Risk management frameworks have a common set of core components.

Risk management frameworks have a common set of core components. They are:

  • Program scope
  • Information risk objectives
  • Information risk policy
  • Risk appetite/tolerance
  • Roles and responsibilities
  • Risk management life-cycle process
  • Risk management documentation
  • Management review

For each component, discuss:

  • A description of what it is
  • The different elements that comprise the component
  • How it used to manage risk

 

  • Assignment Format: APA format
  • Submission Format: MS Word
  • Length: 7 pages (not including cover & references pages)
  • Citations Required: minimum 5 citations (At least 2 Scholarly and 3 from other reliable sources)
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