Classify Business Risks
The way in which individuals and businesses use their assets varies across all industries. If a person looks at risk and its impact to the organization, he or she could quickly become overwhelmed trying to create a comprehensive list of all the possible threats and vulnerabilities that affect the company. Luckily, there are several techniques that can help direct this activity. The following method achieves this by focusing the task on the risks posed by the people, process, and technology of the organization.
Risks Posed by People
Ideally, all personnel in an organization should readily understand the threat to a company’s health if risk is not managed. Unfortunately, risks and risk management are often perceived ...
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