What recommendation is most appropriate when no risk management function exists in an IT department?

Establishing regular IT risk management meetings is the most appropriate recommendation when there is no dedicated risk management function within an IT department. This approach facilitates the initiation of a risk management culture by bringing together stakeholders to discuss, assess, and prioritize risks. Regular meetings serve as a platform for identifying current challenges, sharing insights, and collaborating on risk mitigation strategies. They also help in fostering a proactive mindset towards risk management, ensuring that risk considerations become integrated into the IT department’s daily operations.

Creating a separate IT risk management department may be beneficial in the long run, but it could lead to fragmentation of responsibilities and may not address immediate needs. Using standard aids to divide existing risk documentation assumes that documentation already exists, which may not be the case in the absence of a formal risk function. The option of no recommendation is insufficient because it overlooks the need for an organized approach to risk management, which is critical for the resilience and effectiveness of IT operations. Regular meetings provide an essential framework for establishing priorities and promoting collaboration in managing risk effectively.