The decision to accept risk should be made at the appropriate level.
Risk assessment is a process of understanding types of bad things that could occur, likely-hood of those bad things to occur and gravity of the effects. Risk assessment decision helps to lower risk as much as possible. Sometimes the risk will be acceptable and in other circumstances risk must change to accept. To reduce risk, action must be taken to manage it. These actions taken to reduce the impact must provide more benefit than it costs. They must be acceptable by the stakeholders.
all risk must be migrated and transferred
Yes, risk management involves sound decision making, accountability and flexibility. Managers are required to examine the risk associated with each project before making a decision.
Yes, risk management involves sound decision making, accountability and flexibility. Managers are required to examine the risk associated with each project before making a decision.
The decision to accept risk should be made at the appropriate level.
The decision to accept risk should be made at the appropriate and correct level. For the United States Army, risk decisions should be made at the lowest level possible.
The decision to accept risk should be made at the appropriate and correct level. For the United States Army, risk decisions should be made at the lowest level possible.
The decision to accept risk should be made at the appropriate and correct level. For the United States Army, risk decisions should be made at the lowest level possible.
The decision to accept risk should be made at the appropriate level.
the appropriate level
When they accept a necessary risk and it results in failure.
A risk acceptance decision is one based on what constitutes an acceptable level of risk.
A risk acceptance decision is one based on what constitutes an acceptable level of risk.
A decision based on what constitutes an acceptable level of risk
Yes - the DAA can accept non-compliance of an IA control. In doing so however, they accept the risk that comes with the non-compliance. Risk acceptance by the DAA is not just a matter of them deciding the risk is something the network should accept. They are held legally responsible for their decisions and can be prosecuted (with the potential for both fines and incarceration) for accepting risk that they should not have. As a consequence, the DAA will usually want to see the residual risk reduced to Low for the system or application. Any non-compliant controls should be mitigated and included in a Plan of Actions and Milestones for correction.
Risk assessment is a process of understanding types of bad things that could occur, likely-hood of those bad things to occur and gravity of the effects. Risk assessment decision helps to lower risk as much as possible. Sometimes the risk will be acceptable and in other circumstances risk must change to accept. To reduce risk, action must be taken to manage it. These actions taken to reduce the impact must provide more benefit than it costs. They must be acceptable by the stakeholders.