What is IT Risk Management? Strategies and Processes | UpGuard

This document provides an overview of IT risk management, outlining stages (identification, assessment, control), seven strategies (including prioritization, risk appetite, mitigation, transfer, and continuous monitoring), and supporting capabilities like attack surface monitoring, KPIs, and remediation management. It also summarizes relevant compliance and standards (ISO 27001, ISO 31000, NIST) and emphasizes third-party risk assessments and security questionnaires, illustrating how organizations can enhance resilience, reduce breach impact, and maintain regulatory alignment.