Technology Risk Management

Technology Risk Management involves identifying, assessing, and mitigating the risks associated with using technology in an organization. This includes risks from cyber threats, data breaches, software failures, and compliance issues. Effective technology risk management ensures that systems are secure, reliable, and compliant with regulations, helping to protect an organization’s assets and reputation. By implementing policies, practices, and controls, organizations can reduce potential disruptions and losses related to technological vulnerabilities, thus enabling smoother operations and instilling confidence among stakeholders.