The IT risk management process is a structured approach to identifying, assessing, mitigating, and monitoring risks associated with information technology systems, infrastructure, and data. A mature IT risk management process includes asset identification, threat and vulnerability analysis, risk scoring, control implementation, and continuous monitoring. It aligns with frameworks such as ISO 27001, NIST, and COBIT to ensure governance consistency and regulatory compliance. By embedding the IT risk management process into enterprise operations, organisations gain visibility into cyber threats, system failures, and third-party exposures. Automation enhances documentation, reporting, and executive oversight, ensuring risks are prioritised based on business impact. An effective IT risk management process strengthens resilience, supports audit readiness, and enables data-driven decision-making at board level.