RISK MANAGEMENT IN IT-BUSINESS
Анотація
Introduction. The article is devoted to topical issues of analysis, assessment and management of IT-risks in the business environment. The application of appropriate technologies enables companies to identify, assess and minimize risks in the decision-making process. Such technologies may include data analysis, risk modeling, and simulation, as well as risk management strategies. Data analysis can help businesses to identify trends and predict possible risks based on previous data. Risk modelling and simulations can help companies to estimate the possibilities that certain risks will become a reality and what are the consequences.
For effective business-risk management, it is also necessary to understand what risks types exist. Risks can be associated with changes in management decisions, financial, personnel and infrastructure risks, etc. An important aspect of risk management is the provision of security-related risks, which are becoming increasingly relevant in the context of growing cyber threats and other forms of cybercrimes.
The purpose of the article is to reveal the types, methods of risk research in the IT-business, their management and the justification of ways and measures to prevent and avoid them.
Results. The types of IT risks are considered, the activities of successful companies in the IT sphere are studied in order to identify tools for influencing the magnitude of risk. The technologies of analysis, evaluation, management of business risks for systematization and development of measures for their prevention and avoidance are studied. The theoretical and practical significance is manifested in the fact that risk analysis in the management of business processes allows enterprises to avoid negative consequences for business and increase the efficiency of financial and economic activities. The factors influencing risks in business are substantiated, an assessment of potential security threats that may arise in the process of working with IT systems is carried out.
Conclusions. The conducted analysis of the activities of successful IT companies shows that reducing the level of risk can be achieved with the help of the introduction of technologies, improvement of the company's products/services, the use of insurance poles, the implementation of financial measures, and other tools. Effective risk management at the enterprise is the key to its successful operation.
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DOI: https://doi.org/10.35774/sf2023.03.105
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West Ukrainian National University