Technology Risk Management (TRM) is an essential pillar of the IRM Navigator™ Framework, providing a structured and integrated approach to managing technology-related risks across the enterprise. The framework ensures that TRM is not treated as an isolated function but as a critical component of a broader risk management strategy. By embedding TRM into enterprise-wide risk governance, operational resilience, and regulatory compliance initiatives, organizations can proactively manage digital threats, IT vulnerabilities, and evolving cybersecurity risks.

The IRM Navigator™ Framework establishes a holistic structure that aligns technologies, processes, and data across four key risk domains:

• Enterprise Risk Management (ERM): Focuses on aligning risk management with corporate governance and strategic business objectives.

• Operational Risk Management (ORM): Addresses process failures, supply chain vulnerabilities, and business continuity risks.

• Technology Risk Management (TRM): Governs cybersecurity, IT/OT infrastructure resilience, AI risk, and digital transformation oversight.

• Governance, Risk & Compliance (GRC): Ensures adherence to regulatory and policy requirements across business operations.

By fostering a unified risk approach, the IRM Navigator™ Framework enhances transparency, accountability, and data-driven decision-making across the organization. This integration enables leadership to mitigate potential disruptions proactively, ensuring a cohesive strategy for risk reduction, regulatory compliance, and business continuity.

Table of Contents

Technology Risk Management (TRM) Insight Overview

• The Evolution of Technology Risk Management

• Importance of TRM in the IRM Navigator™ Framework

• Benefits of Integrating TRM Applications

TRM and the IRM Navigator™ Framework

• IRM Navigator™ - A Distinctive Risk Management Framework

• TRM's Interaction with Key Personas

• TRM's Contribution to the IRM Navigator™

• Broader Implications for Risk Management

TRM Market Segment Description and Overview

• Core Solution Components and Functional Capabilities of the TRM Segment

• Notable TRM Market Segment Characteristics

• Key Trends and Drivers in the TRM Segment

• Challenges and Opportunities for TRM Solutions

TRM Market Segment Size and Forecast

• Overall IRM Market Size and Forecast

• TRM Market Segment Size and Forecast

• Key Drivers of TRM Market Segment Growth

• The Need for TRM Integration Across All IRM Segments

• Implications for Organizations

Top Players in TRM: Analyzing the IRM Navigator™ Vendor Compass

• Vendor Categorization

• Evaluation Criteria

• Vendor Profiles

Strategic Recommendations for Technology Risk Integration and Management

Looking Forward

Appendix

About Wheelhouse Advisors

About Our Founder

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