ERM: Enterprise Risk Management in Cybersecurity
ERM stands for Enterprise Risk Management. ERM is the organization-wide practice of identifying, assessing, and mitigating risks that could affect business objectives. It extends beyond cybersecurity to cover operational, financial, strategic, and reputational risk.
How ERM Is Used in Cybersecurity
CISOs and GRC analysts feed cybersecurity risk data into the broader ERM program so executives can compare cyber risk against other business risks. ERM frameworks like COSO and ISO 31000 provide the structure. Security architects use ERM outputs to prioritize control investments.
Cybersecurity Roles That Work with ERM
Related Cybersecurity Acronyms
Frequently asked questions
What does ERM stand for?
ERM stands for Enterprise Risk Management. ERM is the organization-wide practice of identifying, assessing, and mitigating risks that could affect business objectives. It extends beyond cybersecurity to cover operational, financial, strategic, and reputational risk.
What is ERM used for in cybersecurity?
CISOs and GRC analysts feed cybersecurity risk data into the broader ERM program so executives can compare cyber risk against other business risks. ERM frameworks like COSO and ISO 31000 provide the structure. Security architects use ERM outputs to prioritize control investments.
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