Addressing IT Risks of Software Applications: A Risk Management Strategy

Overview

As companies increasingly depend on software applications to enhance operations, the business impact of a broad range of IT risks concurrently rises. This whitepaper describes an IT risk management strategy for applications. Key aspects of this strategy include developing an awareness of various types of IT risks related to applications, quantifying the potential business impacts of application-related IT risks, and building an institutional capability to manage this IT risk. The paper then outlines how SymantecÂ’s advisory consultants support organizations to address their IT risk management needs for applications.