PwC launches service to curb risk

New risk management tools are required for today''s technology dependent companies.

Ever attempted to transact a forward foreign exchange at the rate of your dreams only to be thwarted by a server failure Or spent hours putting the latest company figures together only to lose those numbers in a cyber hole before you had a chance to CtrlS You are not alone.

Y2K fears may have fizzled, but with the slew of new e-commerce operations and accompanying technologies popping up like flowers in springtime, technology dependent companies must not be complacent in technology risk management.

The latest PricewaterhouseCoopers PwC Technology Barometer survey shows that almost one inĂ¡10 technology-dependant businesses experienced an operational breakdown or other failure. Andrew Watkins, PwC...

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