Category: KRI Examples

Key risk indicators for information technology can be utilized for a wide variety of industries, but for this post we will be focusing on KRIs for IT departments within the banking industry. Banks today are heavily integrated with technology to connect with their customers and because of this, privacy breaches are a very real risk. For financial services organizations, a technology failure due to a cybersecurity breach or a service outage can have a devastating impact on the business and its customers. A failure can cause reputational damage, legal liability,…

A Comprehensive List and Library of Key Risk Indicators with Definitions for Information Technology and Information Security Technology risk in modern day business can be seen in news headlines on a daily basis. Data breaches from large corporations can drive stock prices down by 30-50% in one trading day. Recent big headline data breaches of customer data include; Target in 2013, Experian in 2017, and now Facebook in 2018. Implementing and closely tracking the right IT and IS key risk indicators can help reduce the risk for your company. (Be…