Integrated Risk Management

Definition ∞ Integrated risk management involves a comprehensive approach to identifying, assessing, mitigating, and monitoring all types of risks across an organization’s operations, including financial, operational, compliance, and strategic risks. In the context of digital assets, this includes managing risks associated with smart contract vulnerabilities, cybersecurity threats, regulatory changes, and market volatility. The objective is to establish a unified framework for risk oversight. This framework helps organizations make informed decisions and protect assets effectively.
Context ∞ News related to digital asset institutions frequently highlights the growing importance of integrated risk management as the industry matures. Regulatory bodies increasingly expect robust risk frameworks from crypto service providers. Effective integrated risk management is crucial for building trust and ensuring the long-term viability of digital asset businesses, fostering stability.