It takes two to tango: Managing technology risk is now a business priority

June 2013

Overview

For too long, financial institutions have viewed technology risk management as a defensive tactic or regulatory compliance activity. Based on our observations, existing approaches to technology risk management often provide limited value to the business.

However, we see an opportunity to leverage technology risk management to provide strategic business value. We believe that effective technology risk management requires financial institutions to adopt a “top-down” approach that focuses on the objectives of the business, its supporting processes, and critical information assets. Leading financial institutions are shifting their focus on risk management, moving from a fragmented and reactive compliance approach to a more balanced, business-aligned, risk-based strategy.

Contact us

Julien Courbe
Principal, Financial Services Leader
Tel: +1 (646) 471 4771
Email

Stephen Russell
Managing Director
Tel: +1 (203) 539 3079
Email

Shawn Connors
Principal, Cybersecurity and Privacy
Tel: +1 (646) 471 7278
Email

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