What are the key risks associated with IT technology governance and sustainability, and how can these be mitigated?
Best insight from top research papers
Key risks associated with IT technology governance and sustainability include threats to the environment, society, and corporate organizations. These risks encompass reputational risk, unequal access, environmental impact, online fraud, and data security breaches. To mitigate these risks, it is crucial to implement robust IT governance functions that focus on protecting data integrity, reducing environmental impact, and ensuring equal access. Additionally, the adoption of domestic technologies and software products can enhance cyber security and mitigate risks associated with illegal use of information technologies. By aligning IT governance with sustainable risk management practices, organizations can effectively manage environmental, social, and governance risks while supporting sustainable development goals.
Answers from top 5 papers
More filters
| Papers (5) | Insight |
|---|---|
| Key risks in IT technology adoption include innovation, information security, productivity decrease, budget changes, and skill shortages. Mitigation involves risk assessment, management throughout the project, and prioritizing risk groups. | |
27 Jul 2022 1 Citations | Key risks in IT governance include strategic alignment, performance, resource management, value delivery, and risk management. Mitigation involves aligning corporate strategy with risk controls for effective management. |
| Key risks include reputational risk, unequal access, environmental impact, fraud, and data security. Mitigation involves robust IT governance to ensure transparency, equal access, environmental responsibility, and data protection. | |
27 Jul 2022 | Key risks in IT governance include strategic alignment, performance, resource management, value delivery, and risk management. Mitigation involves aligning corporate strategy with risk controls for effective management. |
| Key risks include digital divide, privacy infringement, cyber insecurity, misinformation, and environmental footprint. Mitigation involves addressing governance gaps, promoting inclusivity, enhancing cybersecurity, combating misinformation, and reducing environmental impact. |
Related Questions
What are the most effective strategies for mitigating the risks associated with ICT in businesses?5 answersMitigating risks associated with Information and Communication Technology (ICT) in businesses requires a multifaceted approach. One effective strategy is to invest in cybersecurity solutions such as firewalls, antivirus software, and intrusion detection systems. Additionally, adopting a holistic risk management framework for third-party ICT services can enhance the effectiveness of mitigating actions. Educating employees about cybersecurity best practices is crucial in reducing vulnerabilities. Proactive education and increased awareness can help mitigate the risk of severe losses due to digital financial exploitation. Furthermore, codifying past knowledge of risk experts and developing policies and practices can assist ICT practitioners in systematically identifying and mitigating operational, technical, and strategic risks. By implementing these strategies, businesses can better protect themselves from the evolving threats in the digital age.
How effective is IT governance in mitigating risks associated with information technology?4 answersIT governance is effective in mitigating risks associated with information technology. It involves practices, culture, and policies that support IT management in controlling key functions such as strategic alignment, performance management, resource management, value delivery, and risk management. By extending the line of sight from corporate strategy to risk management, IT governance ensures that corporate risks are sufficiently controlled and managed. Many organizations rely on IT services, making the existence of a risk management model in IT governance essential. Additionally, IT governance frameworks, norms, standards, methodologies, and good practices contribute to obtaining results aligned with the organization's strategy. The activation of corporate governance and IT governance reduces the risk of financial and administrative corruption and improper practices, enhancing competitive advantage. Therefore, IT governance plays a crucial role in mitigating risks associated with information technology.
What are the hot topic in IT sustainability?4 answersFuture Sustainability Computing (FSC) is a hot topic in IT sustainability. It deals with algorithms, procedures, and applications of information technologies for abundant life. Another hot topic is the sustainable assignment model for outsourced IT services. This model optimizes overall costs under the fixed-price contract type of IT service. Energy efficiency and integration of renewable energy into IT systems is also a key focus. Algorithms are being developed to improve the sustainability of IT systems, such as scheduling delay-tolerant workloads and routing requests to geographically diverse data centers. Sustainable software engineering is another important area, aiming to create reliable, long-lasting software while reducing environmental impacts. The need to include sustainability in the university curriculum of computer science and software engineering is recognized. Resource management and reducing power consumption in IT systems, particularly in data centers, is also a significant concern.
What are the main security concerns for IT systems in society?4 answersThe main security concerns for IT systems in society include the protection of information and systems against threats, unauthorized access, and secret information disclosure. Other concerns include software threats, contingency response and disaster recovery, the impact of terroristic activities, access control provisions, data encryption, and integrity controls. Additionally, privacy issues in the information society, intrusion detection systems, and legal, ethical, and social issues of information security are also important concerns. The need for a "culture of security" is emphasized, which involves a focus on security in the development of information systems and networks, and the adoption of new ways of thinking and behaving when using and interacting within information systems and networks.
What the impact of Sustainability in the IT-Indusry?3 answersSustainability has a significant impact on the IT industry. Organizations are implementing sustainable practices in IT through Green IT initiatives, which aim to reduce the environmental impact of IT and promote sustainability in other areas. The IT industry accounts for approximately 2% of global carbon dioxide emissions, and data centers consume a significant amount of energy. Implementing IT sustainability programs can help reduce energy consumption, develop efficient technology products, and adopt recycling and reuse programs. Digital entrepreneurship, which relies heavily on IT, is seen as a more practical and cost-effective alternative to traditional brick-and-mortar firms. Enhancing digital entrepreneurship is crucial for the sector to be more user-friendly and sustainable. Measuring the sustainability of software architectures is also important for software sustainability, and sustainability indicators and composite indexes are used as tools for policy-making and public communication. In the IT industry, technologies such as cloud computing and virtualization are being explored to cut costs and increase efficiencies, with a focus on sustainability and reducing carbon footprint.
What are the challenges to implementing risk management governance in organizations?3 answersيواجه تنفيذ حوكمة إدارة المخاطر في المنظمات العديد من التحديات. يتمثل أحد التحديات في تعقيد مشهد أنظمة معلومات المنظمة والتغييرات المتكررة في البيئات التنظيمية والتنظيمية، مما يجعل من الصعب توثيق الحالة الحالية للمنظمة. التحدي الآخر هو الحاجة إلى وثائق عالية الجودة، والتي يعتمد عليها صانعو القرار ولكنهم يكافحون للحفاظ عليها عند المستوى المطلوب لفترات طويلة من الزمن. بالإضافة إلى ذلك، يجب أن تصبح إدارة المخاطر جزءًا لا يتجزأ من طريقة عمل أي منظمة، بدلاً من فصلها عن الأنشطة اليومية. إن عدم اليقين بشأن التهديدات والفرص يستلزم أيضًا إدارة المخاطر في حوكمة الشركات، حيث يجب على المديرين إدارة التهديدات والاستفادة من الفرص لتحقيق الأهداف التنظيمية. أخيرًا، يتطلب التنفيذ الناجح لإدارة المخاطر معالجة التحديات الخاصة بكل منظمة، كما هو موضح في مراجعة الأدبيات التي أجريت.