A Brief Overview of the Risk Management Process
A risk management approach underpins the entire business continuity and cybersecurity management processes. This chapter will provide a review (as opposed to a detailed description) of generic risk management practice. There are many publications on risk management—books, white papers, and Standards, and a number of these are listed in Bibliography.
Where Risk Management Is Used
People from different occupational backgrounds will view the term “risk management” in quite different ways. Some organizations view risk as an opportunity—usually to make money, for example, in the case of an investment bank considering funding a start-up operation. Others will see risk as having negative connotations, ...
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