In 2022, 41% of organizations that had been attacked in the past year said their risk exposure has increased. This is the result of a number of factors that have expanded organizations’ attack surfaces, including an increasingly remote workforce and technological innovation including AI and IoT devices.
As organizations face an increasing number of risks that can potentially impact their financial and operational performance, reputation, and compliance with regulations and laws, risk management is more important than ever.
In this section, we’ll dive into this component of GRC in more depth so you understand what strategies, tools, and policies to put in place to help protect your organization from cyber attacks.
What Is a Risk Management Strategy? + Examples
Understand the importance of having a risk management strategy, plus find some examples of ways you might assess, respond to, and monitor risk.
Explore ResourceRisk Assessment: Purpose, Process, and Software + Template
Walk through the step-by-step process for evaluating and documenting potential risk factors that could threaten your company’s ability to meet its objectives, keep data safe, and/or comply with regulations.
Explore ResourceWhat Is Risk Mitigation? + Strategies
A key part of any risk management strategy is how you plan to remediate, address, or mitigate risks to an acceptable level. Learn the different strategies you can use.
Explore ResourceHow to Create a Risk Register + Template
Looking for a way to document and track risks across your organization? Learn about a risk register and how this tool can enhance risk management at your organization.
Explore ResourceHow to Write a Business Continuity Plan + Template
Understand how to create a business continuity plan that helps you resume operations and services as quickly as possible after a crisis.
Explore ResourceHow to Create an Incident Response Plan + Template
Find out how having a plan in place to detect, contain, and recover from an incident and/or data breach can help you limit the damage and become more cyber resilient.
Explore ResourceWhat is a Change Management Process? + Template
Learn how a change management process can help you plan for and communicate changes across your organization, prevent unauthorized changes, and meet compliance requirements.
Explore ResourceWhat Is Third-Party Risk Management + Policy
Discover best practices and a policy template for safeguarding your organization against third-party risk.
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