In this four-part eBook, get a better understanding of the real-world issues associated with IT compliance, how they affect the business, and how you can simplify your compliance challenges. Get your copy today.
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Risk management is a continual process of predicting, identifying, evaluating, monitoring and reducing/mitigating potential risks; where ‘risk’ refers to the ambiguity and uncertainty surrounding circumstances, events or earnings/profits. In terms of business, the term ‘risk’ can be classified into operational, financial, people, strategic, compliance, regulatory, governance and perimeter risks. Risk encompasses any elements that threaten the achievement of organizational goals.
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