Archive: Security Solutions
What is Integrated Risk Management?
Integrated risk management (IRM) is a set of practices and processes supported by a risk-aware culture and enabling technologies. The IRM helps to improve decision making and performance through an integrated view of how well an organization manages its unique set of risks. To understand the full scope of risk, organizations require a comprehensive view across all business units and risk and compliance functions, as well as key business partners, suppliers and outsourced entities.