Technology Risk Services

In today's global economy, organizations increasingly depend on Information Technology (IT). The consequences of IT failures and interruptions can be disastrous and result in compromised information security, loss of revenues and threaten customer relationships. While some organizations may invest in full IT resilience, many are unprepared with the absence of a business continuity plan.

Even though an organization may have a plan, there can still be ineffective IT governance and controls in place. Exposing their organization to data corruption, security vulnerabilities and non-compliancewith financial reporting requirements and privacy legislation. According to a recent Computer Security Institute annual survey,* over 40% of respondents have experienced a security breach in the past year. The same study reported that the average cost of dealing with a loss of propietary information or personal information is $241,000. The damage to an organization's reputation would be far greater.

Our technology risk experts can help you identify and address enterprise issues, improve business performance and assist you with:

• IT Governance & Strategy
• Information Security & Privacy
• IT Controls Evaluation, Design & Implementation
• Control Assurance & Framework Alignment

To find out how MNP can help you, please contact your local MNP advisor or call Trac Bo, CA, CISA, CGEIT, Technology Risk Leader at 403.537.8396 or any member of our Enterprise Risk Services team.

*Based on responses of more than 522 business and security professionals, with 40% directly from individuals titled CSO, CISO or Security Officer.