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Managing Risks in Digital Transformation

Managing Risks in Digital Transformation

By : Ashish Kumar, Shashank Kumar, Abbas Kudrati
4.6 (9)
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Managing Risks in Digital Transformation

Managing Risks in Digital Transformation

4.6 (9)
By: Ashish Kumar, Shashank Kumar, Abbas Kudrati

Overview of this book

With the rapid pace of digital change today, especially since the pandemic sped up digital transformation and technologies, it has become more important than ever to be aware of the unknown risks and the landscape of digital threats. This book highlights various risks and shows how business-as-usual operations carried out by unaware or targeted workers can lead your organization to a regulatory or business risk, which can impact your organization’s reputation and balance sheet. This book is your guide to identifying the topmost risks relevant to your business with a clear roadmap of when to start the risk mitigation process and what your next steps should be. With a focus on the new and emerging risks that remote-working companies are experiencing across diverse industries, you’ll learn how to manage risks by taking advantage of zero trust network architecture and the steps to be taken when smart devices are compromised. Toward the end, you’ll explore various types of AI-powered machines and be ready to make your business future-proof. In a nutshell, this book will direct you on how to identify and mitigate risks that the ever- advancing digital technology has unleashed.
Table of Contents (22 chapters)
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1
Part 1: Invisible Digitization Tsunami
Lock Free Chapter
2
Chapter 1: Invisible Digitization Tsunami
7
Part 2: Risk Redefined at Work
16
Part 3: The Future

Going Digital

As I sip my coffee, I check through my phone calendar for any upcoming meetings. I will be joining a Microsoft Teams meeting in seven minutes and am worried about the noise of drilling coming from the construction site nearby. I worry I may have to mute myself when not speaking on the call. But to my amazement, I discover that the Microsoft Teams software cancels out all background noises, including the sounds of drilling machines and hammering, saving me the stress, effort, and distraction of having to mute and unmute myself during the call.

What a breeze! Now, I start thinking that if intelligent software can cancel out noise, then could it also add noise such as the sound of traffic, an arriving train, or ambient airport sounds? I could fool someone into thinking that I am at the train station while I am taking a call from my home or a cafe. This can also extend to connecting with people online. Although I don’t know the mobile numbers of my friends by heart...

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