Professional Documents
Culture Documents
T )
M.B.A -Information Management
rajunair@consultant.com
1
Summary Cost Analysis
Threat
Conclusion
Keys to Success
• Executive sponsorship
• Risk management stakeholders
• Organizational maturity
• Atmosphere of open
communication
• Holistic view of the organization
• Authority throughout the
process
2
Informationtechnology (IT) plays critical role
in supporting business objectives
3
Threat of I.T frauds Most affected computers
Vulnerable Safe Mumbai Chennai Rest of India
8%
39% 37%
92%
24%
Source: www.theeconomictimes.com
Dated:19 Sep 2009
4
Executive sponsorship
Well-defined list of risk management stakeholders
Organizational maturity
Atmosphere of open communication
Teamwork
Holistic view of the organization
Authority throughout the process
5
Senior management
6
Includes
• Core team
• Executive sponsors
7
Calculate organization's maturity level
8
Staff
and managers instinctively seek to drive
the process toward outcomes that will benefit
them and their parts of the organization.
9
Team members must be empowered to meet the
commitments assigned to them
Empowerment requires
• Team members are given the resources necessary to perform
their work
10
Relative
values and costs of each control will
be compared rather than absolute financial
figures
Communication
Costs to
Implementation Productivity and
Convenience
Auditing and
Acquisition Costs Verifying
11
Proactive approach
12
13