https://github.com/qeeqbox/risk-management

Risk management is the process of identifying, assessing, treating, and monitoring any negative events that affect a company's ability to operate (Preventing them or minimizing their harmful impact)
https://github.com/qeeqbox/risk-management

cycle infosecsimplified risk-management visualization

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Risk management is the process of identifying, assessing, treating, and monitoring any negative events that affect a company's ability to operate (Preventing them or minimizing their harmful impact)

• Host: GitHub
• URL: https://github.com/qeeqbox/risk-management
• Owner: qeeqbox
• License: agpl-3.0
• Created: 2022-08-16T21:32:00.000Z (over 2 years ago)
• Default Branch: main
• Last Pushed: 2024-01-29T01:05:11.000Z (10 months ago)
• Last Synced: 2024-05-01T11:27:24.835Z (7 months ago)
• Topics: cycle, infosecsimplified, risk-management, visualization
• Homepage:
• Size: 175 KB
• Stars: 3
• Watchers: 1
• Forks: 1
• Open Issues: 0
• Metadata Files:
  • Readme: README.md
  • License: LICENSE

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README

        
 


## Risk Management

Risk management is the process of identifying, assessing, treating, and monitoring any negative events that affect a company's ability to operate (Preventing them or minimizing their harmful impact) 

## Steps

#### Identify 

Identify all different types of events that have negative effects on the organization

- Qualitative

- Quantitative

- Generic

- Site-Specific

- Dynamic

#### Analyze

Find the likelihood of a negative event and its outcomes

- Impact Severity

- Time lost

- Potential Loss

#### Examine

Prioritize the negative event based on the organization's objectives (Which risks need t ob addressed first)

#### Treat

Starting from high to low randed negative events, choose appropriate remediation measures to bring the risk down to a manageable level or avoid it (Dispatch the treatment plan)

- Accepting

- Avoiding

- Controlling

- Transferring

#### Monitoring

Keep an eye on the risk to ensure everything goes as it should; if not, repeat the risk management process (Ongoing monitoring helps improve the efficiency of the mitigation process )

## ID

52a206a7-0dbf-4218-b10c-c99447502828

## References

- https://en.wikipedia.org/wiki/Risk_management

- https://www.nist.gov/risk-management