What's the Risk?^®

The IRM's Professional Standards Committee have released the new IRM Digital Ethics Guidelines. Developed from diverse external sources and the wider risk management community, the guidelines emphasise the importance of assessing the ethical implications of new technology. 

Risk managers play a critical role in ensuring that digital technologies are implemented ethically. That requires thinking beyond compliance and ensuring that risk managers are guided by their moral compasses, says IRM Digital Ethics Guidelines.

The guidelines set out three core principles:

• If something should not be done in the physical world, it should not be done in the digital world.
• Data should be secured to ensure that it is complete, correct, consistent, and current as far as reasonably practicable.
• Data sources and resulting outputs should be confirmed as free from bias as far as reasonably practicable.