Risk management is a critical component of cybersecurity, focusing on identifying, assessing, and prioritizing risks to an organization's information assets. It involves a systematic approach to managing uncertainty related to potential threats. By understanding the risks, organizations can implement strategies to mitigate or eliminate them, ensuring the security and integrity of their data.

In the context of an enterprise, risk management impacts the entire organization. It requires collaboration between various departments, including IT, finance, and operations, to ensure that all potential risks are identified and addressed. This holistic approach helps in safeguarding the organization's assets and maintaining its reputation.

Security teams play a vital role in risk management by continuously monitoring for threats and vulnerabilities. They use various tools and techniques to detect potential risks and respond to incidents promptly. Leadership, on the other hand, is responsible for setting the risk management framework and ensuring that the necessary resources are allocated to manage risks effectively.

Risk Management