TITLE

Talk board's language to win security funding

AUTHOR(S)
Goodwin, Bill
PUB. DATE
April 2005
SOURCE
Computer Weekly;4/26/2005, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Chris Potter, partner for Global Risk Management solutions at PricewaterhouseCoopers, will tell the Infosecurity conference that information technology (IT) directors need to integrate IT security into their organization's compliance strategy if they are to win backing from the board. To be successful in managing information risks, IT directors need to translate technical risks into business risks, and to integrate those into the organization's overall compliance strategy. It is what the really senior people in business are saying is their priority. Potter said 88% of chief executives view effective governance, risk management and compliance as a "value driver" for their business and a source of competitive advantage. This means not only meeting the demands of Sarbanes-Oxley and similar regulations, but ensuring they are managing risks to the business, including those to reputation, financial loss, and health and safety.
ACCESSION #
17050064

 

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