With constantly evolving threats and increasing regulatory pressure, companies face a complex scenario: on the one hand, the challenges of guaranteeing data integrity and, on the other, the need to innovate and adapt quickly.
According to recent research, 66% of companies report that compliance mandates are driving their investments, and the cost of compliance can be as much as $10,000 per employee. And when you consider that each employee can have access to 11 million files, the urgency of a security strategy becomes clear.
On the other hand, mastery of Information Technology (IT) has never been more vital. Brasscom's projections show vibrant growth in the sector, with demand outstripping the supply of trained professionals trained each year.
But given this scenario, essential questions arise: What is the real difference between IT Governance and IS Governance? Why are these terms so crucial to the sustainable success of companies in today's market?
Throughout this article, we will explore the distinctions between them, and how companies can leverage both to achieve excellence and security in today's dynamic business world.
IT Governance: The technological heart of business
IT Governance is often seen as crucial to modern business. However, it's not just a question of keeping systems running; it's about strategically aligning technology with the company's objectives and needs, ensuring agility, efficiency and continuous innovation. Learn about some of the advantages of having well-aligned IT Governance strategies:
Strategic alignment
IT Governance ensures that all technological initiatives are aligned with the organization's business objectives. This means that every IT investment is made with a clear purpose, whether it's to improve operational efficiency, penetrate new markets or enhance the customer experience.
Resource optimization
With effective governance, IT resources are used as efficiently as possible. This avoids waste, ensures that projects are delivered on time and within budget and helps prioritize investments that offer the greatest return.
Risk Management
Strong governance helps to identify, assess and manage risks associated with IT. Whether it's protecting against security vulnerabilities, ensuring regulatory compliance or planning for disaster recovery, IT governance is key to ensuring business continuity.
Flexibility and Agility
In a market that is constantly evolving, the ability to adapt quickly to new trends and innovations is crucial. IT Governance provides a framework that allows companies to be agile, reacting quickly to changes and seizing new opportunities.
Building trust
Investors, stakeholders and customers have greater confidence in companies that demonstrate robust IT governance. This is evidenced by stable systems, regulatory compliance and rapid responses to incidents or crises.
IS Governance: The protective shield in the Digital Age
Information Security (IS) Governance stands out as a fortress against cyber threats. Organizations are constantly challenged by a variety of threats, from sophisticated hackers to internal vulnerabilities, making information security an undeniable necessity in all business strategies. Here are some of the advantages of having IS Governance strategies in your company:
Threat Protection
IS Governance implements robust protocols and tools to protect against a variety of threats, whether external, such as cyber attacks, or internal, such as accidental data leaks.
Regulatory Compliance
With legislation such as the LGPD and other international regulations focused on data protection, good governance helps companies remain compliant, avoiding costly penalties and reputational damage.
Data integrity
Ensuring the accuracy and integrity of data is crucial for decision-making. IS Governance implements practices to ensure that data is correct, up-to-date and available when needed.
Customer trust
In a world where data breaches are frequently in the headlines, companies that demonstrate strong IS Governance cultivate deeper trust with their customers, strengthening brand loyalty.
Competitive advantage
Companies that adopt strict security practices often enjoy a competitive advantage, as they can offer stronger guarantees to customers and partners, as well as explore new opportunities in regulated markets.
The relationship between IT Governance and IS Governance
IT and IS Governance are two sides of the same technological ecosystem in modern organizations. While IT focuses on aligning technology with the company's strategic objectives, IS Governance protects these technological assets and the valuable information they process.
Their interaction is vital. For example, as IT Governance seeks to implement new solutions or improvements, IS Governance needs to assess the potential associated risks and ensure adequate protection. Together, they ensure that the organization benefits from technological innovation without compromising security.
What's more, in a world with strict data privacy regulations, compliance is an area where these two governances overlap significantly. IT needs to ensure robust and efficient systems, while IS ensures that the data in those systems is protected and compliant with regulations.
ISH: Your partner for success in Governance
ISH not only understands the relationship between IT Governance and IS, but also stands out as a benchmark in cybersecurity and innovative solutions.
Our expertise is not limited to implementing solutions; it extends to ensuring that technologies are both a driver of growth and a shield against emerging threats.
By raising standards, mitigating risks and outlining strategies, ISH can be your ally in this journey of secure digital transformation. Contact us to find out more!