IT department
June 25, 2014 Occasional Contributors Accounting Systems and Controls, Backup and Disaster Planning, Board of Directors, Process and Responsibilities, Business and Legal Issues, Corporate Administration, Corporate Governance, Finance and Accounting, IT, Privacy and Security, Leadership and Management, Network, Systems and Data Security, Not for Profit, Privacy Compliance and Management, Systems and Data Management
Not long ago, cybersecurity was a term rarely, if ever, heard in the boardroom. Rather, information security was deemed to be a risk managed solely by the chief information or technology officer. Those days are gone. With the litany of high profile cybersecurity hacks—and the potential resulting drop in shareholder value, regulatory inquiries and litigations which inevitably follow—cybersecurity has become an increasingly challenging risk that boards must address.
cyber-risks, Cybersecurity, Cybersecurity in the boardroom, data breaches, directors and officers, insurance, IT department, managing cybersecurity risks, risk management, risk of shareholder lawsuits, security risk management
November 4, 2013 Jeffrey Sherman Corporate Governance, IT, Privacy and Security, Sales, Marketing and Operations
One of the key elements needed to ensure accountability is reporting the right statistics and metrics. Each user department is responsible for ensuring that its information technology needs are addressed, and the IT department is responsible for providing overall cost-effectiveness, quality and coordination. The IT department can play its role by ensuring that IT metrics are captured and disseminated. User departments and the IT department must both be involved; neither may be permitted to abdicate its responsibilities.
benefits delivery, COBIT 5, compliance, data capacity, estimating resource requirements, future functional requirements, governance framework, implementation, Information Technology PolicyPro, IT accountability, IT compliance, IT controls, IT department, IT governance, IT infrastructure, IT measurement, IT planning, IT priorities, IT strategy, ITPP, managing relationships, metrics, needs evaluations, network capacity, planning cycle, planning process, priorities, processing requirements, processor memory, resource capacity, resource optimization, resource usage, risk optimization, statistics, systems requirements, technical support, upgrading IT infrastructure, user support
July 29, 2013 Occasional Contributors Corporate Governance, Finance and Accounting, IT, Privacy and Security, Not for Profit, Sales, Marketing and Operations
In Steel v. Coast Capital Savings Credit Union, the Supreme Court of British Columbia upheld the termination of an employee on a with cause basis after the employee breached the bank’s confidentiality policy
bank’s confidentiality policy, breach of privacy policy, confidentiality, credit union, damages, Employee dismissed for cause, Employee Handbook, employees’ personal folders, HR department, Human Resources, internal technical support, IT department, job duties, just cause, management, performance review process, permission, policies and procedures, policies and protocols, policy manual, terminate an employee without notice or pay in lieu thereof, termination of an employee, wrongful dismissal
November 5, 2012 Ron Richard Finance and Accounting, IT, Privacy and Security, Sales, Marketing and Operations
Ideally your IT processes are effective and efficient, and the department itself is viewed favourably by its customers, employees, and management. If at all possible, your IT department is positioned well enough to meet future needs and you have a good grasp on what you are doing to develop opportunities to answer present and future challenges.
business, business processes, Chief Information Officiers, cloud computing, computerized workplace, corporate strategic goals, financial planning process, information technology, IT department, IT processes, IT professionals, IT roles and responsibilities, IT/Business alignment, technology