CNI/Risk management Flashcards

1
Q

13 CNI sectors

A
chemicals
 civil nuclear
 communication
 defence
 emergency services
 energy
 finance
 food
 government
 health
 space
 transport
 and water
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2
Q

National risk register

A

takes high level risks, puts them into a risk matrix and assigns departmental owners for mitigation

Blackett reviews, eg GNSS and space weather useful to highlight potential threats from each risk and potential mitigation measures.

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3
Q

Define risk

A

possibility of something happening - Risk = hazard x exposure x vulnerability

effect of uncertainty on objectives - Risk = probability x consequences

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4
Q

Define risk management

A

coordinated activities to direct and control an organisation with regard to risk

ISO 31000

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5
Q

Risk management tools

A

register - table - risk, owner, overall rating, current rating, target rating, trend

matrix - grid of likelihood against impact

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6
Q

Inherent risk?

A

risk before treatment

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7
Q

residual risk

A

risk with currently implemented treatments

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8
Q

target risk (risk apetite)

A

elve of risk with planned treatment

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9
Q

Risk options from ISO 31000

A
Avoid - don't do the activity
Eliminate - remove the risk source
Likelihood - change
Consequence - change
Share/Transfer - insurance/partnerships
Retain - informed decision
Take/Increase - pursue opportunity
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