BBG 101 Lecture Notes - Lecture 29: It Risk Management, Ds2, Ds 4

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Document Summary

Risks and it strategic planning systems within the organisation. This area of it planning is about assessing the risks associated with the it. Every activity in a business engenders some risk. A business that does not take on risk does not move forward remember the. Risk requires a mature approach & a comprehensive understanding of risk focus on value" and risk" appetite". Po9. 6: maintenance and monitoring of a risk action plan these risks cost effectively. The assessment should identify the risks and how the organisation will deal with. An organisation needs to understand clearly its risks in relation to its it systems and how the introduction of new technologies will affect the organisation"s risk profile. It is important that risk assessments occur at all levels of the organisation not. Fraud risk, security risk, continuity risk would all be important in the just at the top level. Need to consider risk at an operational level assessment process.

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