Risk management is becoming increasingly complicated, thanks to the growing volume and complexity of security threats, and it is leaving many organizations awash in security risk data without the means for assessing or contextualizing its potential business impact.
According to a recent report from the ERM Initiative of North Carolina State University’s Poole College of Management and the American Institute of Certified Public Accountants (AICPA), two-thirds of 474 senior executives surveyed have recently experienced an “operational surprise” due to a risk they did not adequately anticipate. Worse, only 22 percent of respondents consider their risk management practices “mature” or “robust,” which represents a decline in maturity over the past two years.
Enterprise cloud…
