Summary

In this chapter, we explored both the SDLC and emerging technologies to get a comprehensive understanding of how technology can be developed and utilized to meet the needs of modern businesses. We learned about the various phases of the SDLC, including initiation, development, implementation, maintenance, and disposal. As a risk manager, you will be responsible for knowing about these stages and closely working with the SDLC team to ensure that sufficient controls are implemented at each stage. We also learned about the emerging technologies that are changing the world, such as BYOD, IoT, AI, blockchain, and quantum computing. These technologies have the potential to significantly impact several industries, and risk managers will need to adapt to stay relevant in this rapidly evolving field.

In the next chapter, we will learn about information security and privacy principles.