How to do risk management in information technology

Preface

Information technology plays an important role in the development of financial business.In recent years, financial institutions have successively introduced the concept of technology leadership in strategic planning. As information technology practitioners in financial institutions, we firmly believe that information technology is a very useful tool, a tool that combines product thinking and management thinking, and has the ability to increase quality and efficiency.

If this tool is well utilized in the business development of financial institutions, it can help the business department to ride the wind and waves, advance bravely, and create fruitful results in the process of market development; if the tool of information technology is not used properly, it may lead to the failure of information technology. Risks not only harm the business development of financial institutions, but may also undermine the security of the financial industry and the stability of the national financial system. Information technology risks have even become the only important risk that may paralyze all banking operations in an instant.

So how to make full use of information technology to empower the business development of financial institutions and at the same time do a good job in information technology risk management of financial institutions? This book"Information Technology Risk Management: Compliance Management, Technology Prevention and Control and Digitalization" will definitely help you.

introduce

This is a book that can systematically guide banks and other financial institutions to effectively manage information technology risks and thereby enhance business value. It is a summary of the work of five senior banking technology workers in the past 20 years, bringing together their valuable experience in large commercial banks, joint-stock banks, and city commercial banks.

of this bookideaIt is: "Calmly control technology risks and let compliance create value". It comprehensively analyzes and explains the regulatory rules, compliance requirements, technical solutions and implementation methods of information technology risk management from the two dimensions of compliance management and technology prevention and control. , which can be used as a standard reference book for information technology risk management.

Compliance management level : Based on an in-depth analysis of the regulatory requirements for information technology risk management and the rich experience of the author team, this article summarizes information technology governance, information technology risk management, Methodology and implementation requirements in eight major areas: information technology audit, information security management, information technology development and testing, information technology operation and maintenance, business continuity management, and information technology outsourcing management.

Technical prevention and control level: A detailed explanation of the automation and intelligent implementation plans in the above eight major areas from the dimensions of business architecture, technical architecture, function realization, expected effects, etc.; in addition In addition, it also explained the application of information technology in the process of business risk prevention, as well as the current situation and challenges of independent control of information technology in financial institutions.

The purpose of writing this book is not to make everyone become disloyal and fear information technology risks and stop eating because of choking. It is to enable readers to better use information technology to promote the business development of their organizations based on full knowledge and understanding of information technology risk management. If risk management is done well enough, it can often create more and better opportunities. I hope this book can help readers better manage information technology risks in their future work, strive to innovate in their own work, use information technology tools to promote the development of their organization's business, and create a more brilliant future.

Highlights

Compared with other books on information technology risks, the main features of this book are as follows.

• This book provides a comprehensive discussion on information technology risk management of financial institutions. This book provides a detailed and complete review and analysis of the eight major areas of information technology risk management of financial institutions, and provides unique insights.

• This book focuses on the combination of theory and practice, and its content is divided into two parts: compliance management and technical prevention and control. The first part analyzes and explains the regulatory requirements for information technology risk management, and summarizes effective methodologies. In the second part, based on the view that technical defense is better than human defense and combined with the latest developments in various fields of the industry, the informatization, automation and intelligent implementation plan of information technology risk management is proposed, and the implementation plan of information technology risk management in various scenarios is summarized. Best Practices.

• This book closely focuses on hot topics, discusses topics such as the booming development of financial technology technology applications and the independent controllability of information technology proposed in recent years, and provides a series of solutions that can be quickly implemented based on the author's business experience.

structure

• The first part is compliance management (Chapters 1 to 9), which mainly analyzes the information technology risk situation of financial institutions in the new era, and explains the eight major areas of information technology risk management of financial institutions one by one.

• The second part is technical prevention and control (Chapter 10-21). From the perspective of technical prevention and control, it explains the best practices of informatization, automation and intelligence of risk management in various subdivisions, and provides insights into the future of information technology risk management of financial institutions. An outlook was made.

Readership

• Senior managers of financial institutions.

• Chief Information Officer of a Financial Institution.

• Staff of business departments and information technology departments of financial institutions.

• IT service providers for financial institutions, etc.

Interested friends are welcome to go to JD.com to buy genuine paper books https://item.jd.com/13711569.html

The key to risk management of financial institutions is to gain the attention of relevant personnel at the top and bottom of the financial institution, inside and outside, and to conduct comprehensive risk management and control in all areas of the financial institution's information technology to avoid making mistakes. The purpose of writing this book is not to make everyone become disloyal and afraid of information technology risks and stop eating because of choking, but to enable readers to better use information technology to promote the business development of their organizations based on full knowledge and understanding of information technology risk management. If risk management is done well enough, it can often create more and better opportunities. I hope this book can help readers better manage information technology risks in their future work, strive to innovate in their own work, use information technology tools to promote the development of their organization's business, and create a more brilliant future.

The above is the opinion of this book. I will also talk about my personal opinion:

In the field of information technology, risk management is very important and can help organizations effectively respond to and reduce potential losses caused by various risks. Here are some key steps and approaches that can help IT departments manage risk:

1. Risk identification and assessment: First, possible risks need to be identified and assessed. This includes identifying potential risks to the organization’s technology systems, data security, cybersecurity and compliance, and assessing their impact and likelihood.

2. Develop risk management strategies: Based on the assessment results, formulate risk management strategies and policies suitable for the organization, and clarify goals and principles to guide the implementation of risk management. This can include determining risk acceptance levels, risk prioritization and risk treatment methods.

3. Risk Control and Mitigation: Implement appropriate control measures to reduce the occurrence and impact of risks. This may include technical measures (such as encryption, access control, backup and recovery systems), compliance controls (such as following relevant regulations and standards) and employee training.

4. Risk monitoring and reporting: Establish a risk monitoring and reporting mechanism to promptly discover and track potential risks, and provide accurate and timely risk reports to management and relevant stakeholders. This helps decision-makers understand the current risk profile and take necessary actions.

5. Contingency Planning and Resilience: Develop and implement emergency management plans to address the impact of emergencies and risks. This includes developing disaster recovery plans, backing up critical data, establishing redundant systems and conducting drills to reduce the risk of business disruption and improve the organization's resilience.

6. Continuous improvement: Risk management is an ongoing process that requires constant monitoring, evaluation and improvement. Through regular risk reviews and assessments, risk management strategies and measures are timely adjusted and improved to adapt to changing threats and environments.

It is important to note that risk management is not just a technical matter, but also requires close collaboration with other parts of the organization and stakeholders. Establish cross-functional collaboration mechanisms and ensure risk management is consistent with the organization's strategic goals and values.

To summarize, information technology departments should focus on risk identification and assessment, strategy formulation, risk control, monitoring and reporting, contingency planning and recovery capabilities, and continuous improvement in terms of risk management. Through comprehensive risk management measures, organizations can ensure safer and more sustainable operations and development in information technology.