Responsibility for Risk, Security and Compliance
Embed ownership and responsibility for IT-related risks within the business at an appropriate senior level. Define and assign roles critical for managing IT risks, including the specific responsibility for information security, physical security and compliance. Establish risk and security management responsibility at the enterprise level to deal with organization-wide issues. Additional security management responsibilities may need to be assigned at a system-specific level to deal with related security issues. Obtain direction from senior management on the appetite for IT risk and approval of any residual IT risks.