What is a core tenant of risk management?
What is a core tenant of risk management?
A core tenant of risk management involves various strategies to handle risk which include managing, transferring, accepting, or avoiding risks. Risk management is about identifying, assessing, and taking appropriate actions to mitigate the impacts of potential risks on an organization. Hence, the most comprehensive and accurate option that captures the essence of risk management is the one that outlines these fundamental approaches.
2.1.3.4 Cloud Risk Management Tools The following processes help form the foundation of managing risk in cloud computing deployments. One of the core tenents of risk management is that you can manage, transfer, accept, or avoid risks. But everything starts with a proper assessment.
loud risk management tools The following processes help form the foundation of managing risk in cloud computing deployments. One of the core tenants of risk management is that you can manage, transfer, accept, or avoid risks. But everything starts with a proper assessment: The supplier assessment sets the groundwork for the cloud risk management program: * Request or acquire documentation. * Review their security program and documentation. * Review any legal, regulatory, contractual, and jurisdictional requirements for both the provider and yourself. (See the Domain 3: Legal for more.) * Evaluate the contracted service in the context of your information assets. * Separately evaluate the overall provider, such as finances/stability, reputation, and outsourcers.