What is Enterprise Risk Management? cyber security terminology#vlrtraining #cybersecurity
Enterprise Risk Management (ERM) is a systematic approach to identifying, assessing, and mitigating risks that could impact an organization's strategic objectives. It involves a comprehensive review of potential threats and opportunities, including operational, financial, and reputational risks.
Key components of ERM include:
Risk identification: Identifying potential risks that could affect the organization.
Risk assessment: Evaluating the likelihood and impact of identified risks.
Risk response: Developing strategies to mitigate, transfer, accept, or avoid risks.
Risk monitoring and reporting: Continuously monitoring risks and reporting on their status.
By implementing a robust ERM framework, organizations can improve their decision-making, enhance resilience, and protect their bottom line.
Sources and related content
👉 Please Join Our Vlrtraining WhatsApp Group
[ Ссылка ]
👉 *Please join our Telegram Group*
[ Ссылка ]
👉 *Chat with us in WhatsApp*
[ Ссылка ]
Our Courses
👉PowerBI 👉QlikSense
👉MuleSoft 👉Aws Devops
👉Gcp Devops 👉EmbededTesting 👉Itgc Sox 👉Itgc Soc ....
Please Register Now For Live demo
[ Ссылка ]
Subscribe to our Channel [ Ссылка ]
Like us on Facebook page VLR Training
[ Ссылка ]
Follow us on Twitter
[ Ссылка ]
linked in
[ Ссылка ]
