Security News > 2021 > March > Risk management in the digital world: How different is it?

Risk management in the digital world: How different is it?
2021-03-16 05:30

Managing risk arising from remote work has largely been reactive, and risk managers have had to adapt to new digital threats that weren't necessarily as prevalent when work was done from a physical office.

Risk managers need to think proactively about how working remotely impacts their organization's exposure to risk and how to mitigate potential breaches.

To prioritize risk during remote work, risk managers need to involve executives and keep them updated and educated on potential problems and solutions.

Risk managers and executives must first identify the risks and find out where the company stands, aligning risk culture with the existing company culture.

They can implement new risk management strategies that may require drastic changes, such as new software, revised policies and educational tutorials on risk.

It can help streamline risk functions and roles, but risk strategy needs to be sound before implementation - if not, your risk management may fall apart and leave you even more exposed to threats than before.


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