Institutions of higher education (IHEs) are besieged by risk, especially cybersecurity and information security risk. Risk management for these institutions is critical but also extremely challenging, like trying to juggle balls and lighted torches all at once. Colleges and universities are worlds in themselves, providing not only classroom learning but health care, living quarters, meals, athletics, entertainment, research opportunities, and more to students, faculty, and staff. To pull it off, higher education institutions must collect a lot of personal data such as health records, financial information, scholastic records, and insurance information. These are the details that enable colleges to meet the needs of so many people every day. But possessing all this data makes every college and state university an…
Tag Archive: ERM
Enterprise risk management involves reviewing internal and external risks to your organization and determining your tolerance and controls.