaches and IT hacks, to failures in IT assets due to technical issues. Identifying critical assets, and adopting a risk-based approach towards analyzing potential threats are essential to understand your organization’s risk exposure -- be it from a financial, competitive, reputational, or regulatory standpoint.
The key is to establish a robust and automated approach to IT risk management, leveraging industry standards and best practices, as well as technology, to protect IT assets and manage incidents. This approach enables decision-makers to contextualize and manage IT risks based on their business impact.