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Reducing Technological Risk

Are we protected from technological risk ?

Technological risk is defined as the evaluation of all manner of impact on a company’s business continuity due to technological deficiency or irregularity. Although the elements that contribute directly to technological risk are very concrete, its effects remain subjective, and depend on the level of tolerance to risk on the part of the company’s management.

Why invest in the reduction of technological risk? Contrary to general or civic liability insurance coverage, technological risk cannot be transferred to a third party in exchange for a regular payment (premium). However, technological risk is statistically much higher than other risks. An insurer can cover certain damages caused by a loss that is covered by general insurance (fire, theft, flooding, etc.), but many negative impacts on business continuity are not covered.

Here are some sources of technological risks that are not covered by insurance, with their effects on the company

 
 
 
Source of Risk
 
Impact
 
 
Infection of one or more workstations or servers by a virus, Trojan, worm or other type of computer infection   Equipment slowdown, inaccessibility, inoperability or data erasure
 
 
Erasure or deletion of data by users   Investment of time to find and reinstate one or more files
 
 
Power outages and variations   Any electrical variation can affect the future stability of equipment and increase the risk of physical breakdown
 
 
Unexpectedly reaching the limit of a hardware resource (processors, memory, hard disk space)   Slowdown or paralysis of server usage at any time
 
 
Undesirable intrusion by an external user   Spying, theft or destruction of confidential or sensitive data
 
 
Remote access by unauthorized users   No control over network access by former employees
 
 
Local access by unauthorized users   No control over access to confidential or sensitive corporate data
 
 
Freezing or physical breakdown of equipment   Inaccessible or inoperative equipment
 
     
 

Oriso offers a complete analysis of your technological risk, and evaluates the best technological choices and procedures that should be put in place to reduce this risk.

 
     
     
 
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On January 1, 2007, Oriso officially launched its new outsourcing and hosting service, “iGOvirtual™”, on the www.igovirtual.com website.

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  Business Partner : Coginov
 

Oriso is proud to present Coginov, our business partner in technology. Coginov is a group of expert advisors who excel in the management of special projects.

 
   
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