Technology Risks

Businesses must ensure they understand the growing issue of 'risk' especially around their IT where users, new technologies and the spread of sensitive data combine to create an environment in which risk is rife. From understanding how risk manifests itself to the ways business should assess and address their level of exposure to risk, this special report looks to shine a light on an issue which is far more complicated than binary notions of 'secure' or 'insecure'

Darrell Hill technology risk services cover all aspects of IT risk management which is the identification, assessment, and prioritization of technology related risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events.

These services are based on insights into how leading organizations prioritize their efforts to ensure that IT investments provide maximum security and risk mitigation in the most cost effective manner. Our services are also backed by extensive technical competencies, which include:

  • Helping to protect IT assets against external viruses, cyber terrorism and other malicious attacks and internal security threats
  • Advising on software application controls integrity
  • Improving IT processes
  • Addressing regulatory compliance on IT applications

Our approach to managing technology risks includes:

  1. identifying, characterising, and assessing threats
  2. assessing the vulnerability of critical information and technology assets to specific threats
  3. determining the associated risk (i.e. the expected consequences of specific types of attacks on specific assets)
  4. identifying ways to reduce those risks
  5. prioritising risk management measures based on a strategy; The strategies to manage technology risk include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk.
 

Powered By www.set-sign.com