Book Image

Managing Risks in Digital Transformation

By : Ashish Kumar, Shashank Kumar, Abbas Kudrati
5 (1)
Book Image

Managing Risks in Digital Transformation

5 (1)
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)
1
Part 1: Invisible Digitization Tsunami
Free Chapter
2
Chapter 1: Invisible Digitization Tsunami
7
Part 2: Risk Redefined at Work
16
Part 3: The Future

Innocent intent

The innocent employee can be ignorant of the dangers lurking around, as the following figure shows:

Figure 6.1 – A student unwittingly helping someone copy from their paper

Figure 6.1 – A student unwittingly helping someone copy from their paper

An innocent indiscreet is, by prototype, a persona very omnipresent across all kinds of companies. You are, on average, more likely to be this persona than any other that follows. For the sake of this discussion, let us personify this innocent indiscreet persona and call her Ingrid. Ingrid is friendly, hardworking, yet affable, and has a sense of ownership over the company. She loves her company and her own work and has a good relationship with all her co-workers. Ingrid works for AGeneralExample Inc, a company that sells sports and collectible merchandise both through leading e-commerce and physical retail stores and through its own website. Ingrid is a designer, and her designs are a key factor in many of the top models that are sold by the company.

For us...