Analysis
IT Risk Management
Results of our 2016 EMEA IT Risk Management Survey for Financial Services
The strategic importance of effectively managing technology risk has never been higher. Getting it wrong can cost a business not only it’s reputation but invaluable customer confidence and loyalty.
Our 2016 survey delves into the real issues facing IT risk professionals and indicates that these threats are pushing IT risk management firmly up the Board agenda.
We surveyed IT risk professionals across EMEA to comment on some of the key issues, risks and challenges they face in managing IT risk. Covering the three lines of defence, our findings gave us a unique insight into the different perspectives across these groups.
Technology is seen as a critical business enabler for driving growth, margin, and efficiency, but it also presents a pervasive risk that must be understood, and managed. Compliance with new and existing regulation was a clear leader in terms of focus with over 70% indicating this was a top priority for their executive. Many organisations still do not feel fully equipped to respond to the regulatory challenge, especially those with a global and multi-product footprint.
