Which of the following should be the CIO’s FIRST step in deciding the appropriate response to the new requirement?

December 10, 2021 by Admin

A CIO has recently been made aware of a new regulatory requirement which may affect IT-enabled business activities. Which of the following should be the CIO’s FIRST step in deciding the appropriate response to the new requirement?

  • Consult with legal and risk experts to understand the requirements.
  • Confirm there are adequate resources to mitigate compliance requirements.
  • Consult with the board for guidance on the new requirement.
  • Revise initiatives that are active to reflect the new requirements.

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