The Future of Risk - Creating a Framework for Growth of the Corporate Risk Function Risk management functions have grown considerably in the past decade from small units focused on financial risk and regulatory compliance to large armies covering diverse threat portfolios. Spawned by an increase in regulatory requirements and burgeoning external threats, these functions have been saddled with an ever-flourishing scope. Corporate leadership, now looking for new risk management and technical expertise to battle these threats, is facing a lack of qualified personnel and pressure on operating budgets. Even more difficult is the rise in new technology and the need for corporations to quickly adjust their models, sometimes at the behest of security and risk management. To adequately manage risk in the Digital Age, companies must broaden their understanding of risk management from simply avoiding risk, to embracing it in context. Risk and compliance capabilities in the organization must also provide strategic insights and must move towards a proactive posture. By infusing risk insights into daily processes, corporations will be more coordinated and connected over the long term. Keches, Gregory M. Creator Palazzi, Bernardo Advisor Polak, Matthew J. Advisor Petrina, Tania Advisor Young, Keith Advisor Brown University. School of Professional Studies. Department of Computer Science Sponsor 2019 17 p. born digital Capstone (EMCS)--Brown University, 2019 Computer security Integrated risk management Three Lines of Defense Risk management Corporate resiliency Adaptive governance Risk frameworks COSO NIST 800-53 Cybersecurity standards text Critical Challenge Project In Copyright All rights reserved. Collection is open for research. English RPB 20100429 10.26300/hka4-re23