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Is there really a correlation between effective risk management and profit margin growth?

Discussion in 'CSO' started by RSS, May 26, 2015.

  1. RSS

    RSS New Member Member

    Everyone knows that IT is a cost center. What many people don’t know is that recognizing and leveraging the connection between security risk mitigation and profits can create profit margin growth.

    While 73 percent of executives surveyed believe risks are on the rise, according to the new survey, “Risk in review: Decoding uncertainty, delivering value”, PwC, April 2015, only 12 percent of those are successful risk management leaders. Over the most recent three-year stretch, 41 percent of that 12 percent produced an annual profit margin growth of more than 10 percent, according to the survey. Risk management doesn’t simply mitigate risk, it magnifies net income.

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