IDEAS home Printed from
   My bibliography  Save this article

Managing IT Risks


  • Stanciu Victoria

    () (Academy of Economic Studies, Bucharest)

  • Bran Florin Paul Ph.D

    (BCR Erste)


At a time when the importance of information and technology is obvious in every aspect of business, the need to manage more appropriate the IT risks has never been so important. IT is not just widely present in all organizations but complexly interconnected inside and outside the organization. As organizations’ dependence and interdependence on IT have increased, the consequences of IT risk have increased as well. Technology has increased the amount of data and information being processes and it has significantly impacted the control environment and business itself. IT is now a key component of the business activities in any organization. In the same time IT risk management became a key component of the corporate governance. More and more organizations are aware that an effective and efficient IT risk management is vital to their success and reputation. Securing and operating today’s complex systems is challenging and demanding. The increase of the cybercrime imposes more complex security solutions and higher costs. The present paper presents the authors research results regarding IT risk management underlying the impact of the inadequate IT risk management on the organizations’ activity, the necessity to built a global IT risk solution and manage all the risks, no matter of their nature, in a holistic approach.

Suggested Citation

  • Stanciu Victoria & Bran Florin Paul Ph.D, 2010. "Managing IT Risks," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 807-812, May.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:807-812

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    IT risk management; technology; cybercrime ; security;

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:807-812. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gheorghiu Gabriela). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.