Lumension Risk Manager

Risk Manager

IT Risk Management and Assessment: Business Issues & Challenges

Lumension Risk Manager: Most organizations have implemented a variety of operational and security controls to address today’s dynamic threats, but they lack the means to assimilate security data from multiple sources and continuously measure their security posture. Enterprise-wide visibility of IT risk posed by applications, devices, business processes, and users engaging with data is vital to ensuring continuous protection of critical business systems and information.

The ability to manage IT risk across the organization has traditionally been challenging, due to the inability to correlate data across disparate security products in the environment. Another challenge is the inability to identify, prioritize and communicate key IT risk and security metrics to senior management and line-of-business executives in a consistent and straightforward manner.

The failure to understand and communicate the business impact of IT risk across the organization can lead to business disruption, loss of sensitive information and non-compliance with both internal policies and external regulations. By aligning IT risk with business decision-making, IT and business leaders can effectively reduce business risk, minimize brand and reputation loss, and address initiatives that improve the business.