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Video, Risk Libraries, Risk Management Framework, Risk Taxonomy

Disparate and Disconnected Risk Processes and Information? Solving the Problem with Risk Taxonomies

This is part 2 of our video series on "Disparate and Disconnected Risk Processes and Information". In this video, David Tattam talks about what makes a strong risk taxonomy and how you can keep your risk classification consistent so you can build an overall risk profile.

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Enterprise Risk Management, Risk Controls, Risk Taxonomy

Risk Event Libraries. Do your own sanity check.

At Protecht, we get to see a lot of risk event libraries. There continues to be some confusion as to what is actually a risk event that is worthy of its place in a central library of risks. We often see these libraries peppered with failed controls, impacts and causes rather than the true underlying risk event.

In this blog, we hope to provide some tips for you to do your own sanity check on the quality of risks in your risk registers or library.

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