The exploratory research study addressed the issues required to provide a theoretically based model that could be developed and validated to study the process that leads to effective Security Risk Management (SRM) programs. The model incorporates desired expectations in an IS area outside of the EUC domain and includes a direct relationship between executive management support and SRM program effectiveness. Additionally, the study followed suggested procedures to develop valid, reliable research instruments in order to empirically capture the dimensions of an original SRM Program posture construct included in the conceptual model.