When Big names in the finance, commerce and other industries cannot protect their data, this implies that they are having information leakages and issues recovering their data and here is the point where Information Technology risk comes in.
Information Technology risk assists in minimizing the risks associated with the technology environment of a company. It verifies and safeguards information, locates weak-spots and creates effective strategies to prevent security breaches.
Listed below are few questions that frequently come up in information technology risk space and the response given by a professional in the field:
- What is the most challenging part of IT Risk?
There are several factors to consider here, but chief of them all is liaising with stakeholders to get their input on issues and making them see the relevance of factoring the possibility of risk in their processes. This is quite challenging as risk is viewed as an unnecessary burden which impedes productivity.
- What can you do to ensure error-free work?
Ensuring error-free work is quite important, as even a minute risk when missed out can have a dire impact on the business’s ability to meet both short and long term obligations. To this end, putting in place automated (risk system) processes or manual processes (peer-review system) helps to a great extent to reduce the possibility of error.
- How can I explain IT Risk to a layman?
The best way to explain a concept to a layman remains mapping the concept to relatable activities they go through daily. We humans are inherently risk managers, because we make various risk decisions on a daily basis. This approach will form a beautiful way to explain risk related concepts to a layman.
- Is there any software used for risk management? If yes please mention them.
There are quite a number of tools used to manage risks, but personally,just a few stand out. Tools such as RSA Archer and Pentana risk
- How is the atmosphere in the IT Risk world?
The atmosphere in the IT Risk world has been quite positive over the years. This is due to the massive adoption of technology to drive businesses across the world. This has fostered the emergence of different regulations and also the inflow of professionals in the field.
- What advice will you give to a newbie in the IT Risk world?
As it pertains to entrance into technical fields, having a solid understanding of the basics by learning on the job and through recognized certifications as these two cannot be overemphasized.
