Enterprise Risk Management Programs and Its Effect on Firms

Question

Policies exist in almost every organization, and many have robust Enterprise Risk Management programs. Yet, many of these firms have been breached and some are targeted with success repeatedly. If ERM programs are critical to managing risk, are they actually effective if firms compromised even though they have them? Why or why not? You may use examples of recent breaches to substantiate your position.

Summary

This question belongs to cyber security and discusses about enterprise risk management programs.

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