Leading organizations review concepts and principles of safeguards risk management systems for implementing, verifying and measuring processes and procedures in large, distributed enterprise organizations. In light of potentially disruptive technologies, this Qualitative Risk Assessment methodology evaluates and quantifies risk exposures associated with operations, finances, regulation, organizational, reputational, and technology. Risk assessments should be conducted as soon as they can, to mitigate potential disruption. Based on assessment results, organizations will be better able to gauge vulnerabilities and target areas for prioritizing risks. Due to the rate of technological advances and adaption, it’s critical that risk assessments be conducted continuously.
|