Security and risk management leaders experience increased demand for ITRM solutions originating from cybersecurity initiatives, board risk oversight and digital compliance obligations. Gartner defines the IT risk management (ITRM) solution market as software and services that operationalize the risk management life cycle in context of the organization’s mission. ITRM solutions are deployed to establish a central hub that facilitates business-related decision making and risk management. Risks tracked are usually triggered as a result of choices made in IT, digital and security operations, information management, business continuity planning, and IT and security compliance management. These choices are driven by competing priorities that require risk visibility and prioritization based on business outcomes.
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