risk_management_in_corporate

May 20th, 2015
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The NHS’ finance department claimed that 15% of its total budget is spent incollecting data; such a high figure indicates that information is one of the most valuable assets within the organization.

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Introduction:The NHS finance department claimed that 15% of its total budget is spent in collecting data; such a high figure indicates that information is one of the most valuable assets within the organization.The current government believes that the information technologies would benefit the economy , increase enterprises profits and national institutions performance as a whole, in fact, many organizations including the NHS rely on their IT assets to support their business missions and achieve their goals.As the IT can provide a huge amount of services, saves time and efforts, it is however important to consider the risks that it can present, the IT disaster that happened in 1992 in relation to the ambulance department is still regarded as a tough lesson for the NHS .Despite all the assets that the NHS IT disaster in 1992 compromised, senior managers still believe that the use of the IT in support of the information storage whether it is related to the staff or the patients is unavoidable.The head of the IT health department stated that the NHS understands the risks that the whole organizations faces, but he claimed that it is still worth devoting the computers to keep track on the patients records and the staff performance.The scope of the effort:This report seeks to investigate and assess the risks that the recent electronic records system implemented within the NHS can present.The information collected to carry out this research ha

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