Posts tagged risk management
Cyber and Digital Technology Risks are a Key Concern for Businesses and Risk Leaders, even as 60% see GenAI as an Opportunity: PwC 2023 Global Risk Survey

PwC’s 2023 Global Risk Survey found that 37% of respondents consider cyber risks as their top concern, while 32% worry about digital technology risks. Despite this, 60% of businesses surveyed see Generative AI as an opportunity. The survey included 3,900 business and risk leaders from different sectors and reveals the impact of emerging technologies such as machine learning, automation, cybersecurity and the cloud on businesses.

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Gartner Says Cybersecurity, Application & Integration Strategies and Cloud Are Top Technology Priorities for Midsize Enterprises

Security and risk management, application and integration strategies, and infrastructure and operations are the top three technology priorities for midsize enterprises (MSEs) in 2022, according to a recent Gartner, Inc. survey. “MSEs are shifting investments and even increasing budgets to fund their top technology priorities,” said Mike Cisek, VP Analyst at Gartner.

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Gartner Forecasts India End-User Spending on Security and Risk Management to Grow 9.4% in 2022

End-user spending on security and risk management in India is forecast to total $2.6 billion in 2022, an increase of 9.4% from 2021, according to Gartner, Inc. There is a significant shortage of skilled cybersecurity professionals. Therefore, end-user organizations in India often engage with security service providers to meet their cybersecurity objectives.

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Bridging the DevOps ITSM Divide: Accelerating Business Transformation in a Risk-Adjusted Manner Across The Enterprise

For many in the industry, IT service management (ITSM) and DevOps represent opposite ends of the technology management spectrum -- putting into conflict those who want to move fast and drive change with those who are hard-wired to provide security, governance, and reliability. There is a growing case for these two enterprise technology philosophies to coexist if they can align to enhance performance and enable business transformation.

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Supply Chains Must Reduce Their Surface Area Risk to Reduce the Frequency of Disruptions, Says New Gartner Findings

Research by Gartner shows that disruption-shaping organizations are likely to experience less than one-third of disruptions than their peers. Chief supply chain officers (CSCOs) must strategically reduce the rate of disruption to their supply chains by reducing their surface areas in the near future. Supply chain surface areas are the sum of all products, processes and networks that compose the supply chain today and represent touchpoints that risk events can have with the supply chain.

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Risk Adjusted Strategies for Modernizing IT Operations

As the chief owners of the digital infrastructure that underpins all aspects of modern enterprises, IT leaders will play pivotal roles in the road to recovery, “seeking the next normal” while still performing their traditional roles. In a time of turbulence and uncertainty, CIOs and senior IT leaders must discern how IT will enable the future growth and success of their enterprise while ensuring its resilience.

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76% Of European CIOs Are Underprepared For Automation, Finds Forrester

Forrester predicts that employment protection initiatives instituted during the pandemic will diminish incentives and further delay CIOs’ plans for automation across Europe. This is despite the fact that 76% of European organizations are already underprepared for automation compared to 65% in Asia Pacific and 73% in North America.

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Where Risk Management and Security Stand One Year into the Pandemic; New Forrester Findings

One year ago, COVID-19 was declared a global health emergency, impacting all sectors virtually overnight. With the pandemic hitting this benchmark, Forrester analysts are available for interviews to discuss how specific sectors have been impacted these past months worldwide, as well as what 2021 will look like as we keep adjusting to this “new normal.”

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73% of CMOs Will Fall Back on Low Risk, Low Return Strategies for 2021, Shows Gartner Survey

73% of chief marketing officers (CMOs) report they will rely on existing customers to fuel growth in 2021, rather than looking to develop new markets, shows a new survey by Gartner. 39% of CMOs plan to increase sales of existing products to existing customers, while 34% will introduce new products to existing customers in 2021.

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82% of Organizations Are Letting Employees Decide When They Feel Safe Returning to the Office, New KPMG Survey Finds

While it seems that employees are successfully working outside their traditional offices, employers have new questions about how to measure productivity in a virtual world. Companies are working on new measures to avoid exposing employees to undue health risks through widespread return-to-office initiatives ahead of available vaccines.

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Security, Privacy, Cloud, and Technology Resilience Dominate Top IT Audit Risks Expected for 2021, Finds Protiviti

According to a new survey from Protiviti and ISACA, concerns around security, privacy, cloud and technology resilience are being further fueled by shifting business priorities, the pandemic-induced remote work environment and accelerated deployment of new technologies.

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Investments in Cyber Intelligence Platforms to Surge as Companies Require Advanced Threat Protection, New Insights by Frost & Sullivan

The volume, sophistication, and diversity of cyber threats are unrelenting problems for companies’ internal information security teams. The combination of escalating cyber risks and security personnel shortages propels market demand and presents challenges for organizations.

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Worldwide CIO Agenda 2021 Predictions from IDC: Key Actions That Will Define Recovery from Turbulent 2020

As the COVID-19 pandemic unfolded, CIOs faced epic challenges and the road to recovery stretches ahead. For many business leaders, recovery isn't just a return to their former state, but a top to bottom rethinking of what business they need to be in, and how they must be run.

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Six Forces That Will Impact Tech Providers Through 2025, Identified by Gartner

Six forces in the IT industry will present a fundamental threat to technology and service providers (TSPs) through 2025. “Forces outside of a TSP’s control demand a response – adapt to thrive or struggle to survive,” said Rajesh Kandaswamy, research vice president at Gartner.

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Technology Risk Quantification Will Play a Critical Role in Effectively Managing the Risk that Comes Along with Transformation Initiatives – KPMG LLP

As organizations across geographies and industries accelerate the deployment of business transformation initiatives, a growing number of executives are exploring how risk quantification can be harnessed to optimize new investments in systems, applications and infrastructures to achieve mission-critical objectives in a safe and secure manner.

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High Adoption of Telematics and Digital Retailing to Drive the Recovery of Global Commercial Vehicle Market, Finds Frost & Sullivan

Frost & Sullivan’s recent analysis, COVID-19 Growth Impact Assessment for the Commercial Vehicle Industry, shows that digital and connectivity services will significantly influence market recovery post-COVID-19 as telematics services, automated digital freight brokerage solutions, and digital retailing are expected to thrive.

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Global Big Data Analytics Market to Grow 4.5 Times by 2025, Powered by Data Security Requirements says Frost & Sullivan

Frost & Sullivan’s recent analysis, Global Big Data Analytics Market Fueling Artificial Intelligence, 2020, finds that the demand for Big Data Analytics (BDA) will surge exponentially. Data security is a prime concern across sectors with the increasing deployment of the Internet of Things and proliferation of devices, which create copious amounts of data.

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