Gaining visibility into and control over a huge range of internal and external risks is a top priority of corporations today. With the recent jump in regulatory mandates and increasingly active shareholders, many organizations have become sensitized to identifying areas of risk in their business, including financial, operational, IT, brand, and reputation-related risk.

Over the past few years, organizations are more focused on "being in control." They are increasingly—often forced by regulations—building and implementing processes that underpin the company's "In Control Statement". The inevitable extra costs and efforts are often seen as a burden, distracting people from what they should focus on: doing business!

One of the biggest sources of information risk companies face today is collaboration with externals. New tools have made document collaboration much easier and more accessible, but how does business take advantage of the benefits of online document collaboration tools, while avoiding the compromise of confidentiality of critical business information?

As computer software has become the backbone of modern civilization, organized cyber criminals, state sponsored cyber attackers, and terrorist organizations try to exploit design flaws and weaknesses in the applications in order to generate revenue and carry out criminal activities. The growing number of cyber attacks has become one of the most serious economic and national security threats our nation faces.

As the number and complexity of security threats continue to grow exponentially and the strike time continue to shorten, security organizations find themselves unable to scale their response using existing resources, processes, and tools. To overcome the challenges, the Chief Information Security Office (CISO) is adopting a "risk-based approach to security".

In one of the most controversial cybercrime cases in recent years, Gary McKinnon, a UK based systems administrator, was accused by the US government of hacking into dozens of US military and NASA computers between February 2001 and March 2002. Dozens of critical systems were rendered inoperable, US Naval Air Station files were altered and deleted, and an entire network of 2,000 US Army computers was brought down.

Solutions for Better Business Performance. Delivering Governance, Risk, Compliance Through Software Benefits of IT Risk Management Automation Software, Services and Content