The primary purpose of a technology risk management plan is to identify, assess, and mitigate potential risks that could negatively impact an organization’s technology infrastructure and operations. This plan outlines strategies to manage risks related to data security, compliance, and system reliability, ensuring that the organization can proactively address vulnerabilities. By implementing such a plan, organizations can protect sensitive data, maintain business continuity, and sustain trust with stakeholders, leading to improved overall resilience in a rapidly changing technological landscape.