Risk Management, PRMIA

In a development that will have a wide reaching impact across the world, US president Obama last week released his 10-point plan to secure and protect digital infrastructure. I see this as a part of a broader recognition of the need for Risk mitigation practices in the increasingly digital world with almost 1.5 billion people being online or logging in. This plan calls for an enhanced coordination between public and private sector.

To me this explicit recognition of the information and underlying digital infrastructure as strategic assets, could be a quantum leap forward in accelerating the slow paradigm shift of how digital information risk is perceived and managed today at senior executive levels. I believe many other countries and industry sectors will follow suit.

Many questions come to the mind. Just as this plan calls for an updated national strategy to secure the information and communication infrastructure, will many corporates follow suit in terms of Designating digital assets risk management as a key management priority; awareness around digital assets; global digital assets management policy framework etc ?

Does this mean that companies will start to have a specific Digital Assets Risk Management plan, that includes Reputation Risk management, Online Assets compliance and a digital identity plan that combines the customer secuirity and privacy aspects of customers in the new online business model ?

What do you think ?