In response to the COVID-19, shelter-in-place orders have forced a sudden pivot to remote work. This unexpected and dramatic shift has often stretched tech capabilities to the limit, challenging risk-control programs through various new or increased exposures in a variety of technology areas.
Vivek Mehta, Nicole Lauer, and Josh Galvan, all partners in KPMG’s Technology Risk Management practice, discuss how technology risk leaders working in the front lines of the pandemic response can bring tech risk insights and stability to the business for sustained operations in the immediate term, and transformational value in the longer term.
Topics addressed include:
- what factors are triggering increased technology threats
- how a “reverse business continuity plan” can help design the next phase of recovery and prepare for future continuity challenges
- why tech risk programs of the future must balance risk, control, compliance, and value
- how the shift to digital will assist technology risk detection, related controls design and monitoring
- why it is important to engage and collaborate with third-party technology providers for continuity benefits during this time and into the future
- how the tech risk profession will accelerate the transition to trusted advisor creating value through shared data, insights and recommendations across the risk ecosystem.
COVID-19: Responding with resilience and readiness