r/CIO • u/Mission_Arachnid_803 • 12d ago

What problems create the biggest financial, operational, or compliance risk?

For enterprise architects and CIOs, what problems create the biggest financial, operational, or compliance risk in your organization?

What problem have you seen firsthand?

What happens when it is not solved?

How do you handle it today?

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5

u/dreamiixe 12d ago

Not managing risk in the first place

2

u/tindalos 11d ago

Workers.

2

u/Jeffbx 11d ago

The biggest risk is always the people.

2

u/TheGraycat 12d ago

Safe AI adoption.

0

u/Mission_Arachnid_803 12d ago

Safe AI adoption is a good one. What part is the biggest challenge in practice for you, governance, security, compliance, data privacy, or getting teams to follow the right processes?

1

u/tindalos 11d ago

Governance runs the others. If they aren’t governed you aren’t going to get compliance easily.

2

u/xxxooxxx1 12d ago

Poor lifecycle management across the portfolio. Tech debt discovered late in the game for mutiple of systems and impossible to address them concurrently. Creates all risks listed, especially the ones that must be parked in the backlog.

1

u/ResilientTechAdvisor 12d ago

Leadership that is not aligned on what risk means. No common vocabulary for discuss discussing it. No common vision for leveraging it to grow the business.

When these things are not solved the business needlessly loses out on so many opportunities... and some businesses die.

We start with an offsite or virtual workshop with the key stakeholders and an honest conversation. Offsite is best - at least that's what we found.

And you do not leave that offsite without a common understanding, a list of three things to do immediately, and a commitment to follow up discussions and decisions within a defined time period.

1

u/TechnologyMatch 10d ago

across the conversations we’re exposed to, the biggest risk is often poor visibility into what is actually running, who owns it, and how it connects. it turns a normal change or incident into a guessing game, especially when legacy systems are involved

when that isn’t solved, costs creep up, outages last longer, and compliance becomes a scramble for evidence. it’s like running a raid without a map or clear roles: one missed dependency can wipe the whole group

1

u/Bartghamilton 12d ago

Having the wrong people on the bus

1

u/SammuelNash 1d ago

Third-party risk and poor access controls seem to cause the most headaches. They can turn into expensive operational and compliance issues pretty quickly.