Information risk management is the process of identifying, assessing, and prioritizing risks related to information assets. It involves understanding potential threats, such as cyberattacks or data breaches, and evaluating their impact on an organization. By recognizing these risks, businesses can take steps to mitigate them and protect sensitive data. To effectively manage information risk, organizations implement various strategies, including security policies, employee training, and technology solutions. These measures help ensure that information is secure and that any potential vulnerabilities are addressed promptly, ultimately safeguarding the organization’s reputation and financial stability.