
Sample Post 4
We’ve all heard about the increasing importance of cyber security but do you really need it? A big mistake I’ve seen many projects make is spending too much on cyber security.
Cyber security risks are often severe. Planes can fall out of the sky, you could lose lots of money or your company could face severe reputational damage. The problem with risk management in organisations is that programme managers need to be open about the impact before they act upon it. If the risk has an unacceptable impact – because it’s clearly not something the organisation would want to tolerate – you then need to do something about it. Yet, you might not have the ability or budget to do this yet, so exposing the risk makes you look bad. Naturally, therefore, programme managers often don’t want to talk about severe risks, especially if the project needs stakeholders to approve more funding.
Unfortunately, it’s all too easy to hide risks if effective management isn’t in place. Two techniques for hiding risks are Bury and Deny.
Cyber security risks are often severe. Planes can fall out of the sky, you could lose lots of money or your company could face severe reputational damage. The problem with risk management in organisations is that programme managers need to be open about the impact before they act upon it. If the risk has an unacceptable impact – because it’s clearly not something the organisation would want to tolerate – you then need to do something about it. Yet, you might not have the ability or budget to do this yet, so exposing the risk makes you look bad. Naturally, therefore, programme managers often don’t want to talk about severe risks, especially if the project needs stakeholders to approve more funding.
Cyber security risks are often severe. Planes can fall out of the sky, you could lose lots of money or your company could face severe reputational damage. The problem with risk management in organisations is that programme managers need to be open about the impact before they act upon it. If the risk has an unacceptable impact – because it’s clearly not something the organisation would want to tolerate – you then need to do something about it. Yet, you might not have the ability or budget to do this yet, so exposing the risk makes you look bad. Naturally, therefore, programme managers often don’t want to talk about severe risks, especially if the project needs stakeholders to approve more funding.
We’ve all heard about the increasing importance of cyber security but do you really need it? A big mistake I’ve seen many projects make is spending too much on cyber security.
We’ve all heard about the increasing importance of cyber security but do you really need it? A big mistake I’ve seen many projects make is spending too much on cyber security.
We’ve all heard about the increasing importance of cyber security but do you really need it? A big mistake I’ve seen many projects make is spending too much on cyber security.