EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
How EY can help
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IRM+, the EY approach to integrated risk management, uses technology to fortify IRM efforts, drive better insights, enhance user experiences and cut costs.
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Why now?
AI is reshaping the risk landscape and increasing the speed, scale and complexity of risk. As AI capabilities evolve and become more deeply embedded in operations, risk considerations are becoming more interconnected, with the pace of change adding further complexity. This is increasing the need for a more integrated approach to risk management, one that creates the data, governance and workflow foundation needed to support AI adoption at scale with strong risk management practices embedded from the outset.
Organizations need to understand not only individual risks, but also how interconnected events can amplify consequences. As new threats emerge and the pace of change adds further complexity, an integrated-by-design approach becomes increasingly important. That means maintaining a clear view of overall risk exposure while also managing evolving AI, data and digital risks.
Many organizations see the value of integration, but common barriers remain. Fragmented risk management, disconnected tools unclear roles and duplicated reporting can limit enterprise-wide visibility and make risk harder to manage.
These challenges can be amplified in highly regulated sectors, where organizations must manage overlapping regulatory expectations, technology complexity, third-party dependencies and evolving AI-related risks.
To meet regulatory expectations, operate effectively at scale and prepare for the AI era, organizations need a future-ready, technology-enabled IRM approach.