Career Watch: A certification for risk professionals

By Jamie Eckle, Computerworld |  IT Management, it certifications, security certification

How might this training and certification help a person understand IT risk management as it applies to overall business process? The focus of the CRISC certification is on the IT risk professional gaining the tools and knowledge to evaluate the enterprise as a whole. Effective enterprise risk management requires an integrated and holistic approach. The first three domains that CRISC focuses on -- risk identification, assessment and evaluation; risk response; and risk monitoring -- provide the framework, from an organizational perspective, for managing and mitigating IT risk across business processes and technology. In addition, CRISC gives risk professionals a common language for communicating within IT and with the greater enterprise about risk. Based on the input from the CRISC professional, enterprises are then able to make effective risk-based decisions and prioritize efforts and resources to those areas that are most at risk.

Silicon Alley Surging

A study called "New Tech City" makes the case that New York is becoming an important hub of the digital economy. The report, from the Center for an Urban Future, notes that, while there is no way to know how many digital startups have been formed in the city, 486 that were founded in the past five years have received angel, seed or venture capital funding. The report's authors estimate that the actual number of technology startups is well above 1,000. Overall, Silicon Alley is still well behind Silicon Valley as a center of technology entrepreneurship, but New York has surpassed Boston as the No. 2 tech hub in the country.

One metric that shows the rise in prominence for technology in the city is employment growth, with IT growth outstripping the average for the city and many of its traditional economic mainstays. Similarly, a comparison of venture capital activity in New York and other U.S. technology centers offers a sense of the area's economic vitality.

New York Job Growth, 2007-12

IT vs. other sectors

IT: 28.7%

City average: 3.6%

Broadcasting: 0.4%

Securities industry: -5.9%

Legal services: -7%

Publishing: -15.8%

Manufacturing: -29.5%

Growth in Venture Capital Deals by Region,

2007-11

New York: 32%

U.S. average: -11%

Silicon Valley -1%

Los Angeles/Orange County: -8%

New England: -14%

Texas: -17%

San Diego: -38%

Source: The Center for an Urban Future's "New Tech City" report, May 2012


Originally published on Computerworld |  Click here to read the original story.
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