Cyber risk management software centralises the identification, assessment, mitigation, and monitoring of cybersecurity risks within a unified platform. It integrates risk registers, control libraries, testing workflows, evidence repositories, and board-level reporting. By replacing manual tracking systems, cyber risk management software improves traceability and audit defensibility. It supports multi-framework compliance, third-party risk oversight, and continuous assurance processes. Organisations benefit from improved visibility, streamlined governance, and scalable risk oversight aligned with regulatory expectations.