Understand EUC Risk and How To Take First Steps to Reduce It
End-User Computing applications, such as spreadsheets & databases, are an integral part of modern business. While many of these files are fairly innocuous, every organization has “high-risk” files that contain highly critical financial calculations and other sensitive information that must be protected. It is important to understand which EUCs which have the highest risk and highest business criticality in order to protect your organization.
In this on-demand webinar, KPMG and CIMCON answer three key questions about end -user computing risk and offer suggestions for getting started. You will learn:
- What is EUC Risk? How big is it and where am I most vulnerable?
- EUC Environment - What is an EUC Environment and how does it impact EUC Risk?
- Getting Started - What tools are available to help diagnose and remediate EUC risks?
End User Computing applications are used within every aspect of business including Financial Reporting, Pricing, Strategic Decision-Making, Product assessment and more. They have evolved to enable much broader user adoption, beyond those who would normally be considered “IT proficient.” While this offers businesses much greater control and insight of its data, it also creates an inherent risk.
Misuse of EUCs leads to output errors which can have significant impacts in those areas where they are relied upon. Research1 conducted on spreadsheets consistently finds that they contain a high level of errors. The impact of these errors has been felt by a number of high profile businesses in recent times, with consequences for CEOs, board members and shareholders alike.
Establishing an EUC Environment that is sufficient for the business’s needs will significantly reduce EUC Risk, as well as allowing greater insight into the data that the business owns. This webinar will explore the different elements of the EUC Environment and help attendees identify strategies to manage EUC Risk.
Watch this webinar now by filling out the form on the right.