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IT Risk
IT risk refers to the potential threat posed by either intentional or uninentional misuse or failure of a business' IT structure and equipment, whether by hackers, phishing attacks, or even data theft conducted by employees.
What Small and Midsize Businesses Need to Know About IT Risk
Any business with a computer system or tools has some degree of IT risk and vulnerabilities. Small businesses should aim to reduce their level of risk via measures such as antivirus software, employee training, and regular IT/network checks and audits.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business
