A Risk based Strategy is in great demand for all organizations, but how do you formulate a risk approach that can realize a practical deployment? Are there practical examples of how to do this and can I use them to be effective in stopping the wide array of threats facing my organization? Where do you start and what tools and customized frameworks can help you to move beyond compliance to risk-based strategy that your management understands and supports? Learn how in the discussion of what others are doing and take it past just a strategy and risk approach to a practical reality.
Key Takeaways:
The world today is more advanced and interconnected than it ever has been before. The channels for information and systems access are now many and varied. In today’s IT environment, it is far easier to gain information and access through these new channels and much harder to protect it. Every business today walks the fine line between business-enabled access and appropriate security and privacy. Information security investment involves a complex set of competing priorities. Most enterprises have made significant investments in endpoint protection, anti-virus, encryption, network security monitoring and much more. Sensitive information must be protected since the consequences of not doing so are catastrophic. But what is the cost of all this security? Are we striking the right balance between convenience and controls? Have we become so paralysed by the technology that we are losing our ability to be innovative and enhance core business drivers? Are we foregoing competitive advantage and business expansion in order to stay safe?