Risk Assessments

Risk Assessments

Risk assessments are essential to any business, and ensuring your organization has a robust risk assessment process is critical. Doing so lets you identify potential risks early on and develop strategies for mitigating them before they become costly. In addition, with the right risk assessment processes, you can help protect your organization from financial losses due to unforeseen circumstances or events.

Key terms in plain language

Open a term for a concise explanation of language used on this page.

Broadband

A general term for always-on, high-speed Internet access. Broadband can be delivered over fiber, cable, DSL, fixed wireless, cellular, or satellite networks.

Cloud Computing

Computing resources—such as applications, servers, storage, or databases—delivered from remote infrastructure and scaled as requirements change.

Cybersecurity

The practices and controls used to protect identities, devices, networks, applications, and data from unauthorized access, disruption, or manipulation.

Identity and Access Management (IAM)

The systems and policies that determine who a user is, what resources they may access, and how that access is authenticated and reviewed.

API

An application programming interface is a defined way for software systems to exchange data or request functions from one another.

Artificial Intelligence (AI)

Software designed to perform tasks involving prediction, classification, generation, reasoning, or decision support. Business use still requires clear data, governance, security, and human accountability.