Risk Management Flashcard

Risk Management Flashcard

Risk Management Flashcard

This is encyclopedia contains study cards for exam preparation on the topic of risk management, financial risk audit, hazards & safety.

Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters. IT security threats and data-related risks, and the risk management strategies to alleviate them, have become a top priority for digitized companies. As a result, a risk management plan increasingly includes companies' processes for identifying and controlling threats to its digital assets, including proprietary corporate data, a customer's personally identifiable information and intellectual property.

Disclaimer:

The publisher of this app is not affiliated with or endorsed by any testing organization. All organizational and test names are trademarks of their respective owners.