Description: Governance risk refers to the potential for loss or damage that can arise due to failures in an organization’s governance, especially in the context of information security and data management. This risk manifests when the policies, procedures, and controls established to protect information assets are inadequate, improperly implemented, or not updated to reflect emerging threats. In various organizational environments, a lack of effective governance can lead to security incidents that compromise the integrity and confidentiality of data. In the context of zero trust in cloud environments, governance risk is heightened, as the distributed and dynamic nature of these environments requires a rigorous and ongoing approach to identity and access management. On the other hand, in robotic process automation (RPA), governance is crucial to ensure that automated processes operate within established limits and that automated decisions do not yield adverse outcomes. In summary, governance risk is a critical aspect that must be proactively managed to safeguard the security and operational effectiveness of modern organizations.
