You know the Value at Risk (VaR) of your business? Maybe you better don´t! In times were everybody talks about Risk Mismanagement and the wrong dealing with numbers, you should keep in mind that blank statistics will never release you from serious judging. Because „nothing ever happens until it happens for the first time.“
But even if risk management became obsolete in certain circles, the requirements for risk management are still given. This is underscored by the fact that IT management has to increasingly meet compliance, SOX and governance issues. But how you can afford this in times of tightened IT budgets? Think of the effort that is sometimes required just to regularly monitor authorization settings, changes, and transports related to your processes. A study by IDC determined that 60 to 80% of the controls required by SOX are still performed manually, a telling indicator of the tremendous progress needed in this area.
But there is a light on the horizon. And this light is called automation. Even if a closer look reveals that automation will fail to meet expectations as long as it remains piecemeal. Having a script here, a tool there, and a large number of interfaces in the middle will never get you very far and only increase complexity and total risk.
What you need is a holistic view and the right automation strategy to reduce simultaneously the risk of human error and the cost of manual intervention – both in terms of data center operations and IT risk management.