Last month I closed my post by saying that in my next series of posts, I will endeavor to explore with you the exploding Global Risk Ecosystem which threatens our businesses today and into the future, and to help you self-assess as you ask your organization the following question: Do you and your business have the ability to anticipate, prepare for, and adapt to changing conditions to withstand, respond to, and recover from a Cyber Business Disruption?

I shared the view that Systemic Risk is the threat that component failure in a complex system will cascade and jeopardize the much larger system, and identified five elements of systemic risk that can significantly impact eight digital domains that work together across complex digital systems to produce and preserve business value.

I shared the view that Systemic Risk is the threat that component failure in a complex system will cascade and jeopardize the much larger system, and identified five elements of systemic risk that can significantly impact eight digital domains that work together across complex digital systems to produce and preserve business value.

In business, we have audit departments and others who assess risks, and we engage in supporting risk assessments. One of the annual rights of passage for any business and information technology group is participating in the annual risk assessment process and the production of the Annual Risk Report.

In the digital age, businesses must adopt an adaptive Enterprise Architecture to succeed. The vision, once realized, enables leveraging emerging technologies, scalability, agility, integration, cost optimization, regulatory compliance, and maximum business value.