Nowadays, information technology (IT) drives almost every business function, causing companies to stumble whenever IT system fails. Research shows that many company executives and employees hold IT to be solely responsible for keeping the systems running. To be effective, IT managers should understand the risks which are faced by the technology department besides the ones faced by its department. In essence, it means that corporate IT managers should be the best of both, not only they should be good planners, but also efficient risk managers as well.