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IT Risk Management Programs, and risk management investments in general, rarely leave senior executives confident that they have truly reduced risk and created value for the business. For decades, risk management practitioners have focused on mitigating risks as they are identified, rather than starting with a top down view of the business.
In the context of IT and operational risk management, this is no longer an effective process given the increasing reliance upon IT infrastructure, the increasing complexity of the technology, the increasing weight of regulatory compliance, and the corresponding increase in potential impact to the business (or entire industry) that known or unknown vulnerabilities may cause.
Currently, there is a groundswell of support for Enterprise Risk Management (ERM) which is beginning to bring focus to the concept of a business-oriented view of risk management. Nonetheless, IT risk management maturity remains elusive for most companies.
The challenge now lies in how to move beyond the rudimentary processes of respond and react, toward a holistic approach to IT risk management that delivers the business value sought by senior executives. In response to this challenge, the founders of Fusion Risk Management have developed the innovative methodology and software platform known as the Fusion Framework™.
The Fusion Framework brings together the practices of IT Risk Management, Governance and Compliance in terms of business objectives to deliver a framework for decision-making that encompasses both tactical and strategic considerations. Senior executives gain an ongoing business-oriented view of their IT risk management program, while managers gain prioritized objectives, justification for budget requests, and action plans for remediation.
Learn more about Fusion Risk Management
Contact Fusion Risk Management today to schedule an executive briefing on the Fusion Framework methodology and software platform.
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