Enterprise risk management involves understanding, analyzing, and addressing risk to ensure organizations achieve their objectives. So it must be proportionate to the complexity and type of organization involved. Enterprise Risk Management (ERM) is an integrated and joined-up approach to managing risk across an organization and its extended networks.
Because risk is inherent in everything we do, cyber risk professionals’ roles are incredibly diverse. They include insurance, business continuity, health and safety, corporate governance, engineering, planning, and financial services.
Cyber Security Operations Consulting’s mission is to build excellence in risk management in all sectors worldwide.
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SecurityEnterprise Risk Management Service Process
Risk management is the continuing process to identify, analyze, evaluate, and treat loss exposures and monitor risk control and financial resources to mitigate the adverse effects of loss.
Loss may result from the following:
financial risks such as cost of claims and liability judgments
operational risks such as labor strikes
perimeter risks including weather or political change
strategic risks including management changes or loss of reputation