Risky Business – Why You Need an IT Risk Strategy

Having an IT risk management plan and strategy is a key part of running a business, organization or school. If you don’t have one, you need to start making it today. Dependence on technology is part of running a business or organization today, but with it comes a lot more points of failure or difficulty.

Risk management in IT is a two-part deal. The first part is taking time to identify all the risks technology brings to your organization. The second part is developing a plan to mitigate those risks. Completing an annual review of both of this ensures things stay up to date.

Some areas of risk you should be considering are:

Hardware Points of Failure – what systems are critical, and what will you do if one goes down?

Platform Risk – are the online platforms you’re using reliable, backed up, private and secure? Do you have signed Service-Level Agreements?

IT Staff – are you prepared if an IT staff member quits, is fired, has to be out long-term, or is otherwise unavailable? Do you have passwords for your systems and equipment somewhere accessible to more than just IT?

Data Safety – Do you have security, privacy and data loss protection plans? Do you have plans for what to do if a data breach or ransomware occurs? What about paper-to-digital transition plans?

Opportunity – Do you have plans to stay up to date with tech? Falling behind can cost business, donations or students

These are just some of the examples of risks that should be evaluated and planned for mitigation. Downtime, data loss, or poor use of technology can cause customers to consider moving to a competitor for their business.

At LeadershipOne Technologies, we firmly believe in IT risk management evaluations and plans to protect against unexpected occurrences. With so much data being digital and so much reliance on IT systems, having plans to protect your organization and how to handle issues if they do happen are a part of doing business today.

We would love the opportunity to help you analyze and plan for IT risk management. Having led technology at a senior level for nearly fifteen years, we know what to look for and consider with IT to reduce your risk of a major problem. Contact us today and lets get a plan developed just for you!

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