Risk management is the structured process of identifying, assessing, mitigating, and monitoring risks that could impact organisational objectives. It applies across cyber, financial, operational, and strategic domains. Effective risk management aligns with recognised frameworks such as ISO 31000 and integrates governance, reporting, and accountability mechanisms. The risk management process includes defining risk appetite, implementing controls, and conducting ongoing reviews to ensure mitigation effectiveness. Digital risk management platforms centralise risk registers, automate reporting, and enhance executive visibility. Strong risk management supports informed decision-making, regulatory compliance, and long-term resilience.