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

Summary

In this chapter, we saw the types of risks that a modern organization can be exposed to by its employees. We can categorize the personas of such employees into five buckets – the innocently indiscreet, the too-good Samaritan, the Machiavellian, the avenger, and the clandestine. The understanding of these personas will help you understand the type of risks that employees or participants can expose a company or an institution to. The demand of the modern age, especially in the post-pandemic transformed world, is for the leaders and shapers of these institutions and companies to proactively mitigate these risks.

In the next chapter, we shall go through the workplace from the perspective of modern collaboration. The knowledge of these personas in the workplace will be a good contextual cue for you as you go through that chapter.