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Risk management frameworks have common set of core component

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Reference no: EM133128890

Risk management frameworks have a common set of core components. They are:

Program scope

Information risk objectives

Information risk policy

Risk appetite/tolerance

Roles and responsibilities

Risk management life-cycle process

Risk management documentation

Management review

For each component discuss:

A description of what it is

The different elements that comprise the component

How it used to manage risk

Reference no: EM133128890

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