What is an Integrated Risk Management Process?
The integrated risk management process connects and funnels every risk area—think cybersecurity, third‑party, compliance, data privacy, and more—into one unified strategy. Instead of having each team manage threats in isolation, you assign clear accountability for each domain and agree on a common set of definitions. Visibility, check. Accountability, check. A more holistic vantage point, check. In the not-so-distant past, companies handled risks within isolated teams, ...
