Oversight of IT Risk Management
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Board Perspectives: Risk Oversight, Issue 53 - How Boards Can Oversee IT Risk Management in a Rapidly Changing Environment
Effective board risk oversight can contribute to strengthening the Information Technology (IT) organization so that it maximizes the value IT delivers. Deployment of technology to reduce costs, improve business processes and progressively drive revenue expansion is altering the way companies operate. Increasingly sophisticated user demands coupled with cloud computing, social networking, mobile technologies and other enabling trends are driving disruptive, transformational change in the technological landscape itself.
How does this changing environment impact board risk oversight? In this issue of Board Perspectives: Risk Oversight, we make suggestions for boards to consider as they enhance their risk oversight as it relates to IT matters.