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Enterprise Security Magazine | Wednesday, December 30, 2020
Risk management is the identification, assessment, and prioritization of risks followed by minimizing, monitoring, and controlling the effects of risk realities.
FREMONT, CA: Risk is prevalent in every sphere of life both at work and in personal lives. Risks are anticipated continuously in mind to determine what steps should be taken to try and prevent these risks from negatively impacting. Every business organization has risks that are unique to their environment. Hence, business organizations' success and operability depend on how well they manage the risks at the organization. Risk management is vital to the IT infrastructure; it is essential to start planning a course of action.
Here are three best practices to keep in mind for risk management.
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Start By Developing a Basic Risk Management Strategy
Risk management requires a systematic approach to controlling risks, which is why it's crucial to develop a game plan ahead of time. People working in IT will know they can't always watch over employees to avoid all risks associated with the IT infrastructure they use. For instance, an employee might install unauthorized software from home or forget installing critical security updates.
Fortunately, in the modern IT environment, help desk or service desk software often includes risk management features. These features not only help to detect these types of risks automatically, but also provide a good starting point when thinking about how to prevent them. A typical starting place for identifying risks is to scan or discover hardware and software on your network. This helps set the wheels in motion for another best practice for understanding risks: asset management.
Behold the Power of Data
An IT asset management solution is only useful if the data that it can provide is made to use. No matter the data type or source, having this information handy and using it to make decisions can help uncover potential risks, one might otherwise not be aware of.
From a service desk standpoint, leveraging asset management data is one way to do this and can help to collect a variety of user data on just about anything.
Detect and Remove Unauthorized Software
Shadow IT practices—like employees downloading applications without the IT department's knowledge—are seemingly harmless activities that can create risk in an organization, unless they have a way to know what's going on. Automatic risk detection can eliminate the inconvenient task of walking around to inspect each employee's machine (which, unfortunately, I've experienced in some companies) to check for software license compliance. If the IT department is still in manual risk detection mode, this type of automation can be a huge timesaver.
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