The Importance of a Risk Management Framework

May 31, 2022

 

 

John Ogie Sheehy and Erin O' Hern from ViClarity,discuss how important it is for organisations to adjust to regulatory risk changes in real-time. Risk management is an ongoing process. Business leaders must create a structure that ensures important risk-based decisions are made by the right people, those who will be held accountable for the consequences – good or bad. 

A risk management framework creates a visual road map of security procedures that should be addressed in order to mitigate risk. It can assist a company in determining the maturity of the security controls it has deployed. A clear guideline highlights that you've done your homework when it comes to protecting your customers' data, which is extremely important. 

Learn more on how ViClarity can help you implement technology to mitigate risks in real-time. 

Risk Management Solution

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