The Open Group, a vendor- and technology-neutral consortium focused on open standards and global interoperability within and between enterprises, has announced that the organization’s Security Forum has completed the second phase of a major initiative focused on risk management.

The Security Forum’s comprehensive project is aimed at eliminating widespread industry confusion about risk management among risk managers, security and IT professionals, and business managers. The Open Group Security Forum is also maintaining an active pipeline of projects to address the increasing risk and compliance concerns facing IT departments across organizations today. (A related Compliance Week article, “Explaining IT Risks to Senior Management,” can be found here).