Issues

Search Issues

Corporate Governance

Financial Services

Healthcare

Corporate Governance

Information technology governance

New and emerging technologies enable companies to become more efficient and capture competitive advantage – but they also create significant risks. The complexity of IT systems and projects is increasing. Proliferating policies are hard to monitor. Costs and benefits of new technologies are difficult to evaluate, even as advanced IT services like cloud computing are becoming increasingly easy for business units to purchase independently. The lines between corporate and personal technology are blurring. Most ominously, cyber attacks have matured into persistent, often state-sponsored threats to businesses in nearly every industry.

Leading audit committee chairs are discussing how the board’s and audit committee’s roles in IT governance are changing to keep pace with advances in technology. Read more about their top concerns, successful practices, and lessons learned.

Explore this issue:

  • The board and audit committee's role in IT governance

    One member said, “IT is one of our [company’s] biggest advantages, but it’s really introduced a lot of risk that the board isn’t used to overseeing.” Members explored IT trends and described practices to ensure effective board and audit committee oversight.

  • Audit committee oversight of IT risk

    Members were joined by chief information officers from several of their companies to discuss best practices for managing the risks introduced by new technologies, including cloud computing and social media.

  • The challenge of overseeing IT risks and governance

    An essential component of most business operations, information technology presents both risks and opportunities for large, global companies and boards attempting to navigate its complexities.  Members discussed several aspects of IT and its oversight.  

Copyright © 2012 Tapestry Networks, Inc.   |   Privacy Policy   |   Terms of Use   |   Design and development by RainCastle Communications.