Managing IT risk across the enterprise today is important, yet 65% of tech companies still use an ad-hoc approach, a strategy that isn’t working as evidenced by the 61% of respondents in the 2021 IT Compliance Benchmark report who say they have experienced at least one security incident or compliance lapse in the last three years.
That’s where integrated risk management (IRM) enters the picture, a holistic, organization-wide approach to addressing risk which welcomes input from various functions including risk management, cybersecurity, compliance, and various business units.
Learn more about IRM and how it differs from the traditional approach to compliance from this insightful article that appeared in Security Boulevard.