Given
most organizations have limited time and resources, many may not fully
appreciate the need for assessment and planning. However, technology
affects employment practices, volunteer recruitment, fundraising,
crisis management, copyright, security, privacy, client protection and
insurance coverage, by putting in place processes to reduce or
eliminate the risk, we can lessen the potential impact to the
organization.
In
short, technology risk management is essentially loss management. When
a hard drive containing all of the donor data, grant funding
information, or financials crashes and there are no backups available,
the time and resource required to re-build/recover the information
would be devastating to an organization.
