Emerging technologies
Emerging technologies have the potential to revolutionize the way we live, work, and interact with each other. Some of the emerging technologies that are likely to have a significant impact on the world in the near future include AI, IoT, and blockchain. Risk managers should keep themselves abreast of these latest trends and technological innovations to support the business by mitigating the potential risks when the organization decides to implement such a technology. In the following sections, we discuss some of these technologies, the associated risks, and some controls that the risk manager should be aware of as these emerging technologies become mainstream.
Bring your own device (BYOD)
BYOD refers to the policy of allowing employees to use their personal devices to access company resources such as networks and data. BYOD has several benefits for both employees and employers. For employees, it offers greater flexibility and convenience, allowing them...
