In a relatively short space of time, organisations have become far more reliant on computers, networks and electronic data to run mission-critical elements of their operations.

Risks surrounding IT, such as network failure, lack of resources and skills, hacking and viruses, and poor system integration, have the potential to have a greater negative impact on an organisation than in the past.

Critical questions you need to consider

• Is the issue of IT failure and serious data loss addressed in your business continuity plans?
• Have you experienced problems with viruses that could have been avoided with better IT security/management?
• Are you overly dependent on a supplier for technology?
• Do your competitors have an edge over you because they use better systems?
• Do you have unnecessary financial risk associated with the licensing of technology from manufacturers and suppliers?