IT risk is the business related risk caused by the use of IT within the organisation. IT risk is the combination of events related to IT and the business consequences they bring and the frequency of these events occurring. In reality, IT risk is business risk
The varying nature of IT risk is delivery risk and value risk.
- IT Delivery risk : events relating to the successful delivery of IT services, usually bringing destruction or reduction of value to the organisation
- IT Value risk : events relating to the successful contribution of IT to business initiatives
Discover the Risk IT framework, launched by ISACA.