To manage IT-related risk throughout the enterprise, it is crucial to establish an enterprise risk
governance committee. This committee provides oversight and direction for the risk management
activities across the organization. It ensures that risks are identified, assessed, and managed in
alignment with the organization's risk appetite and strategy. The committee typically includes senior
executives and stakeholders who can influence policy and resource allocation. This structure supports
a comprehensive approach to risk management, integrating risk considerations into decision-making
processes. This requirement is in line with guidance from frameworks such as COBIT and ISO 27001,
which emphasize governance structures for effective risk management.
