Security Barometer - Centralized Risk Repository
A centralized repository of risks provides a robust foundation for an effective risk management program. The Security Executive Council, the premier provider of services to the top tier of security and risk management practitioners globally, has performed extensive research around generating business value from risk management. This latest Security Executive Council quick poll covering centralized risk repositories shares some enlightening results.
While it is clear that the organization benefits from a risk repository, your personal career can also be enhanced through the necessary interaction with various business groups. Take the time during this process to learn and understand the business. Further insight will be gained from the analysis and utilization of the contents of the repository. The best way to create the repository is to get IT, Safety, Audit and the rest of the business to contribute to and collaborate on the work. If done well, your leadership will come to see the value you and your security and risk management team brings to the organization.
As a resource of expert experienced advice, the Security Executive Council is the number one provider of products and services to security and risk mitigation executives. If you are looking for ways to increase the value your team provides to your organization please contact us.
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