Abstract
Information system has become a strategic tool for business organization, its wide usage and acceptance has increased the flexibility of commercial activities and business sustainability. The use of internet technology has also promoted business networking, information sharing, knowledge acquisition, and prompt decision-making. Meanwhile, efficiency of IS is anchored on the commitment and support of top management in terms of policy and strategy formulation. This paper analyses the impact of top management commitment and support on IS risk management implementation in the business sector. The study employed a narrative method of literature review that critically analyzed the importance of top management commitment and support on information system risk management implementation within the business organization. Relevant information was obtained from Scopus, Web of Science, Research Gate and google scholar. It was found that IS improves task efficiency through effective communication and job automation. Therefore, organizations need to control and prevent the possibility of IS risk occurrence in their operations to promote competitive advantage and sustainable performance. Hence, and it is the responsibility of executive arm of organization to guide, direct, and control IS risk management implementation for performance advantage.
Highlights
The development in information technology has enabled the business organizations to implement information system (IS) risk management as a method of protecting businesses as well as organization’s confidential information
This study employs a narrative method of literature review, a comprehensive approach that critically analyzed the impact of top management commitment and support on information system risk management implementation in the business organization
A great deal of administrative activities is been supported by IS software components, example is the Enterprise Resource Planning (ERP)
Summary
The development in information technology has enabled the business organizations to implement information system (IS) risk management as a method of protecting businesses as well as organization’s confidential information. Information technology (IT) has helped organizations to accomplished objective of automated information processing system. Information is considered valuable and intangible assets that has to do with knowledge acquisition, trade secret, organizational capability and innovative advantage, they need to be protected from any form of IS related threat or risk [1]. Effective IS risk management implementation is significant to IS assets protection. Organizations need to focus on every area of risk management and not financial assets alone [2]. Top management must show commitment and ultimate responsibility towards accomplishment of IS risk management implementation. Top management should evaluate IS risk management performance to know the failure or success of the program
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