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I often describe the strategic risk management of emerging technology and disruptive business models as a combination of continuity and change. Striking the balance is often difficult in a high-stakes, rapidly changing environment. However, one should find comfort and guidance in the fact that while the tech­nical components change, the principles of risk manage­ment remain the same. The trick is to understand the technology enough and apply the appropriate mitigation strategy to de-risk the solution while striking a balance between business value and the assumption of too much organizational risk.
February 20, 2020 | Authored By: Timothy Virtue
As technology continues to improve and advance, businesses are using software applications, components, and other technology tools once reserved for IT use in ways that IT departments sometimes have no control or even knowledge of.
April 30, 2008 | Authored By: Mark Fung-a-fat