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.

Risk 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.

What 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.

How 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.

How 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.

How 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.

What 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.

What Is Third-Party Risk Management + Policy

Discover best practices and a policy template for safeguarding your organization against third-party risk.