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risk evaluation

By Norman D. Marks, CPA, CRMA | 2 Minutes Read November 25, 2019

Common sense talk about risk heat maps and more

Only when the business impact is understood does it make sense to get into the details of which risks to which information assets should be mitigated and how.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting, Information Technology, Privacy / cyber breach, cyber risk assessment, mitigating risk, risk assessments, risk evaluation, risk heat maps, risk to objectives

By Norman D. Marks, CPA, CRMA | 2 Minutes Read January 31, 2018

Identifying, assessing, and evaluating risk is the easy part

COSO ERM 2017 talks about strategy selection, which is a very important decision, and how you need to assess each option. The selection process includes understanding what might happen under each option (risks and opportunities in their language), weighing all the pros and cons, and then choosing the one that makes the most business sense.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting, Privacy / addressing risks, business risk, COSO ERM 2017, evaluating risk, ISO 31000: 2009 global risk management standard, risk, risk evaluation, risk management

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