Risk Management
The Information age has ushered in a fundamental shift in how organizations safeguard those things essential to their success. Having an offsite backup copy of key data has long been a standard in managing the risk of failure or loss. More recently, cloud computing has promised greater availability through greater distribution and a broadly integrated network
Even with these precautions, failures are still possible. One only has to look to highly publicized natural disasters and hacking incidents to see the possibilities. These failures are an indication of the complex inter-relations of modern technology systems and the tight budgets that make operational oversight difficult
To illustrate:
CupitorConsientia offers a way to manage the full array of risk management issues without the complexity and cost of multiple siloed systems. Our solution will assist organizations of all industries and sizes to build a comprehensive and detailed plan that addresses threats that are unique to your business circumstance
Even with these precautions, failures are still possible. One only has to look to highly publicized natural disasters and hacking incidents to see the possibilities. These failures are an indication of the complex inter-relations of modern technology systems and the tight budgets that make operational oversight difficult
To illustrate:
- 80% of business affected by a major incident never reopen or close within 18 months (AXA 2007 Report)
- 80% of companies without well-conceived data protection and recovery strategies go out of business within 2 years of a major disaster (http://www.datmgm.com.... )
- 70% of small businesses that experience a data loss go out of business in a year (http://www.score.org/pdf/.... )
CupitorConsientia offers a way to manage the full array of risk management issues without the complexity and cost of multiple siloed systems. Our solution will assist organizations of all industries and sizes to build a comprehensive and detailed plan that addresses threats that are unique to your business circumstance