What is the definition of risk management?

Risk management is a process to identify and control threats to a company's assets, including corporate data, customers' PII and intellectual property. read more

Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters. read more

The identification, analysis, assessment, control, and avoidance, minimization, or elimination of unacceptable risks.An organization may use risk assumption, risk avoidance, risk retention, risk transfer, or any other strategy (or combination of strategies) in proper management of future events. read more

In enterprise risk management, a risk is defined as a possible event or circumstance that can have negative influences on the enterprise in question. read more