The enterprise risk mitigation and management (ERMM) industry is undergoing a transformation as organizations face increasingly complex cyber threats, expanding digital ecosystems, and heightened regulatory and operational pressures. Modern enterprises must manage risk across a rapidly growing attack surface that includes cloud environments, third-party ecosystems, digital brands, identities, internet-facing assets, software supply chains, and geopolitical exposures. Threat actors are leveraging automation, artificial intelligence (AI), and sophisticated attack techniques to accelerate exploitation and increase the scale of cyber campaigns. ERMM platforms have become an important component of enterprise cybersecurity strategies by converging capabilities traditionally delivered through separate technologies, including external attack surface management, cyber threat intelligence, digital risk protection, third-party risk monitoring, exposure assessment, and automated remediation. Organizations are prioritizing solutions that can transform fragmented security data into actionable intelligence, operationalize remediation workflows, and align cyber risk management with broader business objectives. This Frost Radar™ analyzes leading ERMM providers that are driving innovation and growth in this evolving landscape.