Page 23 - Data and Digital Technology Strategy 2024-2026
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DATA AND DIGITAL TECHNOLOGY STRATEGY 2024-2026
RISKS AND ISSUES
Lack of affordability leading to Late adoption of new technologies such
insuffi cient funding to meet strategic as AI, resulting in threats to the RVC’s
priorities business model
Risk of signifi cant threat to the RVC Inability to recruit and retain
operations through failure to resource appropriately qualifi ed and experienced
and adopt appropriate cyber security staff to maximise benefi t from existing
measures and support and new technologies
Lack of political mandate for changes
to the governance of Data and Digital
Technologies
Lack of adherence to the RVC
Behaviours framework by key
stakeholders
Risk of loss of accreditation for the
RVC or reputational damage or failure
to comply with regulatory requirements
through failure to adopt suitable data and
cyber security governance methods
Lack of ability to create timely and
accurate institutional submissions to
regulatory, accreditation and other
bodies
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