Risk Assessment.

Supplier Risk Assessment

Application Risk Assessment

IT Audit

For risk assessments to yield meaningful results, certain key principles must be considered. A risk assessment should begin and end with specific business objectives that are anchored in key value drivers. These objectives provide the basis for measuring the impact and probability of risk ratings. Governance over the assessment process should be clearly established to foster a holistic approach and a portfolio view—one that best facilitates responses based on risk ratings and the organizations overall risk appetite and tolerance. Finally, capturing leading indicators enhances the ability to anticipate possible risks and opportunities before they materialize. With these foundation principles in mind, the risk assessment process can be periodically refreshed to deliver the best possible insights.