IT Risk in the Digital Age

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Topics: Governance, Risk Management, Strategy, ProjectsAtWork

In an era of digital transformation with increasing levels of complexity and new threats, organizations must go beyond agility and commit to three risk principles to Increase trust and resilience among people, processes and technologies. Regulatory compliance is not enough, according to Gartner analysts.

Organizations must invest in three risk disciplines to increase trust and resilience, according to Gartner. Running a digital business presents business leaders with an increasing level of complexity and new threats, and this requires a change in their approach to IT risk and cyber security. 

"We are at the intersection of two major macro trends," said David Willis, Gartner vice president and distinguished analyst. "The first is the transformation to a digital business. The second is the growing capacity and sophistication of digital adversaries to breach our defenses and cause major business disruptions in business operations." 

CIOs are feeling the impact of the digital business age. Of the CIOs in the 2015 Gartner CIO Survey, 89 percent said that digital business would create new types and levels of risk. 

"Inside and out, organizations are architected for agility and convenience, not resilience," Willis said. However, the architectures that offer agility and convenience to enterprises and their customers …

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