FOLIO Ontology

Information Technology Risk

IRI:
https://folio.openlegalstandard.org/R7xla5mpMCkDl1t6YAR0Eoh
Preferred Label N/A
Alternative Labels

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Definition

The threats and opportunities associated with an organization's capacity and sustainability of information technology, both the infrastructure and utilization of technological applications — including the potential for negative consequences arising from an organization's reliance on technology systems, infrastructure, and processes. This can result from technology failures, cyber attacks, data breaches, or inadequate IT management practices, potentially leading to operational disruptions, financial losses, reputational damage, or legal liabilities, ultimately impacting the organization's overall performance and competitiveness.

Class Relationships

Parent(s)

Is Defined By

https://www.canada.ca/en/treasury-board-secretariat/corporate/risk-management/taxonomies.html

See Also

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

  • None

Editorial Information

History Note

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Editorial Note

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Identifier

N/A

Deprecated

No

Source and Origin

No source or origin information available