What key aspect should be aligned with IT governance to ensure effective risk management?

Aligning risk management with business objectives is crucial for effective IT governance. When risk management is closely linked to the overarching goals of the organization, it ensures that IT initiatives not only support but also enhance the business's mission and strategic directions. This alignment allows organizations to prioritize risks in a manner that directly corresponds to the business's operational and long-term objectives, ultimately leading to more informed decision-making regarding resource allocation, investments, and risk mitigation strategies.

By focusing on business objectives, organizations can ensure that their risk management practices are relevant and tailored to the specific needs of the business, enabling them to respond proactively to emerging risks in a way that supports their strategic aims. This synergistic relationship fosters a culture of accountability and enhances overall organizational resilience, as risk management activities are driven by the goals that matter most to the organization’s success.