Date Added: Mar 2013
Information is an important key business asset, which can exist in many forms, it involves various risks and it is essential that is suitably protected. Therefore, it requires the involvement of proper management ensuring that information assets are sufficiently secured and controlled. Truth is that the risk management discipline has received increasing attention in recent years due to increased regulations, ongoing changes and greater economic volatility that all affect the business environment. The purpose of a proper risk management action is to ensure transparency at all levels of the organization by taking the appropriate measures to reduce costs and manage financial, organizational and personal risk all at once, satisfying business objectives.