Risk management concepts Flashcards
1
Q
4 stages of risk management
A
Identify, Analyse, Treat, Monitor
1
Q
stages of risk treatment
A
avoid, reduce, transfer, accept
2
Q
When transferring risk with a third party, does liability lie with the owner or the third party?
A
the owner
3
Q
what does IAAAA stand for?
A
Identify, authenticate, authorise, accountability, audit
4
Q
A
