sentences: This paper discusses the need to consider possible risks to ensure business survival and business continuity before the implementation of new technologies, with specific interest to wireless networks and wireless devices. Information Technology is fast becoming essential within business processes and is considered a technical issue yet neglected at board level. In recent years, there has been an elevated awareness in Information Security and Corporate Governance. Organisations, and their board of directors, have become increasingly aware that securing information is vital for the organisation in both financial terms and corporate identity. Wireless Networks, and the use of mobile devices, are bringing the world a new means of communication and day-to-day business activities. The implementation of these new Wireless devices also brings about new security threats to Information assets. This paper will determine the risks involved with new technologies and motivate the importance of understanding these risks before its implementation by emphasising the important role Corporate and IT Governance play.