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  2. Risk analysis (business) - Wikipedia

    en.wikipedia.org/wiki/Risk_analysis_(Business)

    After identifying and categorizing risks, a team identifies the controls that could mitigate the risk. The decision for what controls are needed lies with the business manager. The team's conclusions as to what risks exist and what controls needed are documented, along with a related action plan for control implementation.

  3. Risk assessment - Wikipedia

    en.wikipedia.org/wiki/Risk_assessment

    It is also necessary to identify the potential parties or assets which may be affected by the threat, and the potential consequences to them if the hazard is activated. Hazard identification, an identification of visible and implied hazards and determining the qualitative nature of the potential adverse consequences of each hazard. Without a ...

  4. Vulnerability assessment - Wikipedia

    en.wikipedia.org/wiki/Vulnerability_assessment

    A vulnerability assessment is the process of identifying, quantifying, and prioritizing (or ranking) the vulnerabilities in a system. Examples of systems for which vulnerability assessments are performed include, but are not limited to, information technology systems, energy supply systems, water supply systems, transportation systems, and communication systems.

  5. Risk management - Wikipedia

    en.wikipedia.org/wiki/Risk_management

    ESRM is a security program management approach that links security activities to an enterprise's mission and business goals through risk management methods. The security leader's role in ESRM is to manage risks of harm to enterprise assets in partnership with the business leaders whose assets are exposed to those risks.

  6. Anticipate, recognize, evaluate, control, and confirm - Wikipedia

    en.wikipedia.org/wiki/Anticipate,_recognize...

    The anticipate, recognize, evaluate, control, and confirm (ARECC) decision-making framework began as recognize, evaluate, and control.In 1994 then-president of the American Industrial Hygiene Association (AIHA) Harry Ettinger added the anticipate step to formally convey the duty and opportunity of the worker protection community to proactively apply its growing body of knowledge and experience ...

  7. It is often called hazard insurance because the average homeowners policy includes coverage for a list of perils, or causes of loss, that can damage or destroy your home. Homeowners insurance

  8. Hierarchy of hazard controls - Wikipedia

    en.wikipedia.org/wiki/Hierarchy_of_hazard_controls

    When encountering a hazard in the workplace, the hierarchy of hazard control provides a systematic approach to identify the most appropriate actions for controlling or eliminating that hazard. Additionally, it aids in developing a comprehensive hazard control plan for implementing the chosen measures effectively in the workplace. [23]

  9. Hazard analysis - Wikipedia

    en.wikipedia.org/wiki/Hazard_analysis

    When used as part of an aviation hazard analysis, a "Likelihood" is a specific probability. It is the joint probability of a hazard occurring, that hazard causing or contributing to an aircraft accident or incident, and the resulting degree of loss or harm falling within one of the defined severity categories.