IT GovernanceRisk Management

When Risk Management Fails

A Rogue Trader at UBS AG is responsible for around 2 billion dollars (USD) being lost due to unauthorized trading. Mary Jander uses this event to illustrate the need for a sound, responsive risk management plan. Citing surveys showing and IT industry wide lack in the budget to create risk related challenges, Jander explains how this incident could potentially shed more light on the need of business to take IT risk seriously.

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