Page 23 - Data and Digital Technology Strategy 2024-2026

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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