Awareness is growing around the importance of risk management, and IT’s involvement in ensuring compliance. A special ARN report.
Risk management should be high on the list of priorities right now. If organisations and boards didn’t realise its importance previously, the natural disasters of Queensland, Victoria, Perth, Christchurch, Japan, and, most recently, Myanmar (it’s been a bad start to the year) should have reinforced it.
Then there’s the other, less physical disasters that can hit organisations. RSA security gets broken through, Anonymous effectively pulls Visa and MasterCard offline. Locally, Virgin runs into a PR disaster when its customers struggle with its systems.