How Information Technologies influenced Risk Management?

Risk management is a much-needed core competency that helps organizations deliver and increase stakeholder value over time. A good risk management requires better data and information, so organizations can take action on an ever-evolving inventory of risks. Risk management teams must facilitate and encourage the capture, analysis, and delivery of current and forward-looking risk information. Predictive risk information can give management a leg-up in making better-informed decisions and help them take actions that produce outcomes that are more reliable.