Nemertes Issue Paper: Chief Risk Officer - Balancing Risk and Reward

Nemertes Issue Paper: Chief Risk Officer - Balancing Risk and Reward

The Issue:

New technologies offer the possibility of business-process transformation and great
rewards – but they have significant risks, too. The enterprise must approach the
decision to implement such a technology not as a question of whether it can be done
safely, but rather safely enough to justify the reward. Balancing the risk against the
reward is essential, but not likely in an environment where security is focused on
threats and responses, and the security function reports up through a CIO whose
main interest is in delivering business value. One way to resolve that conflict is to
elevate IT security out of IT and align it instead with corporate risk management,
changing the CSO into, in essence, a Chief Risk Officer.

Read this Issue Paper:

Clients - Balancing Risk and Reward


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