In the wake of social unrest and the pandemic, security has become a focus for business leaders. To meet the unique demands of the pandemic, companies are rapidly enacting digital transformations that are allowing them to continue operations in the new environment.
Security teams play a critical role going forward, and can enable that digital transformation in four key ways:
Review your organization’s risk profile
Ensure your operational risk appetite suits the current climate and that security is aligned to new business priorities, and is focused on managing risks to the new strategy.Automate monitoring functions
In times of upheaval, compliance rates and risk monitoring can become lax. This leads to bigger issues down the road. Automate these processes to build resiliency and protect the business.Upskill the security team
Ensure your team has the right know-how to manage the flow of information and extract metrics and insights from data. Adapt governance processes and controls to suit new demands.- Build strong partnerships
Collaboration is crucial to resilience, so set up the structures needed to ensure security is working closely with the broader risk management functions.
We adapted information from an article in Risk Management Magazine by Brian Schwartz
