Ten key considerations by PricewaterhouseCoopers’ James Quinnild
Understanding risk and developing strategies to address it are essential tasks for any organization. But how to put these into action?
- Understand your IT landscape
- Know your business
- Understand your regulatory environment
- Develop a risk valuation framework
- Identify risk management options
- Evaluate the costs of these options
- Commit to action
- Prioritize spend
- Communicate
- Measure benefits
Included in this article are details of the ten steps that are crucial to this effort.
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