This report discusses the increasing prevalence of digital risk in businesses and the need for integrated risk management (IRM) to address it. Digital risk refers to the unwanted and unexpected risks that arise from technology, and it is becoming more complex and widespread as businesses invest in digital transformation. The report highlights the "business resilience gap" that exists when risk management technologies and processes do not keep pace with the rising demand for risk management. The report concludes by emphasizing the importance of integrating ORM, ITRM, ERM, and GRC to effectively manage digital risk.
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