The Impact of Digitalization on Your Enterprise Risk Profile

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Presented by

Carole Switzer, Co-Founder and President, OCEG; Scott Ferguson, Director Outbound Product Management, ServiceNow

About this talk

In this webinar we take a detailed look at findings of recent OCEG research on the impact of digitalization on the enterprise risk profile and discuss methods for addressing digitalization risks. In a recent OCEG research survey sponsored by ServiceNow, 80% of respondents indicate that digitalization is a strategic business objective in their organizations today and 61% believe their risk profile has changed or will change significantly due to risks created by digitalization We have seen that digitalization efforts have been rapidly accelerating over the past 18 months, partially in response to the COVID 19 pandemic. Digitalization means taking advantage of the ability of digital technology to assist in collecting and analyzing data, establishing trends, and making better business decisions. While digitalization enables better control over data, it also presents new and challenging risks. Given the rapid changes taking place, it is essential to address these new risks during the change process and not let them fly under the radar. Join us in this webinar for a detailed look at findings of the research and learn about methods for addressing digitalization risks. Learning Objectives: - Review research findings on how peers are managing digitalization risk - Identify risk impacts of digitalization - Outline how to identify and assess digitalization risks - Establish standard methods for identifying and risk ranking the affected critical business processes and associated business units - Use risk management technology to manage digitalization risk

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ServiceNow helps power your resilient business with risk-informed decisions integrated across the enterprise so people and organizations work better together. The Now Platform® breaks down silos by bringing together security operations, governance, risk, and compliance with IT, employee, and customer success workflows on a single platform, with a single architecture using a common data set. The Now Platform enables you to identify and prioritize enterprise risks, compliance issues, security incidents, and vulnerabilities more quickly than ever—and with new certainty. You’re able to monitor and reduce your risk exposure with real-time visibility. And you respond faster using workflows, automation, and orchestration.