Achieve Digital Resilience by Managing Digital Risk

Build a digital risk profile that supports sustainable transformation.
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Major Business Pain Points

Businesses are expected to balance achieving innovation through initiatives that transform the organization with effective risk management. While this is nothing new, added challenges arise due to:

  • An increasingly large vendor ecosystem within which to manage risk.
  • A fragmented approach to risk management that separates cyber and IT risk from enterprise risk.
  • A rapidly growing number of threat actors and a larger attack surface.
Achieve Digital Resilience by Managing Digital Risk-Pain Points

Recommendations

Key Points

  • All risks are digital risks.
  • Manage digital risk with a collaborative approach that supports digital transformation, ensures digital resilience, and distributes responsibility for digital risk management across the organization.

Approach

Achieve Digital Resilience by Managing Digital Risk-Recommendations

Address digital risk to build digital resilience. In the process, you will drive transformation and maintain digital trust among your employees, end users, and consumers by:

  • Defining digital risk, including primary risk categories and prevalent risk factors.
  • Leveraging industry examples to help identify external risk considerations.
  • Building a digital risk profile, addressing core risk categories, and creating a correlating plan for digital risk management.
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Methodology and Tools

Executive Brief

Risk does not exist in isolation and must extend beyond your cyber and IT teams. Read our concise Executive Brief to find out how to manage digital risk to help drive digital transformation and build your organization's digital resilience.

  • Achieve Digital Resilience by Managing Digital Risk – Executive Brief

1. Redefine digital risk and resilience

Discover an overview of what digital risk is, learn how to assess risk factors for the five primary categories of digital risk, see several industry-specific scenarios, and explore how to plan for and mitigate identified risks.

  • Achieve Digital Resilience by Managing Digital Risk – Phases 1-2
  • Digital Risk Management Charter

2. Build your digital risk profile

Begin building the digital risk profile for your organization, identify where your key areas of risk exposure exist, and assign ownership and accountability among the organization’s business units.

  • Digital Risk Profile Tool
  • Digital Risk Management Executive Report

All resources on this page are provided to Cyber Leadership Hub members under license from third parties including Info-Tech Research Group Inc, a global leader in providing IT research and advice.