How MorganFranklin Can Help
It’s currently unknown if the IRM term will gain widespread adoption. As long as an organization is effectively managing all functions that fall under the GRC and IRM models, then the precise model being used only impacts its structure, policies, and procedures.
At the end of the day it is about overall risk management, how you identify risk profiles, and the appetite of the company. They all work around controls (either technical or administrative), and the lines of defenses, people, and processes that are in place.
If your organization needs help designing or reviewing your integrated risk management program or you wish to share your thoughts on the GRC/IRM branding, please reach out. MorganFranklin consultants have extensive experience in designing cybersecurity risk management programs and can help identify the tools, processes, and models that work best for your organization’s unique business and security needs.